Iran Combine Manufacturing Company

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Iran Combine Manufacturing Company (ICM)
Company typePublic company
TSE: COMB1
ISIN: IRO1COMB0003
IndustryAgricultural Machinery
Heavy equipment
Founded1969; 55 years ago (1969)
HeadquartersArak, Iran
Area served
Worldwide
Key people
Mohammad Jafar Safavid (Chairman & CEO)
Products
OwnerAstan Quds Razavi (67%)[1]
Websitewww.irancombine.com

Iran Combine Manufacturing Company (ICM) (Persian: کمباین‌سازی ایران) is the largest combine manufacturer in the Middle East that is located in Arak. ICM was established in 1969 under license of American John Deere.

History[edit]

Iran combine Manufacturing Co. was established and registered in 1969 under the name of Jansaz (Ltd) and started production of agricultural machinery with a capacity of 20,000 tones per annum.[2]

In 1970, the company was sold to a consortium led by American company John Deere, eventually changing its name to "Iran John Deere". However, in 1982, the company's ownership was changed to a joint stock share.[2]

Operations[edit]

In 2008, Managing director of Iran Combine Manufacturing said that China had announced readiness to establish a joint venture in the company.[3]

ICM products have been exported to China since 1984,[3] and since then, the company's distribution network has expanded to include Kazakhstan, Tajikistan, Pakistan, Afghanistan, Iraq, Uzbekistan, Zimbabwe, Spain and Venezuela.[3]

References[edit]

  1. ^ پیش بینی درآمد هر سهم سال مالی منتهی به 1390/12/29 دوره 9 ماهه (PDF). codal.ir (in Persian). Iran Combine. Archived from the original (PDF) on 2012-03-16. Retrieved 2012-05-26.
  2. ^ a b "The Irancombine Home Page". Archived from the original on 2011-07-13. Retrieved 2010-07-27.
  3. ^ a b c "China to Invest in Iran Combine Manufacturing Co". Thefreelibrary.com. Retrieved 15 August 2018.

External links[edit]