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Iscar
ISCAR Ltd. is an Israeli multinational metal cutting tools company affiliated with one of the world's largest metalworking conglomerates, the IMC Group (International Metalworking Companies). ISCAR and the IMC Group were acquired by Warren Buffett's Berkshire Hathaway in 2007, becoming one of its largest non-insurance companies. History ISCAR was founded in 1952 by Stef Wertheimer, an Israeli metalworker in his backyard. It was originally located in Nahariya. In 1982, it moved to Migdal Tefen (Tefen industrial zone) near Kfar Vradim in the Upper Galilee. Since its inception, ISCAR has expanded from a single-marketing and manufacturing facility to a multinational company with representation in over 50 countries. In 2007, Berkshire Hathaway, chaired by American investor Warren Buffett, purchased ISCAR and the IMC Group, making it the company's first international acquisition outside the United States. In 2008, Buffett called the acquisition of the IMC Group a "dream deal" that ...
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Stef Wertheimer
Stef Wertheimer ( he, זאב סטף ורטהיימר, born 16 July 1926) is an Israeli billionaire industrialist, investor, philanthropist and former politician. He was a Member of the Knesset, and is known for founding industrial parks in Israel and neighboring countries. The Wertheimers are Israel's richest family as of 2013. Biography Stef (Ze'ev) Wertheimer was born in Kippenheim, Germany to a Jewish family. His family fled to Mandatory Palestine in 1937 to escape Nazism. He studied in the Tel-Nordau School in Tel Aviv but dropped out of school at age 16 and started working in a camera repair store. At the same time, he began studying optics with Professor Emanuel Goldberg, a researcher and inventor who contributed significantly to different aspects of imaging technology in the first half of the twentieth century. In 1943, during World War II, Wertheimer joined the British Royal Air Force. Wertheimer served as an optical equipment technician. He was sent to Bahrain where he ...
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International Metalworking Companies
IMC International Metalworking Companies B.V., otherwise known as IMC Group, is the second largest company for metalworking products. With 14 member companies, today IMC supplies carbide metalworking tools. Together they produces a wide range of carbide inserts, carbide endmills and cutting tools covering all metal cutting applications. The IMC Group is in the automotive, aerospace, die and mold, general engineering, bearing manufacturing and oil and gas industries. Berkshire Hathaway acquisition In 2006, Berkshire Hathaway and Iscar announced Berkshire acquired 80% of the Iscar Metalworking Companies (IMC) at a value for the whole group of US$5 billion. In 2013, Berkshire Hathaway and Iscar announced that Berkshire acquired 20% of IMC and it is now holding 100% of IMC's equity. Subsidiaries Today, the IMC Group has over 130 subsidiaries in 65 countries. Primary Subsidiaries: * ISCAR Metalworking * TaeguTec * Tungaloy Corporation Tungaloy Corporation HQ in Iwaki is a com ...
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Nahariya
Nahariya ( he, נַהֲרִיָּה, ar, نهاريا) is the northernmost coastal city in Israel. In it had a population of . Etymology Nahariya takes its name from the stream of Ga'aton (river is ''nahar'' in Hebrew), which bisects it. History Early Bronze Age The ruins of a 3,400-year-old Bronze Age citadel were found in the coastal city of Nahariya near the beach on Balfour Street, at a site known to archaeologists as ''Khirbet Kabarsa''. The citadel was an administrative center serving the mariners who sailed along the Mediterranean coast. There is evidence of commercial and cultural relations with Cyprus and the rest of the Mediterranean region. The fortress was destroyed four times by conflagration and rebuilt each time. Byzantine period A church from the Byzantine period, dedicated to St. Lazarus, was excavated in the 1970s. It was destroyed by fire, probably at the time of the Persian invasion in 614. British Mandate of Palestine In 1934, work began to found Nahar ...
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State Of Israel
Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated on the southeastern shore of the Mediterranean Sea and the northern shore of the Red Sea, and shares borders with Lebanon to the north, Syria to the northeast, Jordan to the east, and Egypt to the southwest. Israel also is bordered by the Palestinian territories of the West Bank and the Gaza Strip to the east and west, respectively. Tel Aviv is the economic and technological center of the country, while its seat of government is in its proclaimed capital of Jerusalem, although Israeli sovereignty over East Jerusalem is unrecognized internationally. The land held by present-day Israel witnessed some of the earliest human occupations outside Africa and was among the earliest known sites of agriculture. It was inhabited by the Canaanites ...
