Fecto Group of Industries
The FECTO Group of Industries is a business group in Pakistan. It is currently engaged in such areas of industrial enterprise as Sugar, Tractors, Cement[1], Paper Sack, Particle and Medium Density Fibre Board-(MDF).[2]
It was established in 1952.[3] Fecto Group was founded by Ghulam Muhammad A. Fecto.[3]
[edit]
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[edit]
From 1970 onwards, the group has diversified its activities form trading to industrial production. This started with the acquisition of Adamjee, now Fecto Sugar Mills Limited in early 1975, followed by the establishment of another sugar mill in 1978. That led to establishment of an allied industry as particle and Medium Density Fibre Board-MDF board plant.
Bolstered by its initial successes, the group ventured into progressive manufacturing of agricultural tractors and farm equipment including agricultural implements of various types.
Another major milestone in the group’s forward march was the establishment of a most modern and pollution-free cement plant with 2000 tons per day capacity. This also made way for the launching of such allied industries as two Paper Sack Units that are located not too far from the cement plant.
The Group manages three public-listed and four private companies besides having substantial stakes in many other projects.
Major projects of the group[edit]
- 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 about 5000 people.
References[edit]
- ↑ 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[edit]
- 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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