ISCAR is a producer of unique and innovative cutting tools for metalworking, including turning, grooving, milling, hole making,
boring and threading tools.
The company was founded in 1952 in a wooden garage behind the home of Stef Wertheimer. After several years of steady expansion, the company headquarters moved to its current site in the Tefen Industrial Zone, situated in Israel's Western Galilee.
ISCAR has expanded from a single marketing and manufacturing facility in Israel to a multinational company with representation in over 50 countries.
The innovation that has made the company one of the fastest growing in the industry stems from the creative thinking of ISCAR's employees. Throughout ISCAR, hard-working individuals apply themselves to the creation of efficient, practical and economical solutions for clients all over the world.
Into the future
ISCAR¡¯s success and growth continue as a result of innovation and a desire to provide customers with the very latest, most efficient metal cutting technology in the world. They maintain manufacturing facilities for special tools and inserts in the Americas, Central and Eastern Europe, Asia, Turkey and Israel.
In addition, the company has computerized warehouses in
North America, Europe and Asia.
Over the past 50 years, ISCAR has catapulted from a small niche
supplier to one of the world¡¯s leading manufacturers of
metalworking tools.
Berkshire Hathaway
Berkshire Hathaway is an extremely large holding company that oversees
and manages a number of subsidiary companies. Headquartered in Omaha,
Nebraska in the USA, Berkshire Hathaway is controlled by Warren Buffett,
who is one of the most celebrated investors in history.
In the early part of his career at Berkshire, he focused on long-term
investments in publicly quoted stocks, but more recently has turned
to buying whole companies.
In May of 2006 the Berkshire Hathaway company purchased
80% of the IMC group, of which ISCAR is the largest company.
