From humble beginnings Iscar is at present one of the world's foremost manufacturers of cutting tools. Stef Wertheimer founded Iscar in 1952 in his garage. After numerous year and several expansions Iscar relocated to it's current location in the Tefen Industrial Zone seated in Israel's Western Galilee. Since it's beginning Iscar has expanded from a singular market to having representation in over 50 countries world wide.

Iscar's state of the art facility uses sophisticated and thoroughly automatic CNC milling and turning machines to create tooling around the clock. The design of the plant allows for flexibility in the manufacturing process. In a matter of hours a different goods can be put into production. Automation has been a key point 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 moved about the plant in this manner.

Iscar strives to be a ruler in the cutting tool industry. Every year Iscar uses about 10% of it's total capital to research and development. Iscar believes that innovation is a way of living. Every day new innovations are made by all levels of employees. Research and development isn't limited to merely tooling. Iscar is continually looking for revolutionary, more practical and more cost effective ways of accomplishing things. These innovations have allowed Iscar to become one of the fastest developing companies in the industry. The successes of Iscar swivel on these innovations. They intend to conceive the most effective metal cutting technologies in the world. Leading the way is their hard working employees who fabricate more efficient, practical and economical goods.

In 2006 Iscar turned a new page. Berkshire Hathaway, an notably large holding enterprise, administrated by Warren Buffett purchased an 80% share of the IMC group, Iscar being it's largest member. Iscar is the first manufacturer from outside the US that Berkshire Hathaway has acquired.

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