An Abridge Report Of Iscar From Over The Years
From humble beginnings Iscar is now one of the world's leading producers of cutting tools. Stef Wertheimer started Iscar in 1952 in his garage. After many year and numerous 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 expanded from a single market to having representation in over 50 countries world wide.
Iscar's state of the art plant employs advanced and entirely automatic CNC milling & turning machines to produce tooling around the clock. The design of the facility allows for adaptability in the manufacturing procedure. In a matter of hours a dissimilar goods can be placed into production. Automation has been a key to the accomplishment 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 taken about the plant in this method.
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 believes that innovation is a way of life. Every day new innovations are fashioned by all levels of workers. Research and development isn't restrained to solely tooling. Iscar is steadily looking for new, more practical and more cost effective ways of doing things. These innovations have accorded Iscar to develop into one of the fastest expanding companies in the business. The successes of Iscar hang on these innovations. They plan to produce the most effective metal cutting technologies in the world. Leading the way is their hard working faculty who produce more efficient, efficient and economical goods.
In 2006 Iscar turned a brand new page. Berkshire Hathaway, an extremely large holding enterprise, controlled by Warren Buffett purchased an 80% share of the IMC group, Iscar being it's biggest affiliate. Iscar is the first enterprise from outside the US that Berkshire Hathaway has acquired.
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