KUBOTA TO OPEN TRACTOR FACTORY IN FRANCE

KUBOTA TO OPEN TRACTOR FACTORY IN FRANCE

Plans to build 3000 units a year Construction due to commence in December 2014, with manufacture to start April 2015.

has announced that it is to start work on a tractor factory in Northern France, near Dunkerque, in December of 2014. Mass production is expected to commence in April 2015.

The company is investing 40,300,000 Euros in the project. Once fully operational the plant is expected to produce 3,000 upland farming tractors (130 to 170 horsepower) per year, for Europe, North America, Australia and Japan.

A statement by Kubota President and CEO, Yasuo Masumoto said "It is our aim to become an all-round agricultural machine manufacturer to compete with global companies in both the rice cultivation and upland crop markets. Ahead of our entry into the upland crop market, we acquired Kverneland SA last May, and this new tractor plant will help us expand our business in this sector"

Date Added: 15 December 2013

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