Top 10 Largest Manufacturing Companies in Israel

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Israel is well-known for its technological breakthroughs and inventiveness. Israel has emerged as a manufacturing hotspot due to its flourishing economy and ... read more...

  1. Top 1

    Bazan Group

    The Bazan Group was established in 1923 and has since evolved to become one of Israel's largest and most prominent industrial firms. The company is publicly traded on the Tel Aviv Stock Exchange and serves both domestic and international markets.

    In addition to its refining and petrochemical operations, the Bazan Group owns and manages a power plant and a desalination plant, solidifying its position as a prominent player in the Israeli energy sector. Bazan Group has received various environmental honors, including the coveted "Green Globe" award for sustainability in 2019.


    Bazan Group has been investing in R&D in recent years in order to improve its refining processes and reduce its environmental impact. The company has developed technology to produce greener fuels and reduce emissions from its operations. The Bazan Group has invested in renewable energy sources such as solar power and biomass. The company is likewise committed to decreasing its carbon footprint and has set high targets for reducing greenhouse gas emissions from its operations.


    Bazan Group has a proud revenue record as one of the largest manufacturing companies in Israel. Bazan Group reported consolidated EBITDA of $238 million and net income of $277 million in the third quarter of 2022. This was a rise from the previous quarter's consolidated EBITDA of $208 million and net income of $248 million. Bazan Group announced revenue of around $7.6 billion for fiscal year 2023. The company's improved performance was attributed to higher refining margins, increased demand for petroleum products, and lower operating expenses.


    Founded: 1923

    Headquarters: 4 Revad., Haifa, 3100001, Israel

    Website: https://www.bazan.co.il/

    Screenshot via https://www.bazan.co.il/
    Screenshot via https://www.bazan.co.il/
    Screenshot via https://www.bazan.co.il/
    Screenshot via https://www.bazan.co.il/

  2. Top 2

    Elbit Systems

    Elbit Systems was established in 1966 and has since grown to become a world leader in defense electronics. The company has a global presence, with offices in Israel, the United States, Europe, Asia, and Australia. Elbit Systems' customer base is wide, including governments, militaries, and commercial enterprises.

    The sophisticated technologies and solutions developed by the company have been used in a number of high-profile projects, including the creation of unmanned aircraft systems for military and commercial uses. Elbit technologies have also created cutting-edge electro-optic and digital technologies for surveillance, intelligence collection, and target acquisition. Communication systems manufactured by the business are utilized for both military and civilian applications, such as emergency response communications and public safety networks.

    Elbit Systems
    has a proven track record of providing its clients with high-quality goods and services. The company is known for its ingenuity and has received numerous honors for its technological achievements. Elbit Systems has also received recognition for its corporate social responsibility programs, which include a commitment to sustainability and community involvement.

    For the fourth quarter of 2022, Elbit Systems reported a non-GAAP EPS of $1.68 and revenue of $1.5 billion. This was a decline from the same quarter last year when the company generated non-GAAP EPS of $2.14 and revenue of $1.51 billion. Elbit Systems reported fiscal year 2023 revenue of roughly $5.5 billion.


    Founded: 1966

    Headquarters: Advanced Technology Center PO Box, Haifa, Haifa, Israel

    Website: https://elbitsystems.com/

    Screenshot via https://elbitsystems.com/
    Screenshot via https://elbitsystems.com/
    Screenshot via https://elbitsystems.com/
    Screenshot via https://elbitsystems.com/
  3. Top 3

    Elco

    Elco was established in 1949 and is based in Israel. The corporation has a global presence, with subsidiaries and distributors in numerous countries. Elco's customer base is diversified, including industrial businesses, OEMs, and distributors.

    The product line of the company includes a diverse range of electric motors and drives, including AC motors, DC motors, and customized motors for specific purposes. Elco drives are well-known for their innovative features, such as sensorless vector control, as well as their ability to give precise control and feedback.

    Elco
    is a major manufacturer of electric motors and drives, with an emphasis on ecologically friendly and energy-efficient products. The company specializes in the design and manufacturing of electric motors, generators, and drives for a variety of industrial applications such as HVAC systems, pumps, and fans.

