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VENIRAN
Iran Tractor Manufacturing Company
On the grounds of economic co-operation between Iran and Romania an agreement was reached in 1966 to establish a tractor manufacturing company in the country. Within this framework Iran Tractor Manufacturing Company (ITMCO) was created in 1968. The company is located in the outskirts of the industrial city of Tabriz in north-west Iran. The initial objective of the company was to manufacture 10,000 units tractors of 45-65 horsepower engines with single and double differential gearboxes.
After eight years of production there was a re-evaluation of the local market requirements and consequently Massey Ferguson of the UK began assembling in 1976 with up-to-date technology and a higher total production capacity rate of 13,000 units per annum. In this scenario it had been decided that a significant number of parts used in assembly should be produced in Iran either by ITMCO itself or its associated organizations. Accordingly there was a requirement to constitute workshops that could satisfy the annual demand of 36,000 units of diesel engines, 35,000 tons foundry capacity of cast iron, and 32,000 tons annual output of forging parts.
Export products of Iran Tractor Manufacturing Company are as follows:
1. ITM 240-2WD 47 HP 2. ITM 285-2WD 75 HP 3 .ITM 285-4WD 75 HP 4. ITM 299-2WD 82HP 5. ITM 299-4WD 82HP 6. ITM 399-2WD 110 HP 7. ITM 399-4WD 110 HP 8. OTM 930 30 HP 9. OTM 938 38 HP 10. Different types of engine 11. Tractor spare parts 12. Transfer of technology
Due to the success of ITMCO products in the domestic market the company began its export activities in the year 1990 and continues to make rigorous endeavors in expanding its export base in the international arena. In line with the increasing demand for ITMCO tractors the production capacity increased to 30,000 units per annum and it is envisaged that it may further increase to 50,000 units per annum in the next 3-5 years. Next
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