Difference between revisions of "PEC Israel Economic Corporation - excerpt from Lee O'Brien, American Jewish Organizations and Israel, 1986"
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*Address: 511 Fifth Avenue, New York, NY 10017 | *Address: 511 Fifth Avenue, New York, NY 10017 | ||
| − | PEC was established as the [[Palestine Economic Corporation]] by American Jewish leaders ‘to foster economic development and advancement in Israel.’ It is a profit-generating investment company. Over the five-year period from 1978 to 1982, the company's net income increased from $3.8 million to $14.4 million. PEC's holdings are in finance and banking, manufacturing, high technology, construction and development, and shipping and marketing enterprises. <ref> PEC Israel Economic Corporation, | + | PEC was established as the [[Palestine Economic Corporation]] by American Jewish leaders ‘to foster economic development and advancement in Israel.’ It is a profit-generating investment company. Over the five-year period from 1978 to 1982, the company's net income increased from $3.8 million to $14.4 million. PEC's holdings are in finance and banking, manufacturing, high technology, construction and development, and shipping and marketing enterprises. <ref> PEC, ''Israel Economic Corporation'', Annual Report, 1982. NIF </ref> |
==Notes== | ==Notes== | ||
Latest revision as of 16:30, 25 September 2014
This page is an extract, reproduced with permission, from Lee O'Brien, American Jewish Organizations and Israel, Washington DC: Institute for Palestine Studies, 1986. [1]
- Year established: 1926
- President: Joseph Ciechanover
- Chairman of the Board: Raphael Recanati
- Address: 511 Fifth Avenue, New York, NY 10017
PEC was established as the Palestine Economic Corporation by American Jewish leaders ‘to foster economic development and advancement in Israel.’ It is a profit-generating investment company. Over the five-year period from 1978 to 1982, the company's net income increased from $3.8 million to $14.4 million. PEC's holdings are in finance and banking, manufacturing, high technology, construction and development, and shipping and marketing enterprises. [2]