    Elco's products are well-known for their superior quality and dependability. The company employs cutting-edge technology and materials to create energy-efficient and ecologically friendly motors and drives. Elco's motors and drives are designed to save energy and money while lowering greenhouse gas emissions and other hazardous pollutants.

    Elco
    is devoted to offering exceptional customer service in addition to its focus on energy efficiency and environmental sustainability. The company employs a team of skilled engineers and technicians who collaborate with customers to build tailored solutions that match their individual requirements. Elco also offers technical support and training to customers to ensure that they get the most out of their devices.

    Elco
    reported $4.76 billion in revenue for fiscal year 2022, ending December 31, 2022. This is a 64.6% increase year-over-year. During the same period, the company had a net income of $429.54 million and total assets of $6.12 billion. Elco reported $5 billion in revenue for fiscal year 2023 and continues to grow strongly.


    Founded: 1949

    Headquarters: 98 Yigal Alon St, Tel Aviv, Tel Aviv, Israel

    Website: https://www.elco.co.il/

    Screenshot via https://www.elco.co.il/
    Screenshot via https://www.elco.co.il/
    Screenshot via https://www.elco.co.il/
    Screenshot via https://www.elco.co.il/
  4. Top 4

    Israel Aerospace Industries

    Israel Aerospace Industries (IAI) is a globally recognized defense and aerospace firm that specializes in the development and manufacture of innovative technology for military, commercial, and space purposes. IAI was created in 1953 and has since grown to become a major player in the worldwide defense and aerospace industries. The corporation has operations in numerous nations throughout the world, including the United States, Europe, Asia, and South America. Governments, militaries, and commercial enterprises are among the diverse customers of IAI.

    Unmanned aerial systems, radar and electronic warfare systems, military aircraft, satellites, and space systems are among the products offered by IAI. The company is well-known for its cutting-edge technologies and solutions, which are employed by militaries and governments worldwide.

    Many high-profile projects have leveraged IAI's innovative technology and solutions, including the development of unmanned aerial systems for military and commercial applications. In addition, the business has created powerful radar and electronic warfare systems for surveillance, intelligence collection, and target acquisition. Space systems developed by IAI include satellites, launch vehicles, and ground control stations for communication, navigation, and remote sensing.

    IAI
    has a proven track record of providing its clients with high-quality goods and services. The company is known for its ingenuity and has received numerous honors for its technological achievements. IAI has also received recognition for its corporate social responsibility activities, such as its dedication to sustainability and community involvement.

    IAI
    is a significant player in the worldwide defense and aerospace industry, with a strong focus on innovation, quality, and customer satisfaction. Its cutting-edge technologies and skills make it a desirable partner for governments, militaries, and commercial entities worldwide.


    IAI has a solid revenue record as one of the largest manufacturing companies in Israel. IAI reported record revenue of $4.477 billion for the fiscal year 2021, which concluded on December 31, 2021. This is a 7% increase over 2020. Furthermore, the firm declared a net income of $148 million, an 11% increase over 2020. IAI also claimed a record order backlog of $13.4 billion as of December 31, 2021, with revenue expected to be about $4 billion in fiscal year 2023. This may indicate an increase in revenue in the following years.


    Founded: 1953

    Headquarters: Ben Gurion International Airport, Lod, 70100, Israel

    Website: https://www.iai.co.il/

    Screenshot via https://www.iai.co.il/
    Screenshot via https://www.iai.co.il/
    Screenshot via https://www.iai.co.il/
    Screenshot via https://www.iai.co.il/
  5. Top 5

    Rafael

    Rafael Advanced Defense Systems is an Israeli firm that develops and manufactures advanced military technologies. The company was created in 1948 and has since grown to become a global leader in the military industry. Rafael is a multi-faceted defense and security corporation with operations on land, air, sea, and space. Products and solutions from the company are used in a variety of applications, including homeland security, border control, and critical infrastructure protection.

