From humble beginnings Iscar is at this time one of the world's principal manufacturers of cutting tools. Stef Wertheimer started Iscar in 1952 in his garage. After many year and numerous expansions Iscar moved to it's current local in the Tefen Industrial Zone located in Israel's Western Galilee. Since it's conception Iscar has increased from a sole market to having representation in over 50 countries world wide.
Iscar's state of the art plant employs advanced and fully automatic CNC milling & turning machines to produce tooling round the clock. The configuration of the buildings allows for flexibility in the manufacturing procedure. In a matter of hours a dissimilar product can be placed into production. Automation has been a key to the achievements of Iscar. The plant uses pick & place robots as well as Automatic Guided Vehicles that are remote controlled by a central production computer, products are hauled about the plant in this method.
Iscar strives to be a leader in the cutting tool business. Every year Iscar uses about 10% of it's total resources to research and development. Iscar feels that change is a way of existence. Every day new innovations are fashioned by all levels of faculty. Research and development isn't reserved to just tooling. Iscar is steadily looking for new, more suitable and increased cost effective ways of creating things. These innovations have allowed Iscar to evolve into one of the fastest expanding companies in the business. The successes of Iscar hinge on these innovations. They plan to produce the most proficient metal cutting technologies in the planet. Piloting the way is their hard working workers who fabricate more efficient, operative and economical products.
In 2006 Iscar turned a brand new page. Berkshire Hathaway, an extremely large holding firm, advised by Warren Buffett bought an 80% share of the IMC group, Iscar being it's largest constituent. Iscar is the first organization from outside the US that Berkshire Hathaway has acquired.
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