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Article: New Elite/Ruffles snack factory. (Elite Israel Chocolate and Sweets Manufacturing Company Ltd. opens Ruffles snack food factory, Sderot, Negev Desert)
- Article from:
- Israel Business Today
- Article date:
- September 25, 1992
CopyrightCOPYRIGHT 1992 Israel Business Today. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The Israeli food manufacturing giant Elite Industries Ltd has opened a new factory in the northern Negev town of Sderot to produce salted snacks, including the Pepsico line of Ruffles. The factory was built in just five months with a $15 million investment. It is fully automated and employs 70 workers. "Elite snacks have captured 15 percent of the salted snack market just one year after commencement of operations in the Israeli market," Elite President Nathan Nissani said at the dedication ceremony. The Israeli snack market is estimated at $70 million and Itzhak Reichman, president of Elite snack food subsidiary Elite Mazon Ltd, said that the Israeli snack market is ...