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An Abridge Statement Of Iscar From Across The Years
From humble beginnings Iscar is at this time one of the world's leading manufacturers of cutting tools. Stef Wertheimer started Iscar in 1952 in his garage. After numerous year and several expansions Iscar relocated to it's current local in the Tefen Industrial Zone located in Israel's Western Galilee. Since it's beginning Iscar has enhanced from a single market to having representation in over 50 countries world wide.
Iscar's state of the art plant uses sophisticated and thoroughly automatic CNC milling & turning machines to build tooling round the clock. The design of the facility allows for flexibility in the manufacturing procedure. In a matter of hours a different goods 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 remote controlled by a central production computer, products are transported about the plant in this fashion.
Iscar strives to be a ruler in the cutting tool business. Every year Iscar uses about 10% of it's total resources to research and development. Iscar feels that change is a way of life. Every day new innovations are formed by all levels of employees. Research and development isn't bounded to merely tooling. Iscar is regularly looking for brand new, more productive and increased cost effective ways of doing things. These innovations have accorded Iscar to emerge as one of the fastest developing companies in the industry. The successes of Iscar depend on these innovations. They strive to assemble the most productive metal cutting technologies in the marketplace. Leading the way is their hard working workers who fabricate more efficient, effective and economical goods.
In 2006 Iscar turned a brand new page. Berkshire Hathaway, an extremely large holding organization, advised by Warren Buffett purchased 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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