Iran Combine Manufacturing Company (ICM) ( fa, 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

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. 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 A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders a ...

share.

Operations

In 2008, Managing director of Iran Combine Manufacturing said that China had announced readiness to establish a joint venture in the company. ICM products have been exported to China since 1984, and since then, the company's distribution network has expanded to include Kazakhstan, Tajikistan, Pakistan, Afghanistan, Iraq, Uzbekistan, Zimbabwe, Spain and Venezuela.

References

External links

Iran Combine Manufacturing Company
Iranian brands Companies listed on the Tehran Stock Exchange {{industry-company-stub Companies based in Arak Iranian companies established in 1969 Manufacturing companies of Iran Agriculture companies of Iran Iranian entities subject to the U.S. Department of the Treasury sanctions