SodaStream Closing West Bank Factory Targeted by Boycotts
By David Wainer Oct 29, 2014 12:29 PM ET
SodaStream International Ltd. will close a factory in a West Bank settlement that had prompted calls by pro-Palestinian activists for consumers to boycott the Israeli company’s soda machines.
The plant in the industrial zone of Mishor Adumim will shut after the company opted to relocate its operations at that site and another in northern Israel by late 2015. The decision is “purely commercial” and forms part of a “global growth plan” being initiated by Lod, Israel-based SodaStream, spokeswoman Nirit Hurwitz said today by e-mail.
The move comes amid increasing international steps to boycott or sanction businesses operating in the West Bank and east Jerusalem, including local banks. SodaStream has sparred with supporters of Palestinian statehood, who have been waging a grass-roots economic battle against Israel, modeled after the campaign that helped end apartheid in South Africa.
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http://www.bloomberg.com/news/2014-10-29/sodastream-to-close-factory-at-center-of-israel-palestinian-spat.html
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