[Congressional Record Volume 143, Number 1 (Tuesday, January 7, 1997)]
[Extensions of Remarks]
[Pages E26-E27]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




 WILLIAM DAVIDSON'S GIFT TO CREATE THE FIRST SCHOOL FOR MANAGEMENT OF 
                          TECHNOLOGY IN ISRAEL

                                 ______
                                 

                            HON. TOM LANTOS

                             of california

                    in the house of representatives

                        Tuesday, January 7, 1997

  Mr. LANTOS. Mr. Speaker, I invite my colleagues to join me in 
commending Mr. William Davidson, president and CEO of Guardian 
Industries Corp., and managing partner of the National Basketball 
Association's Detroit Pistons Basketball Club. Bill Davidson has made a 
remarkable gift of $30 million to establish a world-class business 
school at the Technion-Israel Institute of Technology in Haifa. Mr. 
Davidson's great vision and philanthropy will ensure that Israel will 
continue to develop and expand its highly advanced technology-based 
industries. Furthermore, the international business community will gain 
an unparalleled resource in the study of management of technology.

[[Page E27]]

  The Technion, founded in 1924, is Israel's leading science and 
technology university. With this gift, the Technion will establish a 
premier business school with the unique combination of a Masters of 
Business Administration program, advanced technological educations, and 
international management strategy.
  Bill Davidson firmly believes that education is the best tool for 
promoting economic growth. To that end, he has focused enormous 
philanthropic efforts over the years. In 1992, he gave $30 million to 
the University of Michigan at Ann Arbor to create an institute to 
assist nations around the world in making successful transitions to 
market economies. In 1994, a gift of $15 million was made to establish 
a graduate school of Jewish education at the Jewish Theological 
Seminary of America in New York City.
  This latest gift to the Technion demonstrates Mr. Davidson's 
conviction that technology-based industries represent a tremendous 
opportunity for Israel to expand its economy, attract foreign capital, 
and, in turn, enhance its long-term economic security. The new Davidson 
school will allow the Technion to leverage its vast technological 
capabilities through targeted management education and research and 
thereby make a critical contribution in Israel's quest for economic 
independence.
  Mr. Speaker, I invite my colleagues to join me in paying tribute to 
Bill Davidson's generosity and vision in creating a remarkable new 
business school at one of the world's great scientific institutions. 
This gift will enrich the lives of countless people in Israel and 
around the world.

                          ____________________