Word: karmons
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Dates: during 1972-1972
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...either catering to tourists or running factories. Kibbutz hotels and restaurants in 1971 brought in only $5,000,000. But revenues from the kibbutz factories were $300 million, roughly 7% of Israel's total industrial production. At a symposium for factory managers last month, Winnipeg-born Dan Karmon, of the 212-member Kibbutz Industries Association, boasted that in the next five years revenues would more than double to $700 million. Already the kibbutz factories account for 35% of Israel's total plastics production, and in the past four years output has risen 30% annually. Factories that manufacture electronic...
...kibbutz farm revenues, but when these funds are insufficient, development loans are available from the government or the workers' banks of the Israel Federation of Labor. Each kibbutz can decide what kind of factory it wants to build, but to eliminate duplicate projects their plans are reviewed by Karmon's association...
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