ISCAR Tools International Trading (Shanghai) Co., Ltd.
Address: No. 750 Huaxi Road, Shanghai
Company website: https://www.iscar.com.cn/
Company Overview
Israel's Iscar Metal Cutting Group (IMC) is one of the world's leading suppliers of metal cutting tools and cutting technology. In May 2006, Berkshire Hathaway, led by Warren Buffett, acquired 80% of IMC's shares for $4 billion, and IMC Group became its important subsidiary; and in May 2013, it acquired the remaining 20% of IMC's shares for $2.05 billion. Founded in 1952, Iscar has grown along with the development of Israel's defense industry. Its technology research and development has always dominated the progress and development of world cutting technology. Iscar is headquartered in TEFEN, Israel, and its subsidiaries and agencies are spread across more than 50 countries around the world. Iscar entered the Chinese market at the end of 1989 and established a branch in China in 1998. At present, China has gradually become Iscar's third largest market in the world. Iscar has a full range of tool products from grooving and cutting to turning, milling, boring, drilling, reaming, etc. In terms of product technology, from the first self-clamping cutter to the "Bawang Knife" that has revolutionized the concept of metal cutting, to the trend-setting spiral blade indexable milling cutter, "Chameleon" drill, "Transformer" milling cutter, "Butterfly" milling cutter, "Flying Saucer" milling cutter, "Hot Wheels" milling cutter and Shumo series. After completing the full range of tool product lines, Iscar has completed product line coverage in various industries - aerospace industry, automotive industry, mold industry, energy industry, railway industry, shipbuilding industry, gear industry, railway industry, bearing industry, machine tool industry, fluid machinery and medical equipment industry, etc., providing complete tool solutions for various industries. In 1998, Iscar's Beijing office was established; in 2000, Iscar Tools International Trading (Shanghai) Co., Ltd. was established, and the first step of localization was completed. After that, the company established a Shanghai warehouse dedicated to serving the Chinese market, striving to provide Chinese users with fast "door-to-door" service. Now, more than a decade later, Iscar China has established 17 branches and 5 liaison offices in Beijing, Shanghai, Shenyang, Changchun, Dalian, Wuhan, Guangzhou and other places, and its service network has covered all major industrial areas in China. At the same time, in order to be closer and more comprehensive to serve customers, Iscar has established a technical center and a non-standard base in Dalian, China. The technical center regularly organizes training for employees and customers, and the on-site machine tool demonstration allows customers to more intuitively experience the excellent performance of Iscar's products; the non-standard base meets the needs of Chinese customers for non-standard products and provides more timely and localized services. In order to better serve users, Iscar continues to expand its production capacity. Iscar has major production plants in 13 countries around the world, specializing in the production of indexable tool bodies, inserts, and solid carbide tools. The factories are located in Israel, Turkey, America, Central Europe, Eastern Europe, and Asia. With the continuous development of the market, Iscar is still constantly adding equipment and personnel to expand production capacity; strive to provide customers with the best and most timely products and services!