From a corporate wreck at the time of privatization in December 8,1991, to the present Corporate Excellence, Al- Ghazi Tractors Ltd. is a case study of rollicking corporate successes. Located at Dera Ghazi Khan, the AGTL plant for the manufacture of New Holland Tractors in collaboration with CNH is a hallmark of engineering dynamics.With the distinction of having achieved the highest local content in Pakistan's automobile industy, producing 92% of the parts locally, quality is AGTL's most -enduring competitive edge. With no short cuts to distinction, AGTL operates with a disciplined focus on all management activities - the most important asset being its human capital: the customers, the employees and the investors - for AGTL believes that this human capital does not depreciate with time. The management works to ensure that all vendors, dealers, shareholders, employees, share in the Company's growth and prosperity Making the best use of the human, financial and material resources available to the organization and giving value to these resources, AGTL's continued success is the result of an ongoing struggle to raise local efficiencies, control spending and cut costs. Effort is made to make each process efficient, to drive down cost per tractor.