Stocks

Caesarstone's Stock Climbs


Caesarstone's Stock Climbs

Caesarstone (CSTE), a maker of quartz countertops, is controlled by Sdot-Yam, an Israeli kibbutz founded in 1936 as a fishing village. The kibbutz turned to quartz after its factory that made terrazzo tiles foundered. Caesarstone binds quartz into countertops using a chemical formula developed with the help of engineers at the Technion-Israel Institute of Technology in Haifa.

Gelman_190
Gelman is Markets and Finance editor of Bloomberg Businessweek.

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Companies Mentioned

  • CSTE
    (Caesarstone Sdot-Yam Ltd)
    • $47.44 USD
    • 1.26
    • 2.65%
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