Kubota Corporation has announced that it will invest €55 million in a new R&D Centre in Europe. The new site will be located in Crépy-en-Valois, France and will be fully operational in 2020.
The company says they continue to make significant investments into their expansion throughout Europe and will now invest in a brand-new R&D Centre that will be the Competence Centre of Engineering for agricultural tractor markets, and the base for Kubota’s research activities for tractors in the Europe region.
In a statement the company said, "By establishing a best in class R&D Centre in Europe, embedding up to date engineering and validation tools, Kubota will develop cutting edge technology for our new models to meet the specific requirements of European farmers while keeping the Group’s DNA: reliability, ease of use and best cost of ownership."
As part of Kubota’s globalisation process, Kubota Corporation intends to boost its product development, in line with its aspirations to adapt to the specific needs of its host markets. The new centre plays a vital role in this process, so Kubota will further develop agricultural machinery that is customised to work efficiently and effectively for local crops, field conditions and work processes.
Kubota, already present in more than 110 countries worldwide, say they aim to continue growing internationally, and they believe this latest investment will accelerate this expansion and growth.