    Rafael's
    product portfolio includes missile defense systems, precision-guided munitions, electro-optical systems, and electronic warfare systems. The company is well-known for its cutting-edge technologies and solutions, which are employed by militaries and governments worldwide.

    Rafael's
    missile defense systems, which include the Iron Dome, David's Sling, and Arrow missile defense systems, are among the most advanced in the world. Precision-guided weapons from the business include air-to-ground and ground-to-ground missiles used in a range of military applications. Rafael's electro-optical systems include targeting and surveillance systems utilized by militaries and law enforcement agencies worldwide.

    Rafael
    has a proven track record of providing its clients with high-quality products and services. The company is known for its ingenuity and has received numerous honors for its technological achievements. Rafael has also received recognition for its corporate social responsibility programs, which include a dedication to sustainability and community involvement.

    Rafael is dedicated to environmental sustainability and corporate social responsibility. The organization has built a sustainability program to reduce its environmental effect, promote employee well-being, and support local communities. Rafael has also received recognition for its community engagement initiatives, including its support for educational and social welfare programs in the communities in which it operates.


    Rafael
    reported revenue of $3.075 billion for the fiscal year 2021, which ended on December 31, 2021. This was an increase from $2.7 billion in 2020. Rafael announced revenue of roughly $2.7 billion for the fiscal year 2023. The company attributed its improved performance to its diversified portfolio, operational efficiency, and innovation.


    Founded: 1948

    Headquarters: PO Box 2250, Haifa, Haifa, 3102102, Israel

    Website: https://www.rafael.co.il/

    Screenshot via https://www.rafael.co.il/
    Screenshot via https://www.rafael.co.il/
    Screenshot via https://www.rafael.co.il/
    Screenshot via https://www.rafael.co.il/
  6. Top 6

    Delta Galil Industries

    Delta Galil Industries has manufacturing locations in North America, Europe, Asia, and the Middle East. This enables the organization to service its consumers in diverse countries more efficiently and respond promptly to changing market demands.

    Delta Galil Industries'
    capacity to provide a diverse range of goods to fulfill the needs of many clients is one of its strengths. The brand is well-known in a variety of areas, including intimate clothing, activewear, and socks. They also have products for people of all ages, from infants to adults.

    Over the years, the company has also made strategic acquisitions to broaden its product portfolio and improve its position in several markets. Delta Galil Industries, for example, acquired the lingerie brand Eminence in 2018, allowing the company to increase its foothold in the French market.

    Delta Galil Industries
    is devoted to ethical business practices in addition to its focus on sustainability, innovation, and social responsibility. The corporation has put in place a code of conduct for its employees and suppliers, outlining the standards and policies that they must follow. Respecting human rights, fostering fair labor standards, and ensuring a safe and healthy working environment are all part of this.

    Delta Galil Industries is continually looking for methods to better its goods and processes in terms of innovation. The company invests in R&D to generate innovative materials, designs, and technologies that improve the performance, comfort, and sustainability of its goods.

    The company's business methods demonstrate its strong commitment to sustainability and social responsibility. Delta Galil Industries has taken several steps to reduce its environmental effect, including the use of sustainable products, trash reduction, and energy-saving techniques. In addition, the organization collaborates closely with suppliers to ensure that they adhere to ethical and environmental standards.



    Delta Galil Industries is one of the largest manufacturing companies in Israel, with a proud revenue record. Delta Galil Industries reported revenue of $2.031 billion for the fiscal year 2022, which ended on December 31, 2022. This represents a 4% increase above the $1.951 billion forecast for 2021. Delta Galil Industries reported approximately $2 billion in revenue for fiscal year 2023. The improved performance of the corporation was attributed to its varied portfolio, operational efficiency, and innovation.




    Founded: 1975

    Headquarters: 45 Ha'eshel Southern Industrial Zone St, Caesarea, 30889, Israel

    Website: https://www.deltagalil.com/

    Screenshot via https://www.deltagalil.com/
    Screenshot via https://www.deltagalil.com/
    Screenshot via https://www.deltagalil.com/
    Screenshot via https://www.deltagalil.com/
  7. Top 7

    Tnuva

    Tnuva has been present in Israel since the 1920s. The company has contributed significantly to the growth of the Israeli food industry and has become a household name in the country. The dairy line, which includes milk, cheese, yogurt, and other dairy products, is one of the company's most popular goods. Tnuva is well-known for its high-quality dairy products and has received numerous accolades for its cheese and other offerings.

