A Short Chronicle Of Iscar Over The Ages
From humble beginnings Iscar is presently one of the world's foremost manufacturers of cutting tools. Stef Wertheimer started Iscar in 1952 in his garage. After several 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 inception Iscar has elevated from a singular market to having representation in over 50 countries world wide.
Iscar's state of the art plant utilizes sophisticated and thoroughly automatic CNC milling and turning machines to create tooling around the clock. The configuration of the plant allows for flexibility in the manufacturing procedure. Within a matter of hours a different goods can be put into production. Automation has been a key point to the success of Iscar. The plant 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 facility 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 deviation is a way of living. Every day new innovations are formed by all levels of personnel. Research and development isn't bounded to merely tooling. Iscar is continually looking for revolutionary, more efficient and expanded cost effective ways of accomplishing things. These innovations have allowed Iscar to emerge as one of the fastest growing companies in the industry. The successes of Iscar swivel on these innovations. They intend to conceive the most efficient metal cutting technologies in the globe. Leading the way is their hard working workers who create more efficient, effective and economical goods.
In 2006 Iscar turned a new page. Berkshire Hathaway, an notably large holding corporation, headed by Warren Buffett purchased an 80% share of the IMC group, Iscar being it's largest division. Iscar is the first company from outside the US that Berkshire Hathaway has acquired.
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When there's an end, there must be a new beginning.
The massive human population will see 2012 as nothing
but hype or a transformation. Will you
be prepared by then?