US jet engine factory in Israel to shut, laying off 900 employees

An airplane engine made by Pratt & Whitney at the Farnborough Air Show fair in Farnborough, England, July 18, 2022. (AP Photo/Frank Augstein)
US jet engine manufacturer Pratt & Whitney announces it will cease manufacturing compressor blades at its factory in northern Israel by 2025, laying off 900 workers.
The firm says in a statement that the Blades Technology Industry factory at the Migdal Tefen Industrial Zone near Nahariya will begin shutting down in 2024 and shift to the United States, due to “major losses that are only growing.”