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Doosan Corp. |
Canada Pension Plan (CPP) Investment in 2011 = $3 million |
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Warplane components In 1995, one of Doosan’s divisions, Mottrol, developed the "[h]ydraulic [pump] system and electro-hydraulic servo valve for UH-60 helicopter[s]." Doosan had originally entered the aerospace business in 1984 when its Infracore division began supplying US weapons-maker General Dynamics with airframe parts for the F-16 fighter/bomber. The US has been transferring UH-60 "Black Hawk" military helicopters and F-16 warplanes to the Israel Air Force for decades. Israel has used these aircraft in numerous missions including the attacks on Lebanon (2006) and Gaza (2008-2009). Milling hardware Doosan has also supplied manufacturing hardware to Israel’s Ashot Ashkelon Industries (AAI), a subsidiary of weapons maker, Israel Military Industries Ltd. (IMI). AAI website says the company uses Doosan-HM800 Horizontal Milling equipment. AAI is a leading manufacturer for Israel’s three government-owned war contractors: Israel Aerospace Industries, Rafael and IMI. (See "State-owned Israeli War Industries.") AAI’s customers also include Sikorsky, which produced Israel’s UH-60 and CH-53 "Sea Stallion" military helicopters. AAI also supplies parts to Renk (Germany) and Urdan (Israel), which make the transmission systems and ballistic steel materials, respectively, for Israel’s Main Battle Tanks. AAI is itself a leading manufacturer of gear-based and drive-train products for tanks, armoured troop carriers and other army vehicles. It also makes tungsten-based, armour-piercing penetrators and fragmentation parts for anti-tank ammunition. Building the Wall and Checkpoints Doosan is also deeply complicit in Israel’s military occupation of Palestine through its subsidiary, Bobcat. The Bobcat Company, being a business of Doosan Infracore International, a US-based subsidiary of Doosan Infracore, is part of the Doosan Corp. empire. It manufactures construction equipment that has been used to build Israel’s separation wall as well as various checkpoints in the occupied territories. Doosan’s construction machinery is almost exclusively powered by engines made by Kubota Corp. (See Kubota in table "CPP Investments.") The "Who Profits from the occupation" website reveals that Bobcat’s sole representative in Israel is Emcol. This Israeli company supplies construction tools and equipment used to build settlement infrastructure in the West Bank, including the segregated roads that are reserved for Israeli use only and cannot be travelled on by Palestinians. |
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COAT research (published in Issues 66 and 67 of Press for Conversion!) exposes that in 2011 the
CPP owned about $1.5 billion worth of shares in 68 corporations supplying Israel with military, police, surveillance and
prison-related products. To read COAT's research on the first half of these 68 companies, click the pdf links below to see the print version of Issue 66. Or, click each company name for the web version.) (Articles on the second set of 34 companies are in Issue #67 of Press for Conversion!): |
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pdf 3M Co pdf Amdocs Ltd pdf Analog Devices Inc pdf AT&T pdf BAE Systems pdf Bank Hapoalim pdf Bezeq pdf Bharat Electronics Ltd pdf CAE Inc pdf Carlyle Group pdf Caterpillar Inc pdf Cellcom Israel pdf Cemex pdf Cisco Systems pdf CRH plc pdf Daewoo Engineering & Construction pdf Daimler AG pdf Delek Group pdf Dell Inc pdf Discount Investment Corp pdf Doosan Corp pdf Eaton Corp pdf Elbit Systems pdf EMC Corp pdf Evraz Group pdf Fiat Industrial pdf Fiat SpA pdf Finmeccanica pdf Fujitsu Ltd pdf Hewlett-Packard Co pdf Hitachi Ltd pdf Honeywell International pdf Hyundai Motor Co pdf Hyundai Heavy Industries Additional resources from this issue: Israeli Spy Companies: Verint and Narus
State-owned Israeli War
Industries:
Vertex Venture Capital:
Table listing
CPP Investments worth $1.5
billion
in 66 companies supporting Israel's military, police, surveillance, prison-industrial complex.
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2010 Auditor’s Report R&D Overview Establishment and Development Launches Doosan DST, Defense Industry Company, January 05,
2009. Sikorsky UH-60 Black Hawk Equipment & Machinery List, March 2008. Defense References Merkava 4 Main Battle Tank, Israel Defense Bobcat Company |