KUBOTA ANNOUNCE NEW FACTORY

Kubota have announced they intend to build a new plant to manufacture implements to install on tractors, to "address the rapidly increasing demand in North America."

The new facility will be located in Hall County, Georgia, U.S.A and is due to be operational by August 2024. It's total floor space will be approximately 60,200m2 and will require an investment of 18.0 billion yen (around £107m).

In an official statement Kubota Corporation said, "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."