Incorporated in year 1951, four years after the independence of Pakistan in 1947. Setup by an entrepreneur migrated from India and was the first steel engineering company listed on the stock exchanges of the country in the name of Batala Engineering Company (BECO). Within a period of fifteen years it became leader in light engineering goods manufacturing with European & American technical collaboration and engineers to produce High Quality Machine Tools, Pumps, Power Looms, Concrete Mixers, Cranes, Power Presses, Electric Motors, Bicycles, Steel Rolled Products, Electricity Transmission Towers, Structure and General Fabrication.

The industry was set up in Badami Bagh, Lahore on land area of 34 acres, and whole adjacent area was subsequently converted into steel center of Pakistan. Due to rapid addition of products, the land area became in-sufficient for further expansion. In the same city of Lahore 247 acres land was acquired in 1960 at Kot Lakh Pat industrial zone, for further expansion.

After taken over by the Government in the year 1972 under the economic reforms it was renamed as Pakistan Engineering Company (PECO). The areas focused after take over were Steel Making where three Electric Are Furnaces of 10 tons each, Steel Rolling Mills to roll bigger size steel angles were added in line with prevailing trends. Modern laboratory for Mechanical, Chemicals, Non-Destructive Tests etc. equipped with Universal Tensile Testing, Hardness Brielle & Rockwell, 32 Channels Direct Emission Spectrometer for analysis of Ferrous and non-ferrous base metals, LESCO Carbon & Sulphur Determination, Metallographic, Ultrasonic Flaw Detector, Magnetic Particle Separator was also setup.

For better precision in Steel Structure manufacturing state of the art CNC machines for Punching, marking & Shearing of Steel angles of size upto 150 mm along with copying machine for small plate punching and iron worker’s were installed in the year 1983. The company was thus able to qualify for manufacturing transmission towers up to 500 KV. Two Hot dip Galvanizing Plants were also added to cope up with the increase in production capacity of transmission towers.

Design office was also setup for in house designing of its products and special jobs. The design office is equipped with latest computer aided design and drafting facilities. Highly experienced design engineers in relevant field are available for continuous improvement in designing. Arrangements with reputable international design organizations are available for economical and latest technology based designing.

The Government considered various plans for its revival and it was decided in the year 2002 to re structure the company to make it profitable and attractive for privatization. Under the approved plan, all machines, equipment, steel sheds were shifted from old Badami Bagh works to Kot Lakhpat Works to consolidate at one place, where ample space of 150 acres is still available for further expansion. Products of obsolete technology, obsolete machines / equipment, low efficiency products such as Machine Tools, Power Looms, Bicycle were closed down in the year 2002.

In the year 2003, the Corporate Structure of the company was changed, as some portion of the Government shares was off loaded through stock exchanges to have a Private – Public partnership in order to manage the company operations in efficient manner. Thus private shareholding increased to 67% and Government Share holding 33%. The private share holders elected directors therefore got effective role, which has resulted in efficiency in all areas, and reduced interference in day to day working and decisions. The plan was successful and the company has turned around, and is not only earning profits, but also continuously improving its profitability and financial health. The company share which was selling at below face value of Rs 10 per share, is now selling at Rs 375/- per share. The shareholders are being paid cash dividend much higher than bank rates.

Earnings have been utilized for modernizing the operative production facilities. Two CNC machines for Steel angle Punching, Marking and shearing upto 200 mm size, steel plate punching, marking up to 32 mm thickness extendable to 40 mm thickness and one Hydraulic Shearing machine for Angles, Square and Round Bars, Steel Plate, and cup cutting have been added recently to automize the production facilities, and increase in capacity. With the installation of these machines, the annual production of steel structures on single shift basis is now 30,000 tons.

The other facilities such as Galvanizing, Steel Rolling and Foundry are under extensive renovation and automation. Foreign Consultants have been hired to assist us in modernization.

The company is also studying to add new product lines, such as Electricity Distribution Transformers, Submersible Electric Motors, High Precision Castings & Forgings, Auto Sectors such as CNG Buses, Trailors etc. The company is looking for reputable Technology partners / collaborators in these fields.

	With clients both locally and internationally, we are proud that our services that makes us stand out from the rest in competition, choosing us will ensure long after sales support.