ISCAR Metalworking: Difference between revisions
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'''Iscar Metalworking''' is a toolmaking company based in [[Israel]], founded by [[Stef Wertheimer]]. |
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An 80% stake of the company was purchased by [[Berkshire Hathaway]] in May [[2006]] for the price of [[United States dollar|US$]]4 billion in its first-ever acquisition outside the U.S. Berkshire Hathaway is chaired by [[Warren Buffett]]. Utilizing modern technology Iscar's factory is controlled by one person sitting at his home computer.<ref>{{citeweb | url=http://www.timesonline.co.uk/tol/news/world/middle_east/article1803568.ece | title=State of siege: Israel flourishes amid the bombs | accessdate=2007-05-21}}</ref> |
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In 2008, Warren Buffett called the acquisition of Iscar a "dream deal" that surpassed all his expectations. He personally attended the inauguration of a new production plant in Dalian, China. Iscar also has production facilities in South Korea.<ref>http://www.haaretz.com/hasen/spages/916797.html</ref> |
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== External links == |
== External links == |
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==References== |
==References== |
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Revision as of 21:01, 28 January 2008
Iscar Metalworking is a toolmaking company based in Israel, founded by Stef Wertheimer.
An 80% stake of the company was purchased by Berkshire Hathaway in May 2006 for the price of US$4 billion in its first-ever acquisition outside the U.S. Berkshire Hathaway is chaired by Warren Buffett. Utilizing modern technology Iscar's factory is controlled by one person sitting at his home computer.[1]
In 2008, Warren Buffett called the acquisition of Iscar a "dream deal" that surpassed all his expectations. He personally attended the inauguration of a new production plant in Dalian, China. Iscar also has production facilities in South Korea.[2]
External links
- Iscar Cutting Tools Iscar's Website
- Buffett Takes a Cut of Iscar/ By Neal Sandler - from Businessweek online
References
- ^ "State of siege: Israel flourishes amid the bombs". Retrieved 2007-05-21.
- ^ http://www.haaretz.com/hasen/spages/916797.html
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