It is located at Gazipur, about 40 km from Dhaka Bangladesh Machine Tools Factory Limited was established in 1967.

After the independence of Bangladesh, the factory started renewed operations on 11 February 1979 as a state owned company.

[7] Bangladesh Machine Tools Factory Limited unveiled a car lift system that it had developed in collaboration with Daiei, a Japanese firm.

The development was announced by Major General Anup Kumar Chakma, Master-General of the Ordnance.

The vans were equipped with online surveillance system were handed over to the prison authorities on 30 January 2017.

[16] Bangladesh Machine Tools Factory started construction on three model villages through a 1.54 billion taka project in October 2019.

[21] In April 2020, Bangladesh Machine Tools Factory announced that it will create ventilators of the COVID-19 pandemic with technical support from Massachusetts Institute of Technology.

[25] Army Pharma Limited, a subsidiary of BMTF started production at Shimultali, Joydebpur, Gazipur since 2020.