News

Ormat doubling production capacity at plant in Israel

Alexander Richter 28 Sep 2009

Ormat Technology invests $10 million in plant in Israel to double its production capacity.

Reported locally, “Ormat Technologies, Inc. today inaugurated a new wing at its manufacturing plant in Yavne, Israel.

Ormat invested $10 million in the new area, which covers 7,200 square meters and will enable the company to double its production capacity, according to a report in Globes. Ormat has hired 140 new employees for the expanded factory, increasing its workforce by 30%.

Guests at the inauguration ceremony included Minister of National Infrastructures Uzi Landau, high-tech entrepreneur Yossi Vardi, who is a close friend of Ormat Group controlling shareholders Yehudit and Yehuda Bronicki, and Dov Lautmann, former Chairman of Delta Galil Industries.”

Source: Cleantech Israel