Kiryat Malachi building hit by rocket 390.
(photo credit: Ben Hartman)
The Manufacturers Association of Israel on Monday estimated that damage to
enterprises in the South since the start of Operation Pillar of Defense at NIS
120 million. The estimate covers 430 enterprises located within 40 kilometers of
the border with the Gaza Strip.
The Manufacturers Association found that
80 percent of employees at these enterprises have turned up for work, but some
firms have been affected by the call up of IDF reservists, and many workers are
not coming in for night shifts.
“The cumulative effect to industrial
activity in the South is growing daily,” Manufacturers Association president
Amir Hayek said. “Manufacturers are trying to continue business as usual despite
the difficult conditions, but many manufacturers, especially those close to the
Gaza border, have had to close their gates because of the
Plastics components manufacturer Kafrit Industries Ltd.,
located in Kfar Aza, was hit twice within a day by rockets fired from Gaza. On
Monday, the company notified the TASE that its production lines were severely
damaged, forcing them to be shut down. The company has 150 employees at Kfar
Aza. It also has three plants in Canada, China and Germany. Its exports from
Israel total NIS 700 million a year.
BDO Ziv Haft, an Israeli accounting
and consulting firm, estimates that the conflict will cost kibbutz industries
15% of their revenue because of reduced operations at plants in the South and
the possible cancellation of export orders.