Phoenicia dedicates glass factory for solar power plants
Phoenicia America-Israel (Flat Glass) Ltd. will dedicate a new glass factory for solar power panels in the next few days. The company invested $60 million in the new factory in Nazareth Illit's Tziporit Industrial Zone. Most of the production of the glass panels will be for export. According to company president Oded Tyra, when the new plant is operating at full capacity it will generate $120 million in annual revenue.