Millat Tractors Limited Announces Executive Changes

Millat Tractors Limited is a Pakistan-based company, which is engaged in the manufacturing and marketing of Massey Ferguson tractors under a licensing agreement with AGCO Ltd., United Kingdom; forklift trucks under license from Anul Forlift Trucks, China; diesel engines; diesel generating sets, and a range of allied agricultural and industrial implements. The Company is also involved in the sale, implementation and support of industrial and financial systems applications in Pakistan and abroad. Its segments include tractors, tractor components and castings. Its tractors segment deals with assembling and manufacturing agricultural tractors, implements and multi-application products. The Company's tractor components segment manufactures automotive, agricultural and industrial vehicles parts and components. Its castings segment manufactures castings for tractors and automotive parts. Its agricultural tractors include Millat's MF 240, Millat's MF 350, Millat's MF 260 and Millat MF 360.