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Economy Of Israel
The economy of Israel is a developed free-market economy. The prosperity of Israel's advanced economy allows the country to have a sophisticated welfare state, a powerful modern military said to possess a nuclear-weapons capability, modern infrastructure rivaling many Western countries, and a high-technology sector competitively on par with Silicon Valley. Israel ranks 35th on the World Bank's ease of doing business index. It has the second-largest number of startup companies in the world after the United States, and the third-largest number of NASDAQ-listed companies after the U.S. and China. American companies such as Intel, Microsoft, and Apple built their first overseas research and development facilities in Israel. Other high-tech multi-national corporations, such as IBM, Google, Hewlett-Packard, Cisco Systems, Facebook and Motorola have opened R&D centers in the country. The country's major economic sectors are high-technology and industrial manufacturing. The Israeli ...
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Kfar Vradim
Kfar Vradim ( he, כְּפַר וְרָדִים) is a town ( local council) in northern Israel, with a population of 5800 (2018). It is situated south of Ma'alot-Tarshiha and about south of the border with Lebanon. Kfar Vradim is close to Ma'alot-Tarshiha (2 kilometers), Karmiel (16 kilometers) and Nahariya (20 kilometers). In it had a population of . History Kfar Vradim was established in 1984 on the lands of the depopulated Palestinian village of Al-Kabri. It was established by Stef Wertheimer to create an industrial town in rural surroundings. The first families were mostly workers of ISCAR Metalworking, owned by Wertheimer, which manufactures metal blades and high performance cutting tools. Kfar Vradim is located near Ma'alot-Tarshiha and Yanuh-Jat, and is connected to the highway by Road 854. Road 8721 runs through the town, connecting it to Yanuh-Jat. As of 2018, there were contentious plans to build 2,200 new housing units, more than doubling the number of households ...
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Manufacturing Companies Of Israel
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final ...
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Israeli Brands
Israeli may refer to: * Something of, from, or related to the State of Israel * Israelis, citizens or permanent residents of the State of Israel * Modern Hebrew, a language * ''Israeli'' (newspaper), published from 2006 to 2008 * Guni Israeli (born 1984), Israeli basketball player See also * Israelites, the ancient people of the Land of Israel * List of Israelis Israelis ( he, ישראלים ''Yiśraʾelim'') are the citizens or permanent residents of the State of Israel, a multiethnic state populated by people of different ethnic backgrounds. The largest ethnic groups in Israel are Jews (75%), foll ... {{disambiguation Language and nationality disambiguation pages ...
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Manufacturing Companies Established In 1952
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. T ...
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Science And Technology In Israel
Science and technology in Israel is one of the country's most developed sectors. Israel spent 4.3% of its gross domestic product (GDP) on civil research and development in 2015, the highest ratio in the world. In 2019, Israel was ranked the world's fifth most innovative country by the Bloomberg Innovation Index. It ranks thirteenth in the world for scientific output as measured by the number of scientific publications per million citizens. In 2014, Israel's share of scientific articles published worldwide (0.9%) was nine times higher than its share of the global population (0.1%). Israel counts 140 scientists and technicians per 10,000 employees, one of the highest ratios in the world. In comparison, there are 85 per 10,000 in the United States and 83 per 10,000 in Japan. In 2012, Israel counted 8,337 full-time equivalent researchers per million inhabitants. This compares with 3,984 in the US, 6,533 in the Republic of South Korea and 5,195 in Japan. Israel's high technology indu ...
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Upper Galilee
The Upper Galilee ( he, הגליל העליון, ''HaGalil Ha'Elyon''; ar, الجليل الأعلى, ''Al Jaleel Al A'alaa'') is a geographical-political term in use since the end of the Second Temple period. It originally referred to a mountainous area straddling what today is northern Israel and southern Lebanon. The boundaries of this area were the Litani River in the north, the Mediterranean Sea in the west, the Lower Galilee in the south (from which it is separated by the Beit HaKerem Valley), and the upper Jordan River and the Hula Valley in the east. According to the 1st-century historian Josephus, the bounds of Upper Galilee stretched from Bersabe in the Beit HaKerem Valley to Baca (Peki'in) in the north. The extent of this region is approximately 470 km². However, in present-day Israeli usage, the toponym mainly refers only to the northern part of the Galilee that is under Israeli sovereignty. That is, the term today does not include the portion of Southern Leban ...
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Province Of Valladolid
Valladolid () is a Provinces of Spain, province of northwest Spain, in the central part of the Autonomous communities of Spain, autonomous community of Castile-Leon, Castile and León. It has a population of 520,716 people in a total of 225 municipalities, an area of and a population density of 64.19 people per km2. The capital is the city of Valladolid. It is bordered by the provinces of Zamora (province), Zamora, León (province), León, Palencia (province), Palencia, Burgos (province), Burgos, Segovia (province), Segovia, Ávila (province), Ávila, and Salamanca (province), Salamanca. It is thus the only Spanish province surrounded entirely by other provinces of the same autonomous community. It is the only peninsular province which has no mountains. Because the extensive plain on which the province lies is strategically important to overland transport, it is a major communications hub. From a national point of view it connects Madrid with the north of Spain, from Vigo in Gali ...
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