Carmor Explained

Carmor Integrated Vehicle Solutions Ltd
Image Alt:Wolf Armoured Vehicle
Type:Public company
Founders:-->
Hq Location:Ziporit industrial park
Hq Location City:Nazareth
Hq Location Country:Israel
Areas Served:-->
Production:Tankers, Aircraft refuelers, Fire engines, Armored vehicles and Special purpose trailers
Revenue: 244.7 million
Revenue Year:2015
Profit:-->
Profit Year:-->
Owners:-->
Num Employees:321
Num Employees Year:2015
Parent:Brand Industries Ltd.

Carmor Integrated Vehicle Solutions (previously known as Hatehof) is an Israeli company that manufactures tankers, aircraft refuelers, fire fighting trucks, armored vehicles and special purpose trailers.

Overview

Carmor is based in the Ziporit industrial zone in Nazareth Illit, Israel.

The company employs a team of engineers from many fields, and works on multiple projects/builds simultaneously. Carmor currently has around 100 employees and provides the required services in-house, such as the design, manufacture, assembly, inspection, professional literature, and cataloging. It is also a major supplier to the Israeli army.

History

Carmor was found in 1947 as Ha-tech-of - Haifa Technical Office, as a workshop for installing armour on tracks, to protect them against rifle fire during the 1947–48 Civil War in Mandatory Palestine, prior to the Israeli Declaration of Independence.

In 1954, Carmor started manufacturing Fuel tankers and Aircraft refuelers, and become the major supplier to the Israeli Civil and military markets.

In 1981, Carmor had an initial public offering on the Tel Aviv Stock Exchange, raising funds to enable the company to diversify and expand its product lines.[1] The company started manufacturing Fire engines and Vehicle Trailer. In 2001, Carmor signed a deal to supply airplane and helicopter refuelers to the Turkish Army. The contract was worth some NIS 28 million.[2]

In 2005, Carmor introduced the Wolf Armoured Vehicle, a 4x4 multi-purpose armored vehicle with a high degree of flexibility, built utilizing a low-cost commercial 4x4 chassis of the Ford F550 with an automatic gearbox driven by a diesel engine, jointly developed with Rafael Advanced Defense Systems. The vehicle's armor and design offers a high degree of protection. It is available in troop carrier, command vehicle, rescue vehicle, logistics support and ambulance configurations. The Israel Ministry of Defense placed a $20 million order for Wolf Armoured Vehicle. The vehicles replaced aging light vehicles used by the Armed Forces of Israel.[3]

In 2011, the company was in financial straits due to a drop in orders and NIS 200 million in debts. The company's creditor banks appointed a trustee to save it.[4]

In 2016 Hatehof was renamed Carmor.[5]

Products

Armoured vehicles

Homeland security

Civilian

External links

Notes and References

  1. http://listofcompanies.co.in/hatehof-limited/ HATEHOF LIMITED - Worldwide Company Profile
  2. http://www.haaretz.com/print-edition/business/hatehof-wins-turkish-army-contract-1.65666 Hatehof Wins Turkish Army Contract
  3. http://www.militaryfactory.com/armor/detail.asp?armor_id=705 Hatehof Wolf - Multi-Mission 4x4 Light Armored Vehicle - History, Specs and Pictures
  4. http://archive.globes.co.il/searchgl/Brand%20Industries%20yesterday%20submitted%20a%20bid%20the%20day_s_hd_2L34oDJ0vCbmnC30mDZ4qDZSoBcXqRMm0.html Last minute entrant joins Hatehof bidding
  5. Web site: Home . hatehof.co.il.