The triplex glass protects against bullets and shock waves, as well as hindering break-ins.
The new factory is expected to achieve NIS 100 million in sales a year, 90% of which will be exported, and increase Phoenicia America-Israel's workforce of 280 by ten. The Investment Promotion Center made the factory eligible for grants under the development area A track.
The factory will begin partly operating next month and will launch full operations in October. Phoenicia America-Israel president Oded Tyrah said demand for triplex glass was growing, which was why the company decided to expand its previously small-scale production.
Phoenicia America-Israel's sales for all glass products rose by a record 20% in January-April 2004, thanks to the increased production of its glass-smelting kiln. The company expects sales to reach NIS 400 million this year, of which 82% will be exported.
At the same time, Phoenicia America-Israel's exports of laminated glass rose by 40% to NIS 100 million. Tyrah said laminated glass would be exported to Kenya and Tanzania, where the company recently opened commercial relations, as well as other countries.
Phoenicia America-Israel is completing NIS 12 million in laminated glass deliveries to the Ben Gurion Airport 2000 project.