A few executives from the Solel Boneh company decided to open a competing company and later that year, with know-how from the "Dayton Tire and Rubber Company" (since bought by Bridgestone), Alliance was founded.
Construction of the refinery started in 1938 and was carried out by the M. W. Kellogg Co. with assistance from Solel Boneh, and was completed in 1944.
During the years 1960-69, Solel Boneh carried out the construction of the Basilica of the Annunciation in Nazareth.
This time he was sent with two other men by Solel Boneh, a construction company, to join its work teams in the oil refineries in Abadan, Iran.