oftatio,
We'd like to give you a great reason
to switch to Sterling Bank & Trust. It's
called exceptional service.
At Sterling, we've
Mone Market
gown over theyears
because we're family
owned and run.
We treat our customers the way we'd
like to be treated like family.
We've become known for consistently
Business
isv. •
Universal Motors Israel Ltd. (UMI),
headed by Avihu Ben-Nun.
Ben-Nun headed a delegation of
Israeli automotive industry executives
and scientists who attended the
Society of Automotive Engineers con-
vention in Detroit in February. In
addition, numerous high-ranking GM
executives have visited Israel in recent
years to explore further joint ventures
and R&D possibilities.
But individual investors such as Joel
Tauber have not been far behind the
corporate giants. Tauber, who is a
leader in the plastics industry, was one
of the first Michigan businessmen to
invest in a manufacturing plant locat-
ed in an Israeli kibbutz. More recently,
he has been involved in an advisory
capacity assisting start-up companies
with venture capital funds, while con-
tinuing to maintain an interest in a
manufacturing entity.
paying high interest rates on savings be-
cause that's important to you.
So we've made it important to us.
Please stop in at one of our offices
and let-us show you how we can be of
real help with personal and corporate
banking, investment and personal
trust services, corporate and pension
fund management, and of course,
commercial lending.
American
investors are
exploring Israeli
partnerships.
Annual percentage* effective as of 2102/98 and subject to change Othout notice. X2,500 minimum balance required on
money market accounts. Statement fees may reduce earnings if mnimum balance not maintained. ©1998 Sterling Bank & Trust, F.S.B.
One of the most visible Michigan-
Israeli endeavors has been Partnership
2000, which focuses upon develop-
ment of companies in the Galilee
region. The Jewish Federation of
Metropolitan Detroit has been at the
forefront of this project, working
closely with, among others, the
University of Michigan Business
School.
According to the Federation's
Executive Vice-President Robert
Aronson, the program received a
major boost from Michigan Gov. John
Engler's establishment of a trade agree-- (--\
ment with that region.
Aronson also praises the Michigan
Jobs Commission for creating more
awareness of the opportunities which
are now available under the trade
agreement.
One tangible result of the GM-
UMI agreement has been the estab-
lishment of a program at Wayne State c .." \
University to bring an Israeli profes-
sional engineer to Detroit for\ training
under the school's continuing educa-
tion program, said Aronson.
Aronson said the General Motors
Foundation is among four contribu-
tors who have pledged funding for the
program. ❑
Berkley (248) 546-2590 • Birmingham (248) 646-8787
Clawson (248) 435-2840 • Commerce Twp. (248) 669-3993
Farmington Hills (248) 489-9580 • Rochester (248) 656-5760
Southfield (248) 948-8799 • Troy (248) 649-3883
West Bloomfield • (248) 855-6644
FDIC
Visit our website
nk cvm
Owned and operated by the Seligman Family.
Ju st how mu
•
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5/1
1998
172
1-800-914-3524
21211 Haggerty Road at 8 Mile.
Next to the Novi Hillon.
TRW
6113:11
MICHIGAN HERITAGE
cr4th
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Annual I'rrcrnla ~ r lirld is rllrrli ~ r as of vet ,. 22 . 1998
93
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