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From humble beginnings Iscar is at present one of the world's principal producers of cutting tools. Stef Wertheimer founded Iscar in 1952 in his garage. After several year and many expansions Iscar moved to it's current location in the Tefen Industrial Zone located in Israel's Western Galilee. Since it's conception Iscar has expanded from a sole market to having representation in over 50 countries world wide.

Iscar's state of the art facility utilizes complex and completely automatic CNC milling and turning machines to produce tooling round the clock. The design of the buildings allows for adaptability in the manufacturing process. Within a matter of hours a separate product can be put into production. Automation has been a key to the achievements of Iscar. The facility uses pick & place robots as well as Automatic Guided Vehicles that are remote controlled by a central production computer, products are taken about the facility in this method.

Iscar strives to be a leader in the cutting tool industry. Every year Iscar uses about 10% of it's total resources to research and development. Iscar feels that innovation is a way of existence. Every day new innovations are shaped by all levels of staff. Research and development isn't reserved to simply tooling. Iscar is continually looking for new, more suitable and more cost effective ways of achieving things. These innovations have accorded Iscar to develop into one of the fastest growing companies in the business. The successes of Iscar pivot on these innovations. They intend to produce the most proficient metal cutting technologies in the world. Piloting the way is their hard working faculty who establish more efficient, operative and economical products.

In 2006 Iscar turned a new page. Berkshire Hathaway, an extremely large holding firm, administrated by Warren Buffett bought an 80% share of the IMC group, Iscar being it's biggest affiliate. Iscar is the first business from outside the US that Berkshire Hathaway has acquired.

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