    Tnuva's
    emphasis on quality and safety is one of its assets. The organization has adopted stringent quality control methods throughout the manufacturing process, from raw material sourcing to packaging and delivery. Tnuva employs cutting-edge technology and testing methods to ensure that its goods satisfy the highest quality and safety standards.

    Tnuva is dedicated to innovation and sustainability in addition to quality. The company invests in R&D to develop new goods and technology to meet changing client needs and market trends. Tnuva also attempts to lessen its environmental impact by introducing energy-saving techniques, decreasing trash, and utilizing environmentally friendly materials in its packaging.

    Tnuva is particularly well-known for its close working connections with farmers and suppliers. The company collaborates closely with its partners to guarantee that ethical and environmental standards are met. Tnuva helps local farmers by purchasing their products and offering technical assistance to help them improve their farming practices.

    Tnuva's
    marketing and branding activities are another source of strength. In Israel, the company has strong brand recognition and is known for producing high-quality items. Tnuva has also been successful in internationalizing its brand, with products sold in Europe, the United States, and other nations.

    Tnuva
    has teamed with cell production business Pluristem to deliver cultured food to the masses, beginning with a raw beef product. The company intends to complete the technical proof of concept for its raw-farmed beef product in late 2022, with a launch date of 2023. Tnuva reported revenue of around $2 billion for the fiscal year 2023.


    Founded: 1920

    Headquarters: Consumer Center PO Box 403, Ashkelon, Southern District, Israel

    Website: https://www.tnuva.com/

    Screenshot via https://www.tnuva.com/
    Screenshot via https://www.tnuva.com/
    Screenshot via https://www.tnuva.com/
    Screenshot via https://www.tnuva.com/
  8. Top 8

    Strauss Water

    Strauss Water is a global leader in providing superior water-solution products and services. The company specializes in residential and office water filtration, purification, and dispensing systems. Strauss Water prioritizes innovation, sustainability, and customer happiness.

    Strauss Water's devotion to innovation is one of its assets. The company has made significant investments in R&D to develop new products and technology that improve the quality and taste of water. Strauss Water provides a variety of solutions, ranging from countertop water dispensers to under-sink filtration systems, to fulfill the needs of various consumers.

    Strauss Water
    is also committed to environmental sustainability. The products of the company are intended to reduce plastic waste by providing a sustainable alternative to bottled water. Strauss Water has taken a number of steps to lessen its environmental effect, including the use of energy-efficient technology and the reduction of water consumption in its manufacturing operations.

    Strauss Water is committed to client pleasure in addition to its focus on innovation and sustainability. The organization provides a variety of services to ensure that its consumers have access to safe and nutritious drinking water. This covers services such as installation, maintenance, and repair, as well as customer support and training.

    Strauss Water
    is also well-known for its powerful brand image. The company has received numerous honors for its innovative goods and services, and it has a strong presence in a number of areas, including Europe, Asia, and the Middle East.

    Strauss Water
    had another excellent year in the fiscal year 2022, with organic sales growth of 6.7% for the fiscal year that concluded on December 31, 2022. Strauss Water reported revenue of roughly $2 billion for the fiscal year 2023. The company's better performance was ascribed to its diverse portfolio, operational efficiency, and innovation.


    Founded: 1971

    Headquarters: 49 Hasivim St, Petach Tikva, 49517, Israel

    Website: https://www.strauss-water.com/

    Screenshot via https://www.strauss-water.com/
    Screenshot via https://www.strauss-water.com/
    Screenshot via https://www.strauss-water.com/
    Screenshot via https://www.strauss-water.com/
  9. Top 9

    Strauss Group

    Strauss Group has been present in Israel since the 1930s. The company has played a significant role in the growth of the Israeli food industry and is a market leader in the country. Strauss Group is an Israeli food and beverage conglomerate with operations in Europe, Asia, and North America. The company is well-known for its high-quality and unique items, which include coffee, chocolate, snacks, and dips.

