Bosch and Electra to build HVAC plant in Ashkelon, Israel

Bosch and Electra Consumer Products plan to set up an HVAC manufacturing facility and technology park in Ashkelon, Israel, investing NIS 100 million (about $29.6 million). The plant is due to open in early 2022 and employ 300 people.

“The companies will invest a total sum of NIS 100 million (approximately $29.6 million) in the new facility.”calcalistech.com

• 1 source
• calcalistech.comBosch, Electra to set up HVAC manufacturing facility in Israel - CTechSep 7, 2020

Summarized from public sources; check the original articles before acting on it.