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by
Aliza Davidovit |
For the past 20 years, Werthheimer has been the president of Iscar Metalworking, the leading manufacturer of advanced machine tools in the world. The company’s constant innovations keep it a world leader in the automotive, aerospace, and die and mold production industries. Heading an Israeli company, Werthheimer found it challenging to make acquisitions abroad, and felt that a strategic partner was necessary. In May 2006, 80% of Iscar Metalworking was sold to Warren Buffet for $4 billion dollars, which made major headlines across the world. Wertheimer hopes that Iscar will serve as a role model for future foreign investment by entrepreneurs from other democratic countries.
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