Complex sentence: With the founding of the State of Israel in 1948, the Henry Ford Motor Company realized that the new state would need a huge number of vehicles for the military and the government, and it announced plans to build a car assembly plant in Israel.
Split into simpler sentences: With the founding of the State of Israel in 1948, the Henry Ford Motor Company sought to invest in the new state, and facilitate the large number of vehicles it would need for the military and the government. Ford announced plans to build a car assembly plant in Israel.