Fecto Group of Industries
The FECTO Group of Industries is a business group in Pakistan. It is currently engaged in industrial enterprises such as sugar, tractors, cement[1], paper sacks, particleboard, and medium-density fibreboard (MDF).[2]
It was established in 1952.[3] Fecto Group was founded by Ghulam Muhammad A. Fecto.[3]
The following are the Directors of the Group:
- Munawar Ali Fecto
- Mohammed Raza Fecto
- Mohammed Yasin Fecto[3]
- Mohammed Asad Fecto[3]
- Kaiser Mahmood Fecto
An engine of national economic growth
From 1970 onwards, the group diversified its activities from trading to industrial production. This began with the acquisition of Adamjee, now Fecto Sugar Mills Limited in early 1975, followed by the establishment of another sugar mill in 1978. This led to the establishment of an allied particleboard and medium-density fiberboard (MDF) board plant.
Bolstered by its initial successes, the group ventured into the progressive manufacturing of agricultural tractors and farm equipment, including various types of agricultural implements.
Another major milestone in the group's progress was the establishment of a state-of-the-art, pollution-free cement plant with a capacity of 2000 tons per day. This also facilitated the launching of allied industries, including two paper sack units located near the cement plant.
The Group manages three publicly listed and four privately held companies, besides having substantial stakes in many other projects.
Major projects of the group
- Fecto Sugar Mills Limited (established 1972)[2]
- Baba Farid Sugar Mills Limited[3]
- Fecto Belarus Tractors Limited (established 1972)
- Fecto Cement Limited (established 1972)[2][4]
- Frontier Paper Products (Private) Limited
- Gadoon Paper Products (Private) Limited (established 1972)[2]
- Fecto Boards (Private) Limited (established 1972)[3]
- Ghulam Muhammad Fecto Foundation
The Group currently employs approximately 5000 people.
References
- ↑ Cement Plants located in Pakistan on CemNet.com website (The home of International Cement Review database), Retrieved 15 September 2017
- ↑ 2.0 2.1 2.2 2.3 History of Fecto Group of Industries, fectogroup.com website, Retrieved 15 September 2017
- ↑ 3.0 3.1 3.2 3.3 3.4 3.5 Profile of Fecto Group of Industries on Business Recorder newspaper, Published 28 July 2016, Retrieved 15 September 2017
- ↑ Fecto Cement keen to buy Dewan Cement's northern plant, The News International (newspaper), Published 14 December 2016, Retrieved 15 September 2017
External links
- Fecto Group of Industries on Pakistan Business Journal website
- Company Overview of FECTO Group of Industries on Bloomberg.com website, Retrieved 15 September 2017
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