American products. From the eco- nomic point of view it is very obvious that it is useful because it is one-sided. There is no price for that. But there are a lot of people who are against normalization with Israel. They are against partnership with Israeli enter- prises, but they are a minority" The factories in the Irbid zone pro- vide hundreds of jobs in an area par- ticularly hard-hit by unemployment. Workers come from some 50 vil- lages and refugee camps in the area. Century alone employs 650 workers, most of whom are women who work in all facets of the industry, including management and quality control. There are no men employed as seam- sters. "We want to give the families who send their girls to work here a feeling of assurance. So it is important that men and women not work together," explains general manager Nadim As'ad. The employees receive medical insurance, are transported to and from work, eat in the factory dining room and go on company outings. In Japanese fashion, they attend monthly morale-boosting meetings at which problems are discussed and the employees are encouraged to offer sug- gestions. The average wage is around $150 a month. The underwear produced in Irbid travels an intricate path before it gets to American shops: Delta buys cotton in Egypt, spins it in Turkey and mixes and dyes the fabric in Israel. Then it is cut and sewn in Jordan and the prod- ucts are shipped to the port in Haifa. All this is cost effective because of cheap labor costs in Jordan - consider that Israeli factory workers earn $1,000 a month to the Jordanians' $150. And Jordan's gain is Israel's loss. The Israeli textile industry is in deep trou- ble, and resentment is high over the move of jobs to Jordan. But Delta Galil CEO Dov Lautman, the first Israeli to relocate his operations to Jordan, insists the move has saved jobs. Lautman contends that textile corn- panies that did not follow Delta's example have gone bankrupt, citing Sabrina as.an example. In March, Kitan announced it was laying off additional workers from its subsidiary Tango plant in Nazareth. The transfer of production to Jordan is now being considered. Dov Lautman claims that he has saved Israeli jobs by lowering the price of the end products, making them more competitive and thus keeping the company in business. CI Finally, A Bank That Actually Wants To Work Hard For You. Scott I Seligman, Chairman and Stephen H. Adams, Banking & Commercial Lending Officer A, Most people know that Sterling Bank & Trust has a history of paying consistently competitive interest rates. But do you also know that Sterling is a full-service bank, and can help you with your Annual percentage yield accurate as of 2/2/98 and subject to change without notice. $2,500 minimum balance required on money market accounts. Statement fees may reduce earnings if minimum balance is not maintained. ©1998 Sterling Bank & Trust, F.S.B. MONEY MARKET 4.60% A.P.Y. business banking needs, and help you plan your SLerling® financial future? These days, you need more than a different bank &trust bank. You need a smarter bank. And we're here We Create Solutions- and ready to help! Owned and operated by the Seligman Family Commerce Twp. (248) 669-3993 • Farmington Hills (248) 489-9580 Southfield (248) 948-8799 • Troy (248) 649-3883 • West Bloomfield (248) 855-6644 15 branch locations throughout metropolitan Detroit FDIC INSURED, Visit us on the web at vvvvw.sterlingbank.com •111417M • .0:43t.'-oz Piemy. Botause now:for the price of a postage stamp you-can.get sonic Of the best CI) rates around.. it's the Miehigan IleriLage Bank CD by Mall. dust call rot' an application and drop it in the mail with a cheek. Simple. It could he the best 32 cents you'll ever invest. 3.70% 3.90% S,00% ass c z' c[rililii Minimum $5,000 *Unlimited Checking! The Michigan Heritage Bank CD Stop in or call for an application toda). 1-800-914-3524 21211 Ilaggert Road at 8 Mile. Next to the Noli Ilillon. 111-Pir Ki LIS AAA _ M I C II IGAN u da„,,z 'FACE Nlail Cr FDIC (ENDER Insured 99 Annual Percentage Yield is ellecti‘e as of August 21, 1998. Penalty for earl withdrawal. Rosiness or brokered accounts nut eligible. Detroit Jewish News 8/21 1998 137