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May 31, 1985 - Image 31

Resource type:
Text
Publication:
The Detroit Jewish News, 1985-05-31

Disclaimer: Computer generated plain text may have errors. Read more about this.

THE DETROIT JEWISH NEWS

Friday, May 31, 1985

31

4

DAVID ROSENMAN

20 Years Automobile Experience

NEWS

Broke Textile
Mill Closes

Tel Aviv (JTA) — Haifa dis-
trict court judge Eliezer Barr,
rejecting 'a last minute appeal
by Minister of Commerce and
Industry Ariel Sharon, ordered
the bankrupt Ata Textile mills
complex on Haifa Bay shut
down Monday. It is the largest
single employer in the Haifa
area.
Sharon, who won a postpone-
ment of the original closure or-
der, to have taken effect May 1,
is lobbying for the sale of the
mills to a group headed by
Eliezer Peleg, the government-
appointed receiver and tempor-
ary manager of Ata, and a
group of foreign investors.
Having failed to win a second
postponement, he said Monday
that he would oppose, at next
Sunday's Cabinet session, a de-
cision by the Ministerial Eco-
nomic Committee Sunday to sell
Ata to a local investment group
headed by the two sons of
former Finance Minister Yigael
Hurvitz. Hurvitz is a
Minister-Without Portfolio re-
presenting the one-man Ometz
faction in the national unity co-
alition government.
The Committee, of which Sha-
ron is a member, preferred the
Hurvitz offer because it would
require a government assistance
in the amount of $9 million
compared to the $30-$40 million
demanded by the Sharon-backed
group. Sharon claims that the
Hurvitz investors lack experi-
ence in the textile business and
cannot offer the market guaran-
tees of their rivals.
Meanwhile, the closure order,
though not unexpected,
triggered mass protests by Ata
employees. They blocked the
main Haifa-Acre highway out-
side the Kiryat Ata plant for
two hours by lying down on the
road. When ordered to move by
police, they barricaded them-
selves inside the mills. Their ob-
jective was to prevent Peleg
from carrying out an earlier
court order that he hire security
guards to make sure no workers
remain inside the plant after it
is shut down.

A

ALTO
Amok PIURCHASERS

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FUND

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invites you to attend the

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TESTIMONIAL DINNER

honoring

You have until June 15, 1985

to purchase a
Piaget® PoloTM Gold Bracelet Watch
and receive a special allowance
of $1,000 to $1,500.

Piaget. Watch Corporation wishes to
pass the benefits of the strong dollar
on to customers in the United States
purchasing any Piaget Polo bracelet
watch.

IRVING and FLORENCE HERMELIN

In Recognition of their Leadership in the
Business and Civic Life of our Community

Wednesday, June 19, 1985

CONGREGATION SHAAREY ZEDEK

27375 Bell Road, Southfield
Dinner 7 p.m.
Cocktails 6 p.m.

As an official Piaget Jeweler, we
have been authori z ed to offer an
allowance of $1000. to $1500. (depend-
ing upon the model) off the selling
price of these watches.
The collection of 18 karat gold
Piaget® Polo" bracelet watches for
men and women includes those with
gemstone dials and diamonds.

Kreisky Nixes
Israel Trip

Vienna (JTA) — Former
Chancellor Bruno Kreisky said
last week that he had postponed
indefinitely his May visit to Is-
rael, because his safety could
not be guaranteed following the
disclosure of his involvement in
the 'exchange of three Israeli
soldiers for hundreds of Palesti-
nian terrorists.
Kreisky told a news confer-
ence in Vienna that he has spo-
ken with officials of the Interna-
tional Center for Peace in the
Middle East, sponsors of the
visit, and they indicated that
the prisoner exchange had
raised mixed feelings in Israel
and they feared possible assas-
sination attempts against the
former Austrian leader in Israel.

(KEREN KAYEMETH
LEISRAEL) INC.

This offer expires June 15, 1985.

IVAN S. BLOCH

FRANKLIN J. ELLIAS

General Chairman

President, JNF Council of
Greater Detroit

Dinner Co-Chairmen

PAUL BORMAN
SUE ELLEN EISENBERG
MARTIN R. GOLDMAN
DAVID B. HOLTZMAN
IRVING LAKER

Associate Chairmen

DAVID B. HERMELIN

JULES R. SCHUBOT
jewellers

3001 BIG BEAVER ROAD
TROY • MICH. 649-1122

^

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retr , ..*

ROGER H. LEEMIS
ED LEVY, JR.
IRVING NUSBAUM
HENRIETTA WEINBERG

EDWARD ROSENTHAL,

MILTON M. SHIFFMAN, M.D.

Executive Director - JNF Council of Greater Detroit

DONATION: $125.00 Per Person
For reservations and further information, call

JEWISH NATIONAL FUND
557-6644

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