From humble beginnings Iscar is now one of the world's foremost builders of cutting tools. Stef Wertheimer started Iscar in 1952 in his garage. After many year and several expansions Iscar relocated 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 singular market to having representation in more than 50 countries world wide.
Iscar's state of the art plant employs sophisticated and entirely automatic CNC milling and turning machines to produce tooling around the clock. The design of the plant allows for versatility in the manufacturing procedure. In a matter of hours a different goods can be put into production. Automation has been a key to the accomplishment of Iscar. The facility uses pick & place robots as well as Automatic Guided Vehicles that are remotely controlled by a central production computer, products are hauled about the plant in this fashion.
Iscar strives to be a ruler in the cutting tool industry. Every year Iscar uses about 10% of it's total resources to research and development. Iscar believes that innovation is a way of living. Every day new changes are fashioned by all levels of workers. Research and development isn't bounded to solely tooling. Iscar is constantly looking for new, more practical and more cost effective ways of creating things. These innovations have permitted Iscar to evolve into one of the fastest expanding companies in the industry. The successes of Iscar hang on these innovations. They aim to produce the most effective metal cutting technologies in the world. Piloting the way is their hard laboring workers who produce more efficient, effective and economical goods.
In 2006 Iscar turned a new page. Berkshire Hathaway, an extremely large holding enterprise, controlled by Warren Buffett bought an 80% share of the IMC group, Iscar being it's greatest constituent. Iscar is the first enterprise from outside the US that Berkshire Hathaway has acquired.
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