Al-Fozan Group started out as a single company, Al-Fozan Building Materials, committed to equalizing this supply and demand imbalance. Visionary management and total dedication to quality and customer satisfaction saw the company grow exponentially in size, reputation and product lines.
Firmly established as one of Saudi Arabias leading companies, Al-Forans founders embarked on an ambitious diversification initiative. In 1983, Al-Foran Electrical Materials was formed. After a brief period of consolidating its amrket position, the parent company took its diversification a step further, and in 1991 Al-Fozan Wook Industries came into being. This was followed up by Al-Fozan Architectural Hardware in 19930 and ARC Engineering Consultants in 1994. Keeping pace with market developments, 1996 saw Al-Fozan Steel Industries and Building & Construction Company start operations. In 1999 the Group established Arnon Plastic Industries and in 2001 United Transformers Electric Company (Utec) followed by United Electronics (eXtra) and Projects & Supplies in 2002.
In order to increase diversification of revenue streams, the Group also holds an enquity stake in several affiliate ventures ranging from banks and petrochemical companies, to recycling and consumer retail operations.
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