'Northern factories better than pre-war'

More than half of businesses in the North reported to be better off than before the war, the Manufacturers Association of Israel said Sunday.

By AVI KRAWITZ
February 26, 2007 08:19

More than half of businesses in the North reported to be better off than before the war, the Manufacturers Association of Israel said Sunday. Having been hard-hit by the month-long war, which closed many businesses for the period, 54 percent said they were in a "better position," 48% said their sales were greater than the pre-war period while two-thirds reported a rise in exports The survey of 80 factories in the North showed that 91% of those interviewed were operating again at full capacity and 84% said they were planning to hire workers this year. The factories attributed part of their success to the development and expansion of the Haifa Port, the IMA said.


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