A Brief Account Of Iscar From Over The Ages

 
From humble beginnings Iscar is currently 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 relocated to it's current location in the Tefen Industrial Zone located in Israel's Western Galilee. Since it's conception Iscar has increased from a singular market to having representation in more than 50 countries world wide.

Iscar's state of the art facility utilizes complex and entirely automatic CNC milling and turning machines to produce tooling round the clock. The configuration of the plant allows for versatility in the manufacturing process. Within a matter of hours a separate goods can be put into production. Automation has been a key to the achievements of Iscar. The plant uses pick & 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 style.

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 feels that change is a way of living. Every day new changes are shaped by all levels of staff. Research and development isn't restricted to solely tooling. Iscar is constantly looking for new, more suitable and increased cost effective ways of creating things. These innovations have granted Iscar to develop into one of the fastest growing companies in the business. The successes of Iscar hang on these innovations. They aim to produce the most proficient metal cutting technologies in the planet. Piloting the way is their hard laboring faculty who establish more efficient, functional and economical goods.

In 2006 Iscar turned a new page. Berkshire Hathaway, an extremely large holding firm, directed by Warren Buffett bought an 80% share of the IMC group, Iscar being it's greatest affiliate. Iscar is the first business from outside the US that Berkshire Hathaway has acquired.

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