Please select any industry to search for stories on that industry.
Back to Document List  
 Select for DeliveryPrint  Email  Download

Copyright 2018 Plus Media Solutions Private Limited
All Rights Reserved

US Official News
March 7, 2018 Wednesday
193 words
Kubota to Build 3 Engine Plants in the U.S.

Atlanta: Growing Georgia has issued the following news release:

The Japan Times is reporting that Kubota Corp. plans to spend some ¥20 billion (approx. $187 million) to build 3 new plants in the United States in an effort to strengthen overseas operations, Masatoshi Kimata, president of the Japanese construction machinery maker, said in a recent interview.

The new plants are for the production of compact machinery for housing construction, engines for construction machinery, and multipurpose four-wheel vehicles that can be used for agriculture and leisure purposes. Kubota aims to bring the plants online by 2022.
The plant for compact construction machinery will be built in the Midwest, where Kubota has sales and logistic bases, at a cost of up to ¥10 billion. Construction will start next year.
The plants to make construction machinery engines and multipurpose four-wheel vehicles will be built in Georgia with an investment of some ¥5 billion each.
This will mark the start of engine production for Kubota in the United States.

In case of any query regarding this article or other content needs please contact:
March 8, 2018
Back to Document List 
Copyright © 2018 LexisNexis, a division of Reed Elsevier Inc. All Rights Reserved.  
Terms and Conditions   Privacy Policy 

2017 AMT-The Association For Manufacturing Technology
7901 Jones Branch Dr.
Suite 900
McLean, VA 22102-3316
Tel.703-893-2900 Fax 703-893-1151