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January 19, 1996 - Image 46

Resource type:
Text
Publication:
The Detroit Jewish News, 1996-01-19

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

GOING THE
EXTRA MILE

No, we aren't as close as Woodward Avenue.
So, everyday, we drive farther to prove going
the extra distance to Wood Motors makes
a big difference in customer service.

First, getting to our location can be as easy as dialing
1-800-WOOD-229.

Award winning people, like Paul Milgrim, Mercedes-Benz Star
Sales Consultant with 18 years experience, will work with you to
determine how Wood Motors can go further to gain your satisfaction.

-

And then, it is programs like, "Yes, Fax Me A Car" that gives you the
option of applying for and leasing a Mercedes-Benz within 24 hours
by fax.

Or maybe you would like Paul Milgrim, to bring you a Mercedes to
preview and test drive at your home or office.

Or make an appointment to service your Mercedes with the Wood
Motors Pickup and Delivery Program. A sales and service consultant
will conveniently pick up your car, leave you with a Mercedes loaner
and then return your car after service in tip-top condition
including a hand car wash.

And the Wood Motors Competitive Labor Rates Program insures
that you receive competitive pricing on all maintenance and repairs.
You will always feel confident that award-winning, trained Mercedes
technicians use genuine Mercedes-Benz parts on your vehicle.

When it comes to giving 100% and going the extra mile for your
Mercedes, no one else in the Detroit area goes further.

IT'S WORTH A CALL TO SEE.

WOOD MOTORS

Mercedes-Benz

15351 Gratiot Ave. (at 8 Mile) Detroit

1.800-WOOD-229

40

K

Tadiran, IDF
Sign A Deal

Jerusalem (JPFS)--= Tadiran an-
nounced it has signed an $80 mil-
lion contract to supply.
new-generation communications
equipment to the IDF.
The value of the contract was
originally announced hi July as
$50 million but increased due to
the addition of a completely inte-
grated software/hardware pack-
age.
Tadiran said the contract
would assist in competing for oth-
er international contracts:
The contract includes primary
communications equipment, sup-
port systems and laboratories, a
logistics package and instruc-
tional systems.
The new communications sys-
tems will replace those developed
by Tadiran for the IDF in the
1960s and will be used in tanks,
armored personnel carriers and
other vehicles.
Tadiran says the system is low

maintenance, has been tested for
several thousand hours of prob-
lem-free operation and has sur-
passed all quality and reliability
requirements.
A new production line for the
system has been planned as part
of Tadiran's overall reorganiza-
tion into market sectors, which is
scheduled for this year.
The public issues of both Tadi-
ran's communications and bat-
teries divisions are scheduled for
this year.
The closed signing ceremony
took place at Tadiran's offices and
was attended by Chief Commu-
nications and Electronics Officer
Avihu Diskelman; head of pur-
chasing for the Defense Ministry
Haim Adar; Tadiran chairman
and Koor general manager Ben-
ny Gaon; Tadiran general man-
ager Israel Zamir and Tadiran
Communications and Systems
general manager Benny Meidan.

Koor, Volvo
In Partnership

Jerusalem (JPFS) - Koor and
Volvo made official their part-
nership in bus manufacturer
Merkavim.
"I think this is a great achieve-
ment," Koor CEO Benny Gaon
said at the signing ceremony in
Tel Aviv. "By signing this deal
- part of Koor's strategy which
we call 'joining the winners' -
we believe we've saved Merkav-
im."
Merkavim will now be a sub-
sidiary plant of Volvo.
The Merkavim plant, located

in Petah Tikva, produces 350 ve-
hicles annually - assembling
vehicles for Volvo, Mercedes,
DAF and MAN. The company
reported $30 million in revenues
in 1994.
Reaching new markets is top
priority said Mr. Gaon, adding
that "we believe Israel is a satu-
rated market and are (first) look-
ing at the regional market."
Merkavim's flagship product
is the Israeli designed, developed
and constructed Meteor tourist
coach.

LEADING ISRAELI STOCKS
TRADED ON U.S. EXCHANGES

Symbol

Name

Eichange

Jan. 6

Jan. 12

Change

SCIXF
ECILF
TEVIY
I EC
ELBTF
ELT
ELRNF
TAD
CMVT
ISL

Scitex
ECI Telecom
Teva Pharm
PEC Israel
Elbtt Computers
Elscint LTD

Elron Electronics
Tadiran
Co mverse
First Israel Fund

NASDAQ
NASDAQ
NASDAQ
NYSE
NASDAQ
NYSE -
NASDAQ
NYSE . •
NASDAQ
NYSE

9 5.00
$23.00
$44.88
'24.00
$16.25
$2.25
'10.63
$24.50
$17.94
9 2.25

'14.00
$20.88
$43.75
$23.50
$16.75
$2.25
$10.38
$25.13
$17.44
$12.55

-$1.00
-52.13
-$1.13
-$0.50
+$0.50
$0.00
-$0.25
+$0.63
-$0.50
+$0.30

Source: Allen °lender, Prudential Securities,
West Bloomfield.

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