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An Abridge Report Of Iscar From Over The Ages
From humble beginnings Iscar is presently 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 location in the Tefen Industrial Zone located in Israel's Western Galilee. Since it's conception Iscar has elevated from a singular market to having representation in over 50 countries world wide.
Iscar's state of the art facility uses sophisticated and completely automatic CNC milling and turning machines to build tooling round the clock. The configuration of the plant allows for adaptability in the manufacturing process. In a matter of hours a different product 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 remote controlled by a central production computer, products are carried 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 feels that deviation is a way of living. Every day new innovations are shaped by all levels of faculty. Research and development isn't limited to simply tooling. Iscar is constantly looking for brand new, more suitable and expanded cost effective ways of creating things. These innovations have accorded Iscar to turn into one of the fastest developing companies in the industry. The successes of Iscar swivel on these innovations. They aim to assemble the most proficient metal cutting technologies in the globe. Piloting the way is their hard working employees who fabricate more efficient, practical and economical products.
In 2006 Iscar turned a new page. Berkshire Hathaway, an remarkably large holding firm, headed by Warren Buffett bought an 80% share of the IMC group, Iscar being it's biggest part. Iscar is the first organization from outside the US that Berkshire Hathaway has acquired.
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