Director
The plant was founded in 1964–1965. It became one of the key industrial enterprises of Charentsavan (then known as Lusavan), alongside the Machine Tool Plant and the Centrolit Foundry.
The enterprise specialized in the production of a wide range of metal-cutting tools. At that time, the plant was equipped with state-of-the-art machinery supplied by leading international manufacturers such as HECKERT, Reform, Carl Zeiss, and Klingelnberg.
During the 1970s and 1980s, Charentsavan was known as a “city of factories.” The city’s major industrial enterprises—including the Tool-Making Plant, the Machine Tool Plant, and Centrolit—employed between 1,000 and 3,000 workers each.
By the late 1980s, the city’s population had reached its peak of approximately 33,000 residents. Since the industrial zone occupied up to 70% of the city’s territory and the city itself had been built primarily for industrial workers, the overwhelming majority of the adult population was employed in manufacturing.
For example, the neighboring Machine Tool Plant employed more than 1,000 workers during its peak years. The Tool-Making Plant, being a high-technology enterprise serving the entire Soviet Union, maintained a workforce of approximately 2,100–2,400 employees.
The extensive structure of the Charentsavan Tool-Making Plant during the Soviet era was not limited to its main facility in Charentsavan. To expand production capacity and support the social needs of employees, a network of branches and recreational facilities was established.
During the Soviet period, the Armenian machine-tool and tool-making industry included several regional divisions. The Charentsavan Tool-Making Plant operated two major branches:
Kurtan Branch (Lori Province)
This branch was established to provide employment opportunities for residents of northern Armenia.
Yeranos Branch (Gegharkunik Province)
The Yeranos branch functioned as an additional production base, focusing on specialized manufacturing orders and the assembly of tool components.
Like many leading enterprises of the Soviet Union, the plant maintained its own recreational and wellness facilities for employees and their families.
“Lusabats” (“Dawn”) Mountain Camp and Holiday Resort
Located in the picturesque and environmentally clean village of Ankavan in Kotayk Province, the Lusabats camp served generations of plant employees and their families during the Soviet period.
Current Status:
The Lusabats facility continues to operate actively today. In addition to hosting plant-related groups, it serves an important social role by accommodating children's camps, language schools, and national summer recreation programs.
In 1994, during the privatization process, the plant was reorganized into an Open Joint-Stock Company (OJSC).
Following the collapse of the Soviet Union and the economic crisis of the 1990s, much of Charentsavan’s industrial sector declined, and many factories were closed. However, the Charentsavan Tool-Making Plant survived by reducing its production capacity rather than ceasing operations.
Today, the enterprise continues to operate as OJSC “Charentsavan Tool-Making Plant” and positions itself as the only manufacturer of metal-cutting tools in the region.
Historically and to the present day, the plant specializes in:
High-precision metal-cutting tools, including broaches, gear-cutting tools, and high-speed steel tools.
Spare parts for machinery, mechanisms, and agricultural equipment.
Complex machining operations involving large-scale components and the development of advanced manufacturing technologies.
The plant manufactures not only standard tools but also complex industrial components, including:
Gear-cutting tools, gears, and gear wheels.
Railway equipment, spare parts, and assemblies for rolling stock.
Mining and road-construction machinery components, including shafts and specialized parts.
Jewelry industry tools and equipment.
During the Soviet era, the plant was among the largest enterprises in Charentsavan. Together with the Machine Tool Plant, it formed the backbone of the Armenian SSR’s machine-building industry, which accounted for approximately 67% of Charentsavan’s industrial output.
In the 1970s, the plant operated as part of a large industrial tool-manufacturing association, enabling centralized supply of tooling products to enterprises throughout the Soviet Union.
Despite the overall decline of the industrial zone, the plant has preserved its production capabilities and continues to operate as OJSC “Charentsavan Tool-Making Plant”, also referred to internationally as Charentsavan Precision Tool-Making Plant.
As of 2024–2026, the workforce is estimated to range between 110 and 250 employees.
The plant is located at 1 Meltonyan Street, within Charentsavan’s main industrial zone, which occupies approximately 70% of the city’s territory.
Nearby industrial facilities include the Centrolit Foundry and ASKE Group (formerly “Autolit”), which currently specializes in recycling scrap metal and manufacturing reinforcing steel products.