Pakistan Engineering Company
 | |
| Type | Public |
|---|---|
| PSX: PECO | |
| Industry | Engineering |
| Founded | 1950[1] |
| Founder | CM Latif[2] |
| Headquarters | Lahore, Pakistan |
| Website | www |
Pakistan Engineering Company Limited (PECO), previously known as Batala Engineering Company (BECO), (پاکستان انجینئرنگ کمپنی is a Pakistani engineering company based in Lahore, Pakistan.[2] It formerly manufactured diesel engines, aircraft parts, and other materials which they exported abroad before nationalization.[3]
It was established by CM Latif in Batala, East Punjab, British India. After the formation of Pakistan, he moved his industrial base to Lahore, Pakistan.[2] The company was formed in 1950.[2] Originally, the company started dealing in scrap, later expanding into manufacturing chaff-cutters.[4]
In 1972, the company was nationalized by Zulfikar Ali Bhutto government and was subsequently renamed to Pakistan Engineering Company.[2]
References[]
- ^ "Will stock broker Arif Habib defeat the Government of Pakistan in the battle for control over PECO?". 11 March 2019.
- ^ a b c d e "Pakistan Engineering Company Limited". 11 October 2017.
- ^ https://www.thenews.com.pk/tns/detail/566883-managing-state-owned-enterprises
- ^ Latif, Manzar (2009). "The legend - C.M. Latif". Beco Peco. Retrieved 27 April 2021.
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