From humble beginnings Iscar is now one of the world's foremost builders of cutting tools. Stef Wertheimer founded Iscar in 1952 in his garage. After several year and many 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 expanded from a singular market to having representation in more than 50 countries world wide.
Iscar's state of the art facility utilizes complex and fully automatic CNC milling & turning machines to build tooling round the clock. The design of the plant allows for versatility in the manufacturing process. Within a matter of hours a separate product can be placed into production. Automation has been a key to the accomplishments of Iscar. The facility uses pick and place robots as well as Automatic Guided Vehicles that are remotely controlled by a central production computer, products are taken about the facility 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 innovation is a way of living. Every day new changes are shaped by all levels of personnel. Research and development isn't reserved to just tooling. Iscar is regularly looking for brand new, more productive and more cost effective ways of accomplishing things. These innovations have permitted Iscar to develop into one of the fastest growing companies in the business. The successes of Iscar hinge on these innovations. They strive to assemble the most productive metal cutting technologies in the world. Leading the way is their hard laboring faculty who create more efficient, operative and economical products.
In 2006 Iscar turned a brand new page. Berkshire Hathaway, an extremely large holding organization, controlled by Warren Buffett purchased an 80% share of the IMC group, Iscar being it's greatest affiliate. Iscar is the first company from outside the US that Berkshire Hathaway has acquired.
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