| Company type | Public company |
|---|---|
| Industry | Agricultural machinery |
| Founded | Tabriz (1968; 58 years ago (1968))[1] |
| Headquarters | Tabriz,Iran |
Area served | Worldwide |
| Products | Tractors Diesel engines |
| Services | Parts, service, finance |
Number of employees | 5,000[2] |
| Website | itmco.ir |
Iran Tractor Manufacturing Company (Persian:شرکت تراکتورسازی ایران) also known asITMCO, is a manufacturer of tractors, trucks, vehicle parts and diesel engines with its main site and headquarters inTabriz,Iran.[1] ITMCO is listed among the 100 fortune companies of Iran.[clarification needed][3] Tractor Manufacturing Company ownedTractor sport club from 1968 to 2011.
Based on an agreement in 1966 between Iran andRomania to establish a tractor manufacturer in Iran, the company was created in Tabriz in 1968. The first goal was to manufacture 10,000 units tractors of 45-65horsepowerengines with single and double differentialgearboxes. In 1976Massey Ferguson started to assemble tractors in the company with an output of 13,000 units for each year; production capacity was subsequently increased to 30,000.[1]
As of 2021, ITMC has 12 subsidiaries which contract out many tasks to 800 domestic parts manufacturers employing 200,000 people. ITMC also builds engines for various machines, including graders, compressors, water pumps, generators, forklifts, combine harvesters and road construction vehicles. ITMC makes 90% of the parts inside of Iran.[citation needed]
Iran Tractor Manufacturing Company has qualified forISO 9001, and has also received awards for quality and exports.[1]
Iran Tractor Manufacturing Company is exporting 13 different products to ten countries, including in Europe.[1]