The Jewish Federation of Nashville reports that U.S. businessman Warren Buffett, has visited his first overseas purchase travelling to an industrial tool manufacturer in northern Israel. Last month the plant was hit by rockets fired by Hezbollah.The article describes how, "Touring the Iscar Metalworking Co., which he bought 80 percent of for US$4 billion sight unseen, Buffett was unfazed by the plant's location in the hills of Galilee."
"I knew where it was when we bought it," he told reporters. "What you have here is a remarkable group of people doing remarkable things in their field, achieving terrific results all over the world from here, based right here, eight miles (12 kilometres) from the Lebanese border."
