web analytics
August 23, 2014 / 27 Av, 5774
Israel at War: Operation Protective Edge
 
 
At a Glance
News & Views
Sponsored Post
Jerusalem Mayor Nir Barkat (L) visits the JewishPress.com booth at The Event. And the Winners of the JewishPress.com Raffle Are…

Congratulations to all the winners of the JewishPress.com raffle at The Event



Buffett Buys Up Israeli Military-Aerospace Supplier

Warren Buffett has lived up to his love for Israel’s companies and his Berkshire Hathaway company has announced the acquisition of Lod-based Ray-Q Interconnect for an undisclosed sum of money.

Ray-Q provides electrical interconnect solutions to military, aerospace and other industries. Financial details of the deal were not disclosed.

Buffett made a splash in the United States and Israel 2008 with the $4 billion purchase of most of the  Isracar a precision tool-making company and said at the time he likes Israeli companies. It completed the purchase this year with another $2 billion payment.

Berkshire Hathaway’s ITT subsidiary announced on Friday it is buying Ray-Q, a subsidiary of Raychem. It provides high quality electrical interconnect solutions to military, aerospace and other high-reliability product industries, especially those in Israel, Turkey, Eastern Europe and India.

Yigal Funt, Ray-Q Chief Executive Officer since 1976, will continue to direct the company, which employs approximately 70 people.

About the Author: JewishPress.com brings you the latest in Jewish news from around the world. Stay up to date by following up on Facebook and Twitter. Do you have something noteworthy to report? Submit your news story to us here.


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

One Response to “Buffett Buys Up Israeli Military-Aerospace Supplier”

  1. Yechiel Baum says:

    how to ensure it will not be used and sold to arab customers?

Comments are closed.

SocialTwist Tell-a-Friend

Current Top Story
4 yr old Israeli Daniel Tregerman, murdered by Hamas rocket on Aug. 22, 2014.
IDF: Israeli Toddler Murdered by Rocket Fired Near UNRWA School/Shelter
Latest News Stories
4 yr old Israeli Daniel Tregerman, murdered by Hamas rocket on Aug. 22, 2014.

Hamas murdered a 4 yr old Israeli boy with a rocket launched next to an UNRWA school/shelter for Gazan refugees.

Photo: Rotter.net / Tikonist

5:33pm Shabbat Shalom from Israel. It should be a peaceful Shabbat. 5:28pm Kerem Shalom 5:26 pm Kerem Shalom 5:22pm Nachal Oz 5:13pm Erez, Miflasim 5:13pm Gaza perimeter/Sderot, Erez, Miflasim 5:13pm Gaza perimeter/Sderot 5:02pm Erez, Miflasim 5:02pm Gaza perimeter/Sderot, Erez, Miflasim 5:02pm Gaza perimeter/Sderot 4:04 pm Sdot Negev, Shaar Negev 4:00 pm Sdot Negev, Shaar Negev […]

Living in Israel is an open ticket against intermarriage. Above: MK Tzipi Hotovely and Or Alon at their wedding last year.

If you are worried about your child marrying a non-Jew, and you should be, then move to Israel.

It is believed that this is a photo from the Friday afternoon execution outside a Gazan mosque.

Hamas publicly executed 21 people they accused of collaborating with Israel. Unlike ISIS, they didn’t behead them.

One woman fighter is enough to scare away 72 virgins.

Israel remains a lone outpost for those who know that talking to liars is not a diplomatic solution.

Obama, who is sure the “peace process” will make Hamas safe for democracy, now has crowned himself an expert on radical Islam.

There were soldiers inside the attacked Hebron building, but they managed to get out in time.

On Thursday, the Israel Air Force hit a motorcycle transporting 2 terrorists in Rafah.

Temple University’s SJP claims the pro-Israel Jewish student harassed and provoked them into assaulting him.

The White House has unblocked the weapons shipment to Israel that they had recently blocked.

10:58pm Negev 10:32 pm Eshkol 9:38 pm Ashdod, Ashkelon, Ashkelon Coast 8:47 pm Modiin-Maccabim-Reut, and area. Iron Dome Interception. 8:46 pm Beit El 20:00 pm  Iron Dome downs two rockets over Be’er Sheva; three others explode in open areas. 19:42 pm     Two warnings of rockets in Be’er Sheva, warnings of rockets Hatzerim , site […]

The IDF readies what it does not want unless there is no alternative – a deep ground invasion of Gaza. Hamas also is ready.

If “the only thing we have to fear is fear itself,” Diaspora Jews are in big trouble.

The security cabinet authorised Thursday the emergency call-up of 10,000 IDF reservists. Defense Minister Moshe Ya’alon said Israel would continue to pursue Hamas leaders anywhere and at any time, and added that the current campaign would “take time.” Ya’alon called on the Israeli public to display patience and strength while the army deals with the […]

More Articles from Jewish Press News Briefs
Photo: Rotter.net / Tikonist

5:33pm Shabbat Shalom from Israel. It should be a peaceful Shabbat. 5:28pm Kerem Shalom 5:26 pm Kerem Shalom 5:22pm Nachal Oz 5:13pm Erez, Miflasim 5:13pm Gaza perimeter/Sderot, Erez, Miflasim 5:13pm Gaza perimeter/Sderot 5:02pm Erez, Miflasim 5:02pm Gaza perimeter/Sderot, Erez, Miflasim 5:02pm Gaza perimeter/Sderot 4:04 pm Sdot Negev, Shaar Negev 4:00 pm Sdot Negev, Shaar Negev […]

On Thursday, the Israel Air Force hit a motorcycle transporting 2 terrorists in Rafah.

The White House has unblocked the weapons shipment to Israel that they had recently blocked.

10:58pm Negev 10:32 pm Eshkol 9:38 pm Ashdod, Ashkelon, Ashkelon Coast 8:47 pm Modiin-Maccabim-Reut, and area. Iron Dome Interception. 8:46 pm Beit El 20:00 pm  Iron Dome downs two rockets over Be’er Sheva; three others explode in open areas. 19:42 pm     Two warnings of rockets in Be’er Sheva, warnings of rockets Hatzerim , site […]

The security cabinet authorised Thursday the emergency call-up of 10,000 IDF reservists. Defense Minister Moshe Ya’alon said Israel would continue to pursue Hamas leaders anywhere and at any time, and added that the current campaign would “take time.” Ya’alon called on the Israeli public to display patience and strength while the army deals with the […]

Rabbi Yehuda Glick, a licensed tour guide and head of Haliba mvt for Jewish rights, has ‘sparked unrest’ by praying.

PA Arabs stoned an Egged bus near Halhoul, north of Hebron Wednesday. The attack took place near the site where the bodies of Eyal Yifrah, Gil-Ad Sha’ar and Naftali Fraenkel were discovered on June 30. No injuries or property damage were reported.

Three more terrorists killed in IAF air strike on Sheikh Radwan section of Gaza City Thursday.

    Latest Poll

    Do you think the FAA ban on US flights to Israel is political?






    View Results

    Loading ... Loading ...

Printed from: http://www.jewishpress.com/news/breaking-news/buffett-buys-up-israeli-military-aerospace-supplier/2013/10/06/

Scan this QR code to visit this page online: