From humble beginnings Iscar is presently one of the world's foremost manufacturers of cutting tools. Stef Wertheimer started Iscar in 1952 in his garage. After numerous year and several expansions Iscar moved to it's current location in the Tefen Industrial Zone located in Israel's Western Galilee. Since it's inception Iscar has elevated from a singular market to having representation in over 50 countries world wide.
Iscar's state of the art plant uses sophisticated and fully automatic CNC milling and turning machines to produce tooling around the clock. The configuration of the plant allows for flexibility in the manufacturing procedure. In a matter of hours a different product can be put into production. Automation has been a key to the success 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 transported about the plant in this manner.
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 believes that deviation is a way of living. Every day new innovations are formed by all levels of employees. Research and development isn't limited to just tooling. Iscar is continually looking for new, more efficient and expanded cost effective ways of creating things. These innovations have allowed Iscar to emerge as one of the fastest developing companies in the industry. The successes of Iscar hinge on these innovations. They intend to produce the most efficient metal cutting technologies in the globe. Piloting the way is their hard working workers who fabricate more efficient, practical and economical products.
In 2006 Iscar turned a new page. Berkshire Hathaway, an extremely large holding company, headed by Warren Buffett bought an 80% share of the IMC group, Iscar being it's largest division. Iscar is the first manufacturer from outside the US that Berkshire Hathaway has acquired.
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