September 17, 2014 10:51 AM ET

Containers and Packaging

Company Overview of Carmel Container Systems Ltd.

Company Overview

Carmel Container Systems Ltd. designs, manufactures, and sells paper-based packaging solutions for the agricultural, food and beverage, and industrial sectors in Israel and internationally. The company’s products include corrugated paperboard shipping containers, triple-wall containers for sea/air shipments and for packaging sensitive instruments, shipping pallets, folding cartons, laminated e-flute consumer packaging products, corrugated sheets, display stands, digitally printed POS materials, wooden pallets, and paperboard consumer packaging products. Its products are used in the packaging, transportation, and marketing of various types of industrial goods and agricultural produce. The com...

2 Halamish Street

Caesarea Industrial Park

Caesarea,  38900

Israel

Founded in 1983

Phone:

972 4 623 9350

Fax:

972 4 623 9370

Key Executives for Carmel Container Systems Ltd.

Chief Financial Officer
General Manager and Chief Executive Officer - Packaging Paper and Machinery division
Age: 64
Secretary
Age: 70
Internal Auditor
Age: 63
General Manager of Tri-Wall Ltd
Compensation as of Fiscal Year 2014.

Carmel Container Systems Ltd. Key Developments

Carmel Container Systems Ltd. Announces the Closure of the Factory in Karmiel, to Dismiss 40 Employees

Carmel Container Systems Ltd. announced the closure of the factory in Karmiel, and the transfer of its activity to Caesarea, Carmel Containers' main base. The company produces and sells packaging and cardboard products, mainly for customers in industry and agriculture. 49 people are employed at the Karmiel factory. 40 of the will be dismissed, with enhanced severance pay. The cost of dismissing the employees will be ILS 5.5 million, and Hadera Paper estimates that it will incur additional one-time expenses of up to ILS 1 million as a result of the move.

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