Carmel Industries (I.L.)

Full Text

כרמל תעשיות (אי.אל) בע"מ

A private Israeli company that manufactures and markets carpets for domestic and international export. Part of the Carmel Group.

The company's main factory is located in the Shahak Industrial Zone, part of the settlement of Shaked in the northern part of the occupied West Bank. Carmel Floor Design Ltd., a carpet manufacturer active under the Carmel Group brand, operates a factory in the Barkan I.Z.

In 2016, Carmel Industries received a governmental grant of NIS 8,950,000 from the Israeli Ministry of Economy for expanding its synthetic grass and carpets manufacturing factories in the Barkan and Shahak industrial zones. The grant was given in accordance with the Law for the Incentivizing of Capital Investment 1959.