85% of northern factories at least partially operating

Manufacturers Association: The direct financial damage to factories is NIS 3.7 billion.

85% of factories in Haifa and the north are fully or partially open the Manufacturers Association of Israel reports.

A week ago, 75% of factories were full or partially open, and 25% were closed. During the first week of the week of the war, 65% of factories were fully or partially open, and 35% were closed.

Altogether, there are 100,000 industrial employees in Haifa and the north. The Manufacturers Association estimates the direct financial damage to factories in the north since the outbreak of the war at NIS 3.7 billion, mostly from lost output.

The Manufacturers Association says the grounds or structures of 20 factories have taken direct hits from Hizbullah rockets since the start of the war.

Published by Globes [online], Israel business news - www.globes.co.il - on August 7, 2006

© Copyright of Globes Publisher Itonut (1983) Ltd. 2006

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