International Metalworking Companies

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IMC International Metalworking Companies B.V., otherwise known as IMC Group, is the second largest company for metalworking products. With 14 member companies, today they supply a comprehensive line of precision carbide metalworking tools. Together they produce a wide range of carbide inserts, carbide endmills and cutting tools covering most metal cutting applications, in addition to providing engineering and manufacturing solutions to major industries throughout the world. The IMC Group is a world leader in the automotive, aerospace and die and mold industries.

Today, the IMC Group has over 130 subsidiaries in 65 countries.

IMC Group
Subsidiary
IndustryManufacturing
FounderStef Wertheimer
HeadquartersGalilee, Israel
Key people
Jacob Harpaz (President and CEO)
Number of employees
13,000+
ParentBerkshire Hathaway
SubsidiariesIscar, TaeguTec, Tungaloy, Ingersoll, etc.
Websitehttp://www.imc-companies.com

Berkshire Hathaway acquisition[edit]

In 2006, Berkshire Hathaway and Iscar announced Berskhire would acquire 80% of the Iscar Metalworking Companies (IMC) at a value for the whole group of US$5 billion.[1]

IMC Member Companies[edit]

External links[edit]

References[edit]

  1. ^ "Berkshire Hathaway Inc. - Iscar Ltd. Joint News Release; Berkshire Hathaway to Acquire Iscar Metalworking Companies", www.berkshirehathaway.com (press release), 5 May 2006