From humble beginnings Iscar is currently one of the world's principal manufacturers of cutting tools. Stef Wertheimer founded Iscar in 1952 in his garage. After numerous year and several expansions Iscar moved to it's current location in the Tefen Industrial Zone seated 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 uses sophisticated and completely automatic CNC milling & turning machines to produce tooling around the clock. The design of the plant allows for adaptability in the manufacturing procedure. Within a matter of hours a separate goods can be placed into production. Automation has been a key to the accomplishment 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 hauled about the facility in this fashion.

Iscar strives to be a leader in the cutting tool business. Every year Iscar uses about 10% of it's total assets to research and development. Iscar believes that innovation is a way of existence. Every day new changes are fashioned by all levels of staff. Research and development isn't limited to merely tooling. Iscar is constantly looking for different, more suitable and increased cost effective ways of accomplishing things. These innovations have permitted Iscar to become one of the fastest expanding companies in the business. The successes of Iscar depend on these innovations. They plan to create the most proficient metal cutting technologies in the marketplace. Leading the way is their hard working employees who fabricate more efficient, effective and economical goods.

In 2006 Iscar turned a brand new page. Berkshire Hathaway, an remarkably large holding corporation, headed by Warren Buffett bought an 80% share of the IMC group, Iscar being it's largest affiliate. Iscar is the first company from outside the US that Berkshire Hathaway has acquired.