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By Karen McIntyre, Editor
Published April 5, 2012
A few weeks ago, the industry was abuzz with speculation that Avgol could be sold to PGI owner, Blackstone Capital. Avgol quickly quipped back that its recent talks with the private equity firm were simply a matter of course, saying that periodic con… Read More »
Published April 23, 2007
Plans are underway at Israeli roll goods producer Avgol to expand its Mocksville, NC manufacturing facility by adding 15,000 metric tons of Reicofil spunmelt capacity. Scheduled for start-up during the second quarter of 2008, the company’s seco… Read More »
Published March 26, 2007
Israeli roll goods producer Avgol released financial figures for 2006, its first such posting as a public company. Boasting $60 million in revenue for the fourth quarter, the company’s gross profit margin rose to 24% of turnover, from 22% in th… Read More »
Published January 1, 2007
Location: Tel-Aviv, IsraelSales: $229 millionDescription: Key PersonnelShuki Goldwasser, chairman; Nir Peleg, CEO; Achai Bonneh, director of technologyPlantsTel Aviv, Israel; Mocksville, NC; Jingmen City, Hubei Province, China; Uzlovaya, Russ… Read More »
Published January 4, 2006
Avgol Nonwoven Industries has released an update of company progress with increased sales and profits for 2005 and projecting substantial growth for 2006.  Nir Peleg, CEO, has predicted that 2005 sales will exceed $160 million with increased net… Read More »
Published August 31, 2005
Avgol, a manufacturer of spunbond and spunbond-meltblown-spunbond (SMS) nonwoven materials for use in hygiene, healthcare, construction, agriculture and furniture, is expanding its U.S. operations with a further investment of NIS 135 million. This is… Read More »
Published February 28, 2005
Avgol America is planning a $24-30 million expansion to its production plant in Mocksville, NC that would add 40 to 50 jobs, according to a North Carolina transportation official. The NC Board of Transportation has agreed to pay up to $30,730 toward… Read More »
Published January 1, 2004
Location: Holon, IsraelSales: $106 MILLIONDescription: Key PersonnelShuki Goldwasser, chairman; Nir Peleg, CEO; Achai Bonneh, vice president of technology;  Abraham Zilberfeld, CFO; Sari Goldwasser-Uri, vice president of salesPlantsTel Aviv, Isr… Read More »
Published January 1, 2003
Location: Holon, IsraelSales: $91 millionDescription: Key PersonnelShuki Goldwasser, chairman; Nir Peleg, CEO; Moshe Goldwasser, principal; Achai Bonneh, vice president of technology; Sari Goldwasser-Uri, vice president of salesPlantsHolon, Israel; M… Read More »
Published January 1, 2002
Location: IsraelSales: $75 millionDescription: Key PersonnelShuki Goldwasser, joint managing director; Nir Peleg, joint managing director; Moshe Goldwasser, principalPlantsHolon, Israel; Mocksville, NCISO StatusISO 9002 certifiedProcessesSpunbonded,… Read More »