The American Kaiser Company, assemblers of Jeep cars and Renault cars and trucks, plans to open three new factories in Israel in partnership with local companies, Ephraim Ilin, head of the Kaiser-Renault plant in Haifa, told newsmen there.
The three plants, all to be located in the industrial complex arising at Askelon, will be financed by American, Israeli and French capital. They will manufacture spare parts for automotive equipment, gears and metal-working machinery.
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