# Takeuchi buys former KOBELCO plant in South Carolina for $34.35M

Takeuchi agreed to purchase the former KOBELCO plant in Moore, South Carolina, for $34.35 million. It plans to begin manufacturing compact track loaders at the plant by the end of the year, boosting U.S. production capacity by about 40%.

- Type: Acquisition
- Announced: 2022-02-28
- Where: Moore, South Carolina, United States
- Value: $34.4M
- Status: announced
- Products: compact track loaders
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Kobelco](https://endata.com/companies/27063.md) (target)
- [Takeuchi](https://endata.com/companies/61339.md) (acquirer)

## Sources

- [constructionequipment.com](https://www.constructionequipment.com/home/news/10759634/takeuchi-buys-former-kobelco-plant-in-south-carolina), 2022-02-28: "Takeuchi has experienced its greatest demand for compact track loaders right here in North America."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.