Kubota : Increase in Production Capabilities for Tractor Implements at North American Subsidiary -Responding to Rapidly Increasing Demand in North America via the New and Existing Plants-
June 31, 2022 at 08:12 pm EDT
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Increase in Production Capabilities for Tractor Implements at North American SubsidiaryResponding to Rapidly Increasing Demand in North America via the New and Existing Plants
Jun 1, 2022
Kubota Corporation
Kubota Industrial Equipment Corporation (KIE), a United States subsidiary of the Kubota Corporation (Head Office: Naniwa-ku, Osaka, Japan; President and Representative Director: Yuichi Kitao; hereinafter "Kubota"), will build a new plant to manufacture work equipment to install on tractors (hereinafter "implements") to address the rapidly increasing demand in North America.
Tractor equipped with Front Loader
Tractor equipped with Front Loader and Backhoe
1. Background and Objectives
New tractors sold in North America are often equipped with front loaders for carrying materials like dirt and hay, backhoes for excavation, and other implements. More than 90% of these tractors come equipped with a front loader.
The demand for tractors is rapidly increasing in North America, driven by factors that include a more rapid suburban migration due to the COVID-19 pandemic. This is also heightening the demand for implements. Even though KIE currently does manufacture implements, the demand in North America is exceeding its production capabilities. Anticipating this demand will remain stable in the future, KIE will build a new plant.
The new and existing plants will respond to the tremendous North American demand by increasing the annual implement production capacity from 100,000 units to 210,000 units.
2. About the new plant
Start of operations
August 2024
Location
Gateway Industrial Park in Hall County, Georgia, U.S.A.
Capital
Approx. 18.0 billion yen
Total floor area
Approx. 60,200 m2
About KIE
Company name
Kubota Industrial Equipment Corporation (KIE)
Establishment
November 2004
Representative
Hirohiko Arai
Location
Jackson, Georgia, U.S.A.
Capital
Approx. 2.2 billion yen
Number of employees
Approx. 1,200 (as of April 2022)
Buisiness
Implements for tractors (front loaders, backhoes, bucket) , Mid-Sized Tractors, Construction Equipment
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Kubota Corporation published this content on 01 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 June 2022 00:11:12 UTC.
Kubota Corporation specializes in the manufacturing and marketing of industrial and agricultural machines and water purifying and distribution equipments. Net sales break down by family of products as follows:
- industrial and agricultural machines (84.9%): tractors, harvesters, transplantors, mowers, etc.;
- water purifying and distribution systems (13.9%): ductile cast iron, steel and plastic pipes, valves, recycling pumps, incinerators, ceramic filters, used water purifiers, etc.;
- other (1.2%): industrial pieces, steel tubes, building machines, etc.
Net sales break down geographically as follows: Japan (27.4%), Asia (18.5%), North America (37.3%), Europe (13%) and other (3.8%).
Kubota : Increase in Production Capabilities for Tractor Implements at North American Subsidiary -Responding to Rapidly Increasing Demand in North America via the New and Existing Plants-