From humble beginnings Iscar is at present 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 location in the Tefen Industrial Zone located in Israel's Western Galilee. Since it's beginning Iscar has expanded 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 and turning machines to produce tooling round the clock. The design of the buildings allows for flexibility in the manufacturing procedure. In a matter of hours a dissimilar product can be put into production. Automation has been a key to the accomplishments of Iscar. The facility uses pick & place robots as well as Automatic Guided Vehicles that are remote controlled by a central production computer, products are taken about the plant in this method.
Iscar strives to be a leader in the cutting tool industry. Every year Iscar uses about 10% of it's total resources to research and development. Iscar feels that innovation is a way of existence. Every day new innovations are fashioned by all levels of faculty. Research and development isn't restrained to just tooling. Iscar is constantly looking for new, more productive and more cost effective ways of achieving things. These innovations have allowed Iscar to develop into one of the fastest expanding companies in the business. The successes of Iscar hinge on these innovations. They aim to produce the most productive metal cutting technologies in the world. Piloting the way is their hard working faculty who fabricate more efficient, efficient and economical products.
In 2006 Iscar turned a new page. Berkshire Hathaway, an extremely large holding organization, administrated by Warren Buffett bought an 80% share of the IMC group, Iscar being it's largest affiliate. Iscar is the first organization from outside the US that Berkshire Hathaway has acquired.
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