Shareholders of the Caterpillar Company this week rejected a proposal that called for re-examining selling bulldozers to Israel due to their use in the demolition of Palestinian homes.
Only 3% of the share holders, who met in Washington, voted in favor of the proposal.
The proposal asked company executives to investigate whether sales of D9 model bulldozers to Israel violates Caterpillar’s code of business conduct.
The proposal was introduced by four Roman Catholic orders of nuns and the group Jewish Voice for Peace, which bought company shares in order to gain the right to raise the motion.
Jewish Voice for Peace co-director Liat Weingart said the movement will continue its campaign against Caterpillar.
The World Jewish Congress also purchased shares to gain entry to the meeting and present its position.
Caterpillar bulldozers are extensively used to demolish Palestinian homes and uproot trees to prepare the ground for the construction of the seperation wall.