After more than 50 years, US engine-maker Pratt & Whitney is shutting down Israel factory (opens original article in a new tab)
US aerospace company Pratt & Whitney is closing its Israel factory after 50 years, resulting in 600 job losses as production shifts to the US, with industry leaders warning of broader economic challenges.
- US jet engine-maker Pratt & Whitney shutting down Israel's Nahariya plant after 50 years, leading to 600 job losses
- Nahariya plant closure due to significant losses, with production moved to US, while Tefen plant retains some workers
- Israel Manufacturers' Association criticizes government for not supporting industry with high costs and regulations
- Factory closure seen as warning for regional economic neglect and potential future business exits
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