Iscar: Is it open for business or closed for its safety?

An unidentified Iscar employee manning the central office earlier in the day told the Post that "the factory is closed. No one is here ... because of the situation."

July 19, 2006 07:45
1 minute read.
iscar logo 88

iscar logo 88. (photo credit: )


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analysis from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief


As evening fell Tuesday, it was still unclear whether Iscar's facility at Tefen in Northern Israel was functioning or not. Iscar CEO Jacob Harpaz told The Jerusalem Post that only the Kiryat Shmona facility was "totally closed" and that "for the most part, everyone is working." "In the important places work continues as usual," he said. Specifically, divisions located in Tefen that are central to the company's international operations - including logistics, storage and product management - were "all working." Production was partially halted, since the plant decided to move up a previously planned yearly vacation, he noted. Since some divisions had already left on vacation several days before, Harpaz said he was unable to estimate what percentage of the workers who were expected to come to work were absent. The factory had been declared to be a vital service several years ago, allowing it to remain open during the crisis, he added. "Some things are necessary," he said. Iscar Chairman Eitan Wertheimer, however, told the Bloomberg wire service that the company had lost about two and a half days of work and may lose another two. Speaking from London, Wertheimer said employees would make up for lost time by working nights and weekends, and indicated that there would be no delay in deliveries. Meanwhile, an unidentified Iscar employee manning the central office earlier in the day told the Post that "the factory is closed. No one is here ... because of the situation."

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

The Teva Pharmaceutical Industries
April 30, 2015
Teva doubles down on Mylan, despite rejection