The Argo Factory, part of the Pejman Foundation's network, was once a major drink manufacturing plant in Tehran. Constructed in the early 1920s, it flourished during the 1960s and 1970s before falling into neglect for almost four decades. In 2016, the Pejman Foundation acquired and refurbished the factory, repurposing it into a Contemporary Art Museum & Cultural Centre. This transformation preserved its historic and architectural significance while revitalizing it as a hub for contemporary art. Today, the Argo Factory stands as a testament to the foundation's commitment to cultural preservation and innovation in Tehran.
