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Results for "Manufacturing"

American Defense Startup Co-Founded By Israeli Iron Dome Engineer Plans To Open Factory Producing 2,000 Long-Range Missiles Annually In Israel
Israel

American Defense Startup Co-Founded By Israeli Iron Dome Engineer Plans To Open Factory Producing 2,000 Long-Range Missiles Annually In Israel

American defense startup Covenant is preparing to open a missile factory in northern Israel capable of producing approximately 2,000 long-range missiles every year.

By Sarah Rosen

Israeli Group Reaches Deal To Buy Volkswagen Factory In Germany, To Build Military Iron Dome Equipment And Save 1,400 German Jobs
Israel

Israeli Group Reaches Deal To Buy Volkswagen Factory In Germany, To Build Military Iron Dome Equipment And Save 1,400 German Jobs

Israeli investment group Aurelius Capital has reached a preliminary deal to buy Volkswagen’s factory in Osnabrück, Germany, together with the state of Lower Saxony. The plant will stop making cars in 2027 and become a center for military and air defense production.

By Sarah Rosen

Jewish CEO David Solomon’s Goldman Sachs Sells EPC Power, Which Builds AI Data Center Power Systems Used Across 62 Countries, For $4.4 Billion
Business

Jewish CEO David Solomon’s Goldman Sachs Sells EPC Power, Which Builds AI Data Center Power Systems Used Across 62 Countries, For $4.4 Billion

Jewish CEO David Solomon’s Goldman Sachs and Cleanhill Partners agreed to sell EPC Power to global manufacturing giant Flex for $4.4 billion. Goldman and Cleanhill bought control of the company in 2022 and are now selling it four years later.

By Levy Mayer