From humble beginnings Iscar is presently one of the world's foremost builders of cutting tools. Stef Wertheimer started Iscar in 1952 in his garage. After many year and numerous expansions Iscar relocated to it's current local in the Tefen Industrial Zone located in Israel's Western Galilee. Since it's inception Iscar has expanded from a single market to having representation in more than 50 countries world wide.

Iscar's state of the art plant utilizes complex and fully automatic CNC milling and turning machines to devise tooling round the clock. The configuration of the buildings allows for flexibility in the manufacturing procedure. Within a matter of hours a different product can be placed into production. Automation has been a critical point to the accomplishments of Iscar. The facility uses pick & place robots as well as Automatic Guided Vehicles that are remotely controlled by a central production computer, products are moved about the plant in this style.

Iscar strives to be a leader in the cutting tool business. Every year Iscar uses about 10% of it's total resources to research and development. Iscar believes that innovation is a way of life. Every day new changes are shaped by all levels of faculty. Research and development isn't bounded to simply tooling. Iscar is regularly looking for revolutionary, more efficient and increased cost effective ways of doing things. These innovations have accorded Iscar to develop into one of the fastest developing companies in the business. The successes of Iscar hinge on these innovations. They strive to produce the most proficient metal cutting technologies in the planet. Leading the way is their hard working workers who establish more efficient, effective and economical goods.

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