Friday, May 05, 2006

Berkshire Buys 80% of Iscar Metalworking of Israel

Iscar is a manufacturer of high precision carbide cutting tools for most applications in the metal cutting industry.

The company apparently has a reputation for innovation with half of its sales coming from products developed in the last five years as well as being a business that spends 10% of revenues on R&D.

Hopefully, we will learn more tomorrow at the meeting.


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