▪ 12 MONTH CERTIFICATE \-2 11:45-1:30 p.m. Wednesday, the largest producers of glass March 19, at the Fairlane Club, bottles and jars in the United Dearborn. The fee includes net- States. working, lunch and presentation According to the CPI-Phoeni- on 'The Russian Market Today." cia agreement, CPI will provide Call (313) 479-2345. Phoenicia with know-how and technology intended to increase The automobile forfeiture the company's range of products law will be discussed in a sem- and market share. inar hostd by the Criminal Law Committee of the Oakland County Bar Association, 4-6 p.m. Wednesday, April 9, at the Oak- land Bar Center, 1760 S. Tele- graph, Bloomfield Hills. To Jerusalem (JPFS) — Motorola register, call (810) 334-3400. Semiconductor Israel Ltd., a sub- An executive forum to help em- sidiary of Motorola Israel, is ployees balance work and seeking investments for a new family life will be held 7:30 development center. The center, a.m.-12:30 p.m. Wednesday, which will function as an exten- April 9, at the Dearborn Inn. The sion of the company's .Herzliya fee includes breakfast, materi- plant, will be located in Israel's als and parking. To register, call south and is expected to begin operating in six months. (810) 647-4016. Motorola expects to invest $9 million in the new plant over the next three years and has applied for governmental financing. The Treasury has not yet responded to the company's request. Jerusalem (JPFS) — Senior Motorola Semiconductor gen- Samsung Electronics Co. officials eral manager Israel Kashat said, will visit Israel to investigate "We evaluated that in the south possible investment opportuni- of Israel there is a growing reser- ties and cooperation possibilities, voir of qualified engineers, and an Israel Industry and Trade we hope to recruit dozens of en- Ministry spokesman said. gineers in the first year." Samsung Electronics is look- ing to open an office in Israel and establish a research and devel- opment center. The company is interested in building links in the fields of communications, computer soft- Jerusalem (JPFS) — Sol-Melia, ware and hardware and semi- the Spanish-owned tourism con- conductors. The companies lined glomerate, intends to become up for cooperation with Samsung involved in 10-15 hotels and include Telrad, Rad, Tadiran holiday villages in Israel, a Communications, Chip Express spokesman for the company said. and many start-up firms. Gabriel Escarer, the president of the Spanish company, is ex- pected to sign an agreement with the Kfir construction company to manage the Nof Orna Hotel in Bat-Yam. Jerusalem (JPFS) — The Cana- In a related development, Is- dian-based Consumer Packag- rael Tourism Minister Moshe ing Inc. and Phoenicia Glass Katsav met with representative Works, a wholly-owned sub- of Tauck Tours, an upmarket sidiary of Koor Industries, are U.S. tour organizer which had considering a joint investment decided to include Israel among in Turkish glass container man- its destinations. The company, ufacturer Sisecam, CPI general which formerly only had tours in council Gary Walters said. North America, began to send CPI completed the transaction clients abroad in 1991. Last year, to purchase 25 percent of Phoeni- about 100,000 participated in its cia for $4.35 million. Under the overseas tours. agreement, CPI has received 17.5 percent of the local glass manufacturer's shares. The re- maining 7.6 percent of Phoeni- cia's stock will be transferred in four months. . The normal deadline for local The agreement marks CPI's first investment in the Middle news and publicity items is East. CPI is the third-largest noon Thursday, eight days pri- glass firm in the world, with an- or to issue date. The deadline nual sales of $1.2 billion. for out-of-town obituaries is 10 The company, in partnership a.m. Tuesday, three days prior with Owens-Brockway Glass to issue date. Container, recently signed an agreement to buy Anchor, one of 5.75% INTEREST RATE 5270 A.P.Y./* Motorola Seeks Israeli Center 60 MONTH CERTIFICATE &MP INTEREST RATE • 1 3% Samsung Mulls Israel Investments Spanish Invest In Israeli Hotels Glass Deal In Turkey • • Publicity Deadlines These are fixed rate certificates of deposit that are insured by Federal Deposit Insurance Corporation (FDIC). A minimum opening deposit and balance of $500.00 is required to obtain the stated Annual Percentage Yield. 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