From humble beginnings Iscar is now one of the world's foremost producers of cutting tools. Stef Wertheimer founded Iscar in 1952 in his garage. After numerous year and several expansions Iscar moved to it's current local 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 facility uses sophisticated and fully automatic CNC milling & turning machines to build tooling round the clock. The design of the plant allows for adaptability in the manufacturing process. In a matter of hours a different product can be placed 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 remotely controlled by a central production computer, products are moved about the plant in this fashion.
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 innovation is a way of living. Every day new changes are made by all levels of faculty. Research and development isn't bounded to just tooling. Iscar is steadily looking for brand new, more productive and more cost effective ways of creating things. These innovations have permitted Iscar to become one of the fastest developing companies in the industry. The successes of Iscar hinge on these innovations. They plan to assemble the most productive metal cutting technologies in the world. Piloting the way is their hard laboring employees who fabricate more efficient, effective and economical products.
In 2006 Iscar turned a brand 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 biggest member. Iscar is the first organization from outside the US that Berkshire Hathaway has acquired.
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