| SECTOR | IMPORTS | 5Y/YR | RANK | EXPORTS | 5Y/YR | RANK |
|---|---|---|---|---|---|---|
| Industrial Machinery | $2.01B | +2.7% | 42 | $1.29B | -1.8% | 36 |
| Automation and Robotics | $916.2M | +7.3% | 39 | $2.74B | +7.8% | 21 |
| Pumps and Valves | $844.4M | +2.9% | 51 | $538.7M | +5.5% | 40 |
| Material Handling | $632.6M | +0.0% | 40 | $32.4M | -0.6% | 59 |
| Food Processing Equipment | $310.2M | +5.8% | 43 | $256.0M | -7.9% | 26 |
| Steel and Metal Products | $6.21B | +4.9% | 45 | $2.29B | +1.9% | 62 |
| Specialty Chemicals | $1.80B | +0.7% | 50 | $1.53B | -4.9% | 36 |
| Plastics and Polymers | $3.24B | +2.8% | 44 | $2.78B | -1.6% | 36 |
| Packaging | $692.3M | +3.4% | 43 | $378.1M | -6.7% | 50 |
| Industrial Textiles | $276.6M | +7.1% | 50 | $404.6M | -2.9% | 28 |
| Electrical Equipment | $3.01B | +10.0% | 43 | $1.01B | +5.3% | 53 |
| Semiconductors and Industrial Electronics | $2.78B | +9.4% | 30 | $13.9B | +31.9% | 14 |
| Automotive Components | $930.8M | +5.4% | 59 | $248.0M | -3.8% | 58 |
| Aerospace Components | $1.55B | -5.6% | 32 | $1.73B | +6.3% | 22 |
| Medical Devices | $1.77B | +7.6% | 34 | $3.94B | +5.4% | 18 |
| Construction Materials | $1.44B | +2.3% | 26 | $143.2M | -25.4% | 78 |
| HVAC and Industrial Refrigeration | $1.04B | +6.7% | 39 | $174.8M | +0.7% | 47 |
| Power Generation Equipment | $477.5M | +11.3% | 44 | $301.0M | -4.3% | 29 |
| Water Treatment Equipment | $242.6M | +5.4% | 40 | $316.8M | +6.3% | 25 |
| Mining Equipment | $393.1M | -5.2% | 66 | $20.2M | -10.4% | 84 |
World Bank, World Development Indicators (CC BY 4.0)
ANDRITZ received an order from Infinya Containerboard for a complete OCC line with reject treatment system at its recycled paper mill in Hadera, Israel. The line will have a capacity of 1,080 bdmt per day, with start-up planned for Q3 2024.
Plastopil's wholly owned subsidiary completed the purchase of Polishak, a MOPE film maker for flexible packaging based at Nir Yitzhak, for about NIS 22 million plus about NIS 9 million of acquired inventory. Polishak exports about 98% of output mainly to Europe and the US.
ITT Inc bought Habonim, a valve manufacturer based in Kfar HaNassi, Israel, in an all-cash deal valued at US$140 million. Habonim becomes part of ITT's Industrial Process segment.
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.
Israeli kibbutz-based valve makers Dorot Command & Control and ARI Fluid Transmission completed a merger estimated at $100 million. MAT Holding will hold 51% of the merged company and Kfar Haruv 49%.
PepsiCo plans to invest NIS 320 million to expand SodaStream's plant in the Idan Hanegev Industrial Park near Rahat, adding 1,000 jobs to the existing 1,500 staff, and is seeking a NIS 80 million government grant.
Tene Investment Funds is reportedly acquiring a 74% stake in Habonim Industrial Valves & Actuators for NIS 100 million (about $28.3 million), based on a company valuation of NIS 130 million. The deal is reportedly nearing closure, according to an anonymous source.
GE Power signed a contract with Israel Electric Corporation to modernise the coal-fired Orot Rabin plant into a gas plant using HA gas turbines, with a 15-year services agreement and steam turbine, generator and HRSG supply. The plant will generate more than 630MW.
TAT Technologies signed a five-year agreement to supply heat exchangers to an unnamed leading European aerospace system manufacturer, with expected revenue of US$20 million over 2019-2023. TAT will be the exclusive heat exchanger provider for these products.
Mueller Water Products signed a definitive agreement to acquire Krausz Industries, an Israeli maker of pipe couplings, grips and clamps, for $140 million in cash. The deal is expected to close in December 2018.
Carmel Frenkel, a subsidiary of Hadera Paper, is installing a complete EFI corrugated production system including a Nozomi C18000 inkjet press, Fiery NZ-1000 digital front end and workflow software. Installation at its Caesarea site is scheduled for the fourth quarter of 2018.
Carmel Frenkel, a subsidiary of Hadera Paper, bought an EFI Nozomi C18000 ultra-high-speed inkjet corrugated press and a complete EFI workflow ecosystem from Electronics for Imaging. Installation at its Caesarea site is scheduled for the fourth quarter of 2018.
SAMSON Aktiengesellschaft acquired Israeli start-up Visual Process Ltd, adding the predictive monitoring tool SAM GUARD to its SAM DIGITAL portfolio; the transaction value is confidential.
CCL Industries agreed to acquire Israel-based label and marking systems producer Nortec International for $9 million in cash and assumed debt, to be rebranded CCL Design Israel.
Energean Oil & Gas awarded TechnipFMC an integrated EPCI contract covering the subsea system, FPSO and pipelines for the Karish gas field in the Mediterranean, in water 1,750 m deep. The contract value was not disclosed.
Noble Energy hired Schlumberger to engineer and supply a 2,000-ton single-lift process module for the Leviathan platform offshore Israel. The scope covers MEG pretreatment, salt removal and regeneration for subsea hydrate inhibition.
PAZ Ashdod Refinery awarded Burckhardt Compression a revamp of its hydrogen process gas compressors to meet stricter Israeli HSE rules. The project was concluded in 2017 with the compressors running successfully.
HP Indigo, the Israeli digital printing unit of HP, has won an expanded order from Shutterfly worth up to $650 million over five years. Shutterfly will buy 20 more HP Indigo 12000 presses, for a total of 45, for delivery within a year, and names HP Indigo its preferred digital press provider.
Mexichem agreed to buy 80% of drip irrigation maker Netafim for $1.5 billion, valuing the company at $1.9 billion, with Permira selling its 61.3% stake and Kibbutz Hatzerim and Kibbutz Magal also selling shares.
Schlumberger was awarded a contract by Noble Energy to supply a measurement and control system, including valves and custody transfer meters, for the Leviathan project offshore Israel. The first phase of the development is expected to cost about $3.75 billion.
MAT Holding will invest 3 million euros in its Israeli subsidiary Dorot to raise production capacity by 30%, modernising the plant, expanding finished-goods storage by over 50% and upgrading the test bench.
Elmo tripled the production capacity of its Israeli facility during 2015 and 2016 as demand for its servo drives grew.