Английская Википедия:Ashot Ashkelon
Ashot Ashkelon Industries Ltd (Шаблон:TASE) is an Israeli manufacturer of build to print products such as: gears, transmissions and gearboxes to the Aerospace,[1] Military, and Automotive industries. Headquartered in Ashkelon, it has 560 employees.[2]
Ashot was a subsidiary of the Israel Military Industries Ltd. (IMI, also known as IMI Systems and later Elbit Systems Land)[3] and is publicly traded on the Tel Aviv Stock Exchange. Following the purchase of IMI by Elbit Systems in 2018, it was controlled by Elbit Systems Land.
On June 30, 2022, FIMI Opportunity Funds acquired a majority stake in Ashot for $84 million.[4]
History
Ashot Ashkelon was founded in 1951 as Kaiser-Ilin Industries by businessman Efraim Ilin.[5] Initially as a factory for assembling Kaiser-Frazer cars and Mack Trucks under license; Kaiser-Ilin had two production sites, one in Haifa (which opened in 1951) where the vehicle assembly line was based and one in Ashkelon (which was opened in 1960), for manufacturing spare parts for automotive equipment, gears and metal-working machinery.[6]
During the 1960 the company got into financial difficulties and the vehicle assembly line was closed; the Ashkelon plant continue to operate at a loss. In 1967, it was acquired by Israel Military Industries and its name changed to Ashot Ashkelon Industries.
In 1990, Ashot signed a long term supply contract with Boeing to manufacture transmission systems used in the rudder mechanisms of Boeing 747 and Boeing 757 aircraft.[7]
In 1992, the company had an initial public offering on the Tel Aviv Stock Exchange. The same year, the company signed a 20 years frame agreement with the Allison Engine Company, at the time a division of General Motors, to manufacture parts for 20 different engine types. The agreement was estimated to represent a total potential income of $100–140 million.[8]
In 2007, Ashot won a tender to manufacture the Drivetrain and hydro-mechanical suspension enabling cross-country mobility, for both the Merkava Mk. 4[9] tank and the Namer Armoured personnel carrier.[10]
In 2011, Ashot acquired Illinois based Reliance Gear Corporation, a manufacturer of custom and precision gearing that was founded 1965, which today operates as a fully owned subsidiary of Ashot.[11]
Products
Шаблон:Col-begin Шаблон:Col-break
Aerospace
- High Lift Systems
- Landing Gear parts
- Transmissions & Gears
- Universal Joints
- Jet Engine Shafts
- Tungsten Weights
Defense
- Transmissions and Gears
- Final Drives
- Penetrators and Fragmentation Parts
- Suspensions
Automotive
- Power take off units
- Automatic transmissions
- Transmission range shaft
- Clutch independent drives
- Mass transit gearboxes
- Drive axles
- Oil pumps
See also
References
External links
Шаблон:Automotive industry in Israel
- ↑ Hybrid-Electric Propulsion For Rotax Archive
- ↑ Шаблон:Cite web Official About Page
- ↑ Шаблон:Cite web
- ↑ Шаблон:Cite news
- ↑ Kaiser-frazer Company Announces Establishment of Automobile-assembly Plant in Haifa, March 8, 1950
- ↑ American Kaiser Company Plans Three New Factories in Israel, September 26, 1958
- ↑ Ashot gets $48 M Boeing orders, Israel Business Today, May 29, 1992
- ↑ Ashot frames GM. (Ashot Ashkelon Industries' aircraft engine contract with General Motors Corp. Allison Transmission Div.) Israel Business Today, 14 August1992
- ↑ International debut for Israel's Newest Merkava Mk4, Defense Update, Oct 2010
- ↑ Enter the Namer - An update on the Merkava based Infantry Fighting Vehicle, Defense Update, Oct 2010
- ↑ Ashot Ashkelon: Defense industry success story The defense contractor's revenue has risen from NIS 17 million to NIS 230 million within seven years Шаблон:Webarchive, Yuval Azulai, Globes 28/03/2013
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