    The coffee line, which includes instant coffee, ground coffee, and coffee capsules, is one of the company's most popular items. Strauss Group is known for producing high-quality coffee and has received numerous honors for its blends and roasts.

    One of Strauss Group's strengths is its emphasis on innovation. The corporation extensively spends on research & development in order to generate new items and improve old ones. Strauss Group offers a diverse portfolio of businesses, including Sabra, the biggest hummus brand in the United States, and Max Brenner, a global chocolate shop chain.

    Strauss Group
    is also dedicated to sustainability and social responsibility. The company has undertaken a number of initiatives to reduce its environmental effect, including the use of sustainable products, the reduction of waste, and the implementation of energy-saving measures. Strauss Group also collaborates closely with its suppliers to ensure that they adhere to ethical and environmental standards.

    Strauss Group
    is committed to producing value for its customers and stakeholders in addition to its focus on innovation and sustainability. The company provides a variety of products designed to fulfill the demands of various customers, ranging from nutritious snacks to indulgent indulgences. Strauss Group also invests in its employees and communities by funding a variety of social and educational programs.

    Strauss Group is also well-known for its great financial results. The company has a proven track record of growth and profitability, and it has expanded its global footprint through strategic acquisitions and collaborations.

    Strauss Group reported a 6.5% increase in revenue for the fiscal year 2022, which concluded on December 31, 2022. The company's revenue was $2.9 billion. Strauss Group reported revenue of around $1.8 billion for the fiscal year 2023. The revenue increase was ascribed to the company's varied portfolio, operational efficiency, and innovation, but profit declines were attributed to the confectionary division recall, the Sabra plant adjustment plan, and rising raw material and energy prices.


    Founded: 1930

    Headquarters: 49 Hasivim Kiryat Matalon St P.o.box 194, Petah Tikva, 4959504, Israel

    Website: https://www.strauss-group.com/

    Screenshot via https://www.strauss-group.com/
    Screenshot via https://www.strauss-group.com/
    Screenshot via https://www.strauss-group.com/
    Screenshot via https://www.strauss-group.com/
  10. Top 10

    Tower Semiconductor

    Tower Semiconductor is a global leader in analog semiconductor technology and manufacturing. The company specializes in the design and manufacture of integrated circuits (ICs) for a variety of applications, including consumer electronics, automotive, medical, and industrial.

    The company provides a variety of manufacturing services, including design assistance, wafer processing, packaging, and testing. Tower Semiconductor has a proven track record of producing high-quality goods on time and at a reasonable cost.

    Tower Semiconductor's competence in analog IC technology is one of its key competencies. The company has a strong patent portfolio and proprietary techniques that allow it to develop and manufacture high-performance ICs that satisfy the needs of various customers.

    Tower Semiconductor
    is devoted to quality and reliability in addition to its focus on innovation. Throughout the manufacturing process, from wafer fabrication to package assembly and testing, the company has incorporated stringent quality control methods. Tower Semiconductor also collaborates closely with its suppliers to ensure that they satisfy the same high-quality and reliability criteria.

    Tower Semiconductor
    reported $412 million in revenue for the fourth quarter of 2021, which ended December 31, 2021. This was a 19% increase from the fourth quarter of 2020's $345 million and a 7% increase from the third quarter of 2021's $387 million. For the fourth quarter of 2021, the firm recorded a net profit of $52 million, or $0.48 basic and $0.47 diluted earnings per share. Tower Semiconductor projected revenue of around $1.6 billion for the fiscal year 2023. The business attributed its revenue rise to its varied portfolio, operational efficiency, and innovation.


    Founded: 1933

    Headquarters: Ramat Gavriel Industrial Park 20 Shaul Amor Ave, Israel

    Website: https://towersemi.com/

    Screenshot via https://towersemi.com/
    Screenshot via https://towersemi.com/
    Screenshot via https://towersemi.com/
    Screenshot via https://towersemi.com/



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