Realizing Potential in Israel's Growth Industries
April 14 — A. O. Smith Corporation (NYSE: AOS) and Chromagen entered into a strategic cooperative agreement to develop advanced solar technology for water heating applications.
Originally designed and installed over 3 years ago, the ADSS (All Dielectric Self-Supporting) fiberoptic cable connecting the below-sea-level lower portion of the Massada site to the upper portion has an un-supported span of 910 meters.
Late January 2010, Gazit Industries Ltd, a Tene II portfolio company, consummated its control investment in Poligal Ltd. According to Ran Ben-Or, Managing Partner at Tene Investment Funds, "this is a significant and positive move for the two companies as there is a multi level synergy in the companies' operations."
Hanita Coatings, a leading converter of polyester films, recently announced the appointment of Oved Shapira as Managing Director, replacing Sason Fluxman, who is now CEO of automotive parts manufacturer Fishman Ltd.
Oved Shapira, 41, gained rich managerial experience during 7 years at Frutarom, one of the leading global companies in the field of flavors and specialty ingredients.
