The history of the plant is quite interesting and began back in 1901 in Baku.
Since the times of the Russian Empire and until the beginning of the Great Patriotic War, the plant worked in the territory of the Republic of Azerbaijan and only because of the threat of losing the Caucasus, all the equipment of the plant together with the 745 employees were evacuated to the Bashkir town of Ishimbay, where the plant for many years became a leading city-forming enterprise, a platform for the development and production of the latest equipment for the Soviet oil industry at the time.
In 2014, the IMZ was bankrupted and soon went under the hammer. The plant's capacity was sold off, and the remaining equipment was sold as scrap metal, part of the plant's buildings and grounds were turned into ruins.
In 2019, a team of specialists, not indifferent to the history of a large enterprise, began the process of restoring the production capacity of the plant, were connected communications: electricity / water, gas, heating. The restoration process proceeded at a fast pace, after a small amount of time high-tech equipment was purchased, including CNC machines. Thanks to the design documentation stored in the archive, it was decided to create a design bureau. People of different professions, who learned about the restoration of the plant began to come from different regions of Russia to participate in the continuation of history.