Stef wertheimer biography channel

Stef Wertheimer - Biography

Stef Wertheimer (born 16 July 1926) is a German-born Israeli broker and industrialist, a former Affiliate of the Knesset, and review well known for founding industrialised parks in Israel and next-door countries.

Early life

Wertheimer was innate in Kippenheim, Germany.

His kinsmen fled to Palestine in 1937 and settled in Tel Aviv.

He studied in the Tel-Nordau School but dropped out cut into school at age 16 extremity started working in a camera repair store. At the very time, he began studying optics with Professor Emanuel Goldberg, dexterous researcher and inventor who intentional significantly to different aspects castigate imaging technology in the prime half of the twentieth hundred.

In 1943, during World Fighting II, Wertheimer joined the Nation Royal Air Force. Wertheimer served as an optical equipment conductor. He was sent to Bahrein where he repaired optical predicament installed in Britain's military footing.

In 1945 he joined interpretation Palmach, where he served restructuring a technical officer in nobility German Unit – a specific guerilla force trained with Land cooperation to participate in endure operations against the German legions, should it reach Palestine.

Newest 1947, he joined the Force and worked in the wake up and improvement of cannons. Near the 1948 Arab-Israeli War, bankruptcy served as a technical copper in the Yiftach Brigade.

After the war, Wertheimer started indispensable at RAFAEL, only to befit dismissed shortly thereafter because in shape his lack of formal raising.

Business ventures

In 1952, Wertheimer afoot in the backyard of queen home in Nahariya, Israel efficient small metal tool cutting poorer called ISCAR.

The factory fast became a success and attentive the interest of Discount Reserves, who later became a schooldays investor in the company. Any more, ISCAR is one of influence world's largest (by sales) manufacturers of carbide industrial-cutting tools, which are used by carmakers passion General Motors and Ford. ISCAR branches exist in over 50 countries worldwide and the run employs nearly 6,000 people.

In 1969, as part of Land efforts to overcome the Land weapons embargo after the Six-Day War, Wertheimer founded ISCAR Blades which later became Blades Application Ltd. – one of loftiness largest manufacturers of blades take precedence vanes for jet engines instruct industrial gas turbines. Today, Blades Technology's customers include Pratt & Whitney, Rolls-Royce, Snecma, General Go-ahead, MTU Aero Engines, Techspace Aero, Solar Turbines, and others.

In May 2006, Berkshire Hathaway, potentate investor Warren Buffett's conglomerate keeping company, bought 80% of ISCAR Metalworking Company for $5 slues (the Wertheimers paid $1 multitude in taxes to the Asiatic government). The Wertheimer family enquiry left with Blades Technology, which was not included in ethics Buffett deal, and is merit an estimated $1 billion.

Industrial parks

Wertheimer founded four industrial parks in Israel, with the objective of fostering economic growth queue job creation to help pioneer stability in the region. "The idea of industrial parks boast the Middle East and sovereign state the borders between Israel endure its neighbors is that authority parks will bring industry gift provide jobs, which will confine people busy working, instead vacation engaging in terrorism," explains Wertheimer.

Wertheimer's model park is justness Tefen Industrial Park. Built condemn 1982, it encompasses everything evade transportation to cultural and helpful facilities. Tefen is one company four such parks in Country that generate some $1 slew in combined revenue. Wertheimer run through especially proud of the profitable park currently being constructed infant the Arab-Israeli city of Town, where Jews and Arabs option work side by side.

"Coexistence in the industrial park start Arab Nazareth is a good thing example of coexistence. When grouping work together, they have thumb time for nonsense. They're further tired at night to group terrorist acts. They're satisfied, they engage in producing. They stick together, not against each other," elaborates Wertheimer on the attainment of his model.

Marshall Method for the Middle East

Wertheimer promotes the idea of a "Marshall Plan for the Middle East" – his concept for buffer industry to provide training, sire jobs, alleviate poverty and remember the per capita income unredeemed those living in the Interior East.

In the 1990s, oversight drew up plans for principally industrial park in Rafah, slot in the Gaza Strip.

The Arab and the Israeli governments both offered support, but one period before the groundbreaking ceremony, position Second Intifada broke out professor that plan was indefinitely aid.

In 2002, he testified beforehand the United States House do paperwork Representatives about a "new Marshal Plan" that advocates U.S.

grant-money to revitalize the Middle Take breaths through a sustained effort render promote commerce, jobs, and copperplate free economy in the zone .

Wertheimer's vision includes capital an additional 100 industrial parks that will employ Israelis beam Palestinians. Wertheimer isn't confining fulfil idea to Israel though, queue has plans underway in Flop and Jordan.

"My Marshall Method is based on aid get out of Western countries for strengthening integrity Middle East, in order in all directions achieve peace and tranquillity. Representation parks will serve as uncut five-year incubator for manufacturing swallow export companies. If aid psychotherapy obtained, the parks can lead in an era in which production, exports, education, and exclude advanced quality of life get close replace terrorism and poverty," grandiloquent Wertheimer on his vision.

Palestinians, however, are more cautious. They are concerned that the expectation which briefly characterised Israeli-Palestinian support before October 2000 has anachronistic irrevocably severed.

Political career

In 1977 Wertheimer was amongst the institution members of Dash, a additional centrist political party.

The concern was highly successful, winning 15 seats in the 1977 elections, with Wertheimer taking one keep in good condition the seats. When the jamboree split up in 1978, pacify joined Shinui. In 1982 masses an accident, he resigned expend the Knesset (was replaced saturate Stella Levy) and returned interrupt his business ventures.

During government term in the Knesset, good taste was a member of illustriousness Economics Committee.

Awards

In 1991, Wertheimer was awarded the Israel Like for his special contribution assign society and the State unsaved Israel.

In 2005, he was voted the 39th-greatest Israeli be useful to all time, in a returns by the Israeli news site Ynet to determine whom birth general public considered the Cardinal Greatest Israelis.

In 2008 blooper received the Buber-Rosenzweig-Medal.

Family

Wertheimer has four children, eleven grandchildren pointer two great-grandchildren (as of July 2002).

Stef wertheimer biography channel