Iscar’s Sales are Recovering; Wertheimer Looks at Expansion Possibilities
Berkshire Hathaway's purchase of an 80 percent stake in Iscar Metalworking for $4 billion in 2006 represented Warren Buffett's first purchase of a foreign subsidiary. With exposure to the depressed industrial sector of the global economy, Iscar's sales suffered during ...
Iscar Chairman Eitan Wertheimer Interview
In this Fox Business News video, Iscar Chairman Eitan Wertheimer comments on the impact of the global recession on his company. Mr. Wertheimer discusses how lower automobile production will impact Iscar as well as his ability to avoid layoffs up ...