After much speculation and talk of acquisition (Ag Equipment Intelligence, August 2013), Kubota Corp. has confirmed that it will enter higher horsepower sectors than it currently serves by building tractors up to 170 horsepower.
The Japanese machinery giant has detailed plans for a new manufacturing facility in France that is scheduled to begin production in less than 18 months to supply markets in Europe, North America, Australia and Japan.
In Europe at least…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.
