Kubota Raising Its Stake in U.S.; Reports Solid 3Q Results

Kubota is expanding its U.S. manufacturing presence by spending a little over $73 million on a new plant designed to assemble 30-50 horsepower compact tractors. The facility will be located on an existing site in Jefferson, Ga., where Kubota Industrial Equipment Corp. builds tractor implements.

The new 22,000 unit a year facility will create around 200 jobs, adding to the 500 currently employed at the site. It will complement the sub-compact, riding mower and utility…

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