Iran Combine Manufacturing Company

Iran Combine Manufacturing Company (ICM) 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.

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

History

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

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
  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. "Archived copy". Archived from the original on 2011-07-13. Retrieved 2010-07-27.CS1 maint: archived copy as title (link)
  3. "China to Invest in Iran Combine Manufacturing Co". Thefreelibrary.com. Retrieved 15 August 2018.


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