HEPCO

Last updated
HEPCO
Type Public
Industry
Founded1972;50 years ago (1972)
Headquarters Arak, Iran
Area served
Worldwide
Products
Website www.hepcoir.com
HEPCO motor grader HG180D HEPCO Grader (1).jpg
HEPCO motor grader HG180D

Heavy Equipment Production Company (HEPCO) is an Iranian corporation that manufactures construction equipment, railroad cars, trucks, forklifts and the industrial machinery of oil, gas, energy, metal and mining industries in Arak, HEPCO is the largest heavy equipment manufacturer in the Middle East. This company has 1,500 employees with an annual production capacity of 4,800 units. [1]

Contents

History

HEPCO was established and registered in 1972, with the intention of assembly & production of heavy equipment. [1] In 1975 HEPCO resumed operation in its premises in Arak consistory of 1000,000 square meters of land & 40,000 square meters of production hall in collaboration with licencors; namely : Navistar International, Dynapac, Poclain, Sakai Heavy Industries and Lokomo.

In 1984, HEPCO development project was designed in collaboration with Liebherr & Volvo companies, aiming at fabrication of steel structures of construction equipment.

The project recalled for construction of a 60,000 square meter hall and installation of numbers of modern cutting, welding and milling machines, capable of production 2100 units of equipment, in the first phase. In 1993, HEPCO Engineering & Parts was established, enabling HEPCO to produce more parts and component locally (other that steel structures).

As there was ample capacity in fabrication hall, from 1996 on the Company gradually engaged in fabrication of parts and components for industrial projects, as power stations, oil, gas and petrochemical complexes, portal cranes, etc. The capabilities thus gained, was later consolidated in a new Company in 2002 Energy Equipment Production Co. (Teta), fully owned by HEPCO. Today, HEPCO, together with its subsidiaries, and in collaboration with its world partners is active in production, supply and support of construction, mining and industrial projects.

Today HEPCO has close cooperation with companies Like: Volvo, Komatsu, Liebherr, Hyster, New Holland, XCMG, Ingersoll Rand, Case IH, Case CE, Landini, Siemens, Alstom, Doosan Heavy Industries, Astra, YTO Group, Berco, Carraro and Foton Motor.

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References

  1. 1 2 Ayse, Valentine; Nash, Jason John; Leland, Rice (January 2013). The Business Year 2013: Iran. London, U.K.: The Business Year. p. 92. ISBN   978-1-908180-11-7.