HEPCO
Manufacturing company in Arak, Iran
title: "HEPCO" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["manufacturing-companies-established-in-1972", "crane-manufacturers", "iranian-brands", "1972-establishments-in-iran", "mining-equipment-companies", "forklift-truck-manufacturers", "companies-listed-on-the-tehran-stock-exchange", "industrial-machine-manufacturers", "truck-manufacturers-of-iran", "rolling-stock-manufacturers-of-iran", "car-manufacturers-of-iran", "companies-based-in-arak", "companies-of-iran", "manufacturing-companies-of-iran", "iranian-companies-established-in-1972", "construction-equipment-manufacturers-of-iran"] description: "Manufacturing company in Arak, Iran" topic_path: "geography/iran" source: "https://en.wikipedia.org/wiki/HEPCO" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0
::summary Manufacturing company in Arak, Iran ::
::data[format=table title="Infobox company"]
| Field | Value |
|---|---|
| name | HEPCO |
| type | Public |
| foundation | |
| location | Arak, Iran |
| industry | *Heavy equipment |
| products | *Bulldozers |
| homepage | www.hepcoir.com |
| logo_size | 140 |
| area_served | Worldwide |
| :: |
::callout[type=note] the Iranian companies ::
| name = HEPCO | native_name = | logo = | type = Public | slogan = | foundation = | location = Arak, Iran | key_people = | industry = *Heavy equipment
- Agricultural machinery
- Automotive industry
- Energy industry
- Oil industry
- Metal and mining | products = *Bulldozers
- Combines
- Continuous Casting Machine
- Dump Trucks
- Electric Generators
- Excavators
- Forklifts
- Graders
- Industrial Machinery
- Loaders
- Pavers
- Railroad cars
- Road Rollers
- Scrapers
- Shovels
- Tractors
- Trucks
- TBM | revenue = | net_income = | homepage = www.hepcoir.com | logo_size = 140 | area_served = Worldwide | services = ::figure[src="https://upload.wikimedia.org/wikipedia/commons/e/e0/HEPCO_Grader_(1).jpg" caption="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.
History
HEPCO was established and registered in 1972, with the intention of assembly & production of heavy equipment. In 1975 HEPCO resumed operation in its premises in Arak consisting of 1,000,000 square meters of land & 40,000 square meters of production hall in collaboration with manufacturers such as 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.
In 2020, HEPCO signed 5 MOUs with National Iranian Copper Industry Company (NICIC), Mobarakeh Steel Company, Gol Gohar Mining and Industrial Company, Chadormalu Mining and Industrial Company, Mining Investment Insurance Company (MIIC), and Iran Mine House, said Khodadad Gharibpour, the head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) to manufacture 900 road building machines in total during the first and second years.
Privatization
HEPCO was originally established before the Islamic Revolution in Iran in 1979. The company was consequently seized by organizations and persons tied with Islamic Republic officials. Afterwards, the company was sold to the private sector as part of the ruling Islamic Republic privatization plans of 2006, which put Islamic Republic officials and their affiliates in control of the country’s vital businesses. A series of protests took place in intervals since the privatization took place, ending in 2021 when the factory eventually was shut down. The company exported 23 heavy machines to Africa in 2025.
Collapse
After a series of clashes between the factory workers at HEPCO and police, multiple protesters were injured and/or detained by the Iranian anti-riot forces, and, as a result, the headcount of factory workers dropped from 8,000 to nearly 1,000.
Gallery
File:Case IH Sugar Cane Harvester (2).jpg File:HEPCO Grader (2).jpg|Grader HG180D File:HEPCO HWL 110-2 wheel loaders (2).jpg|HWL 110-2 File:HEPCO HWL 110-2 wheel loaders (1).jpg|The parking of HWL 110-2 outside the production line File:Case IH Sugar Cane Harvester (3).jpg|Sugar Cane Harvester File:Case IH Sugar Cane Harvester (1).jpg|Sugar Cane Harvester
References
References
- (2023-08-10). "HEAVY EQUIPMENT PRODUCTION HEPCO COMPANY PUBLIC JOINT STOCK (IRAN)".
- (January 2013). "The Business Year 2013: Iran". The Business Year.
- (2020-07-28). "HEPCO to manufacture equipment, machinery for mining companies". Tehran Times.
- Pashm-Foroush, Sadegh. (2019-01-18). "The collapse of HEPCO: How the Iranian Islamic Republic is destroying the country's vital industries". People's Mojahedin Organization of Iran.
- (2017-09-23). "Iranian Police Defends Beating Labor Protesters". Radio Farda.
- (2025-01-28). "Heavy machinery production in Iran rises by 15%".
- (2019-09-17). "Protesting Workers Battered By Security Forces In Iran". Radio Farda.
::callout[type=info title="Wikipedia Source"] This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page. ::