International Metalworking Companies

Last updated


IMC Group
Company type Subsidiary
IndustryManufacturing
Founder Stef Wertheimer
Headquarters Galilee, Israel
Key people
Jacob Harpaz (chairman and president) [1]
Number of employees
14,000+
Parent Berkshire Hathaway

IMC International Metalworking Companies B.V., otherwise known as IMC Group, is the holding company of several worldwide manufacturers of metal cutting tools. Together they produce a wide range of carbide inserts, carbide endmills and cutting tools covering all metal cutting applications. The IMC Group is in the automotive, aerospace, die and mold, general engineering, bearing manufacturing and energy industries.

The IMC Group is the world's second-largest conglomerate in the field of metalworking products. Comprising over 180 companies, it supplies a comprehensive and dynamic range of precision carbide metalworking tools.

IMC member companies produce a wide selection of carbide inserts, carbide end mills, and cutting tools that cover most metal-cutting applications. In addition, they provide engineering and manufacturing solutions to major industries across the globe. Specialists for each major industry collaborate within their respective divisions, allowing each company to focus on its area of expertise. Local specialists are available for on-site customer assistance, ensuring tailored support. Many innovative products, developed to meet customer-specific requirements, have helped make the IMC Group a global leader in the automotive, aerospace, and die and mold industries. Today, the IMC Group is owned by Berkshire Hathaway and operates with over 180 subsidiaries in 60 countries worldwide.

Berkshire Hathaway Inc. is a multinational holding company headquartered in Omaha, Nebraska, USA. The company is known for the leadership of Warren Buffett — its Chairman of the Board, President, and Chief Executive Officer — who is regarded as one of the most renowned investors in history. Early in Buffett's tenure, Berkshire focused on long-term investments in publicly traded companies; in more recent years, the strategy has shifted toward acquiring entire businesses. Today, Berkshire Hathaway owns a diverse portfolio of companies and ranks as the fifth-largest public company in the world.

Subsidiaries

Today, the IMC Group has over 180 subsidiaries in 65 countries.

Primary subsidiaries:

References

  1. "To Increase Productivity and Profits of Customers: Interview with Jacob Harpaz, Chairman and President of IMC Group | Industry and Manufacturing News Archive | SEISANZAI Japan". seisanzai-japan.com. Retrieved 2024-06-12.
  2. "ISCAR Overview". www.iscar.com. Retrieved 2024-06-12.
  3. "TaeguTec Member IMC Group". imc-companies.com. Retrieved 2024-06-12.
  4. "ISCAR Overview". www.iscar.de. Retrieved 2024-06-12.