Kubota to build excavator plant in U.S. and tractor plant in India for $2.2bn

Kubota will build new factories in the U.S. for construction equipment and in India for agricultural equipment, investing around 300 billion yen ($2.2 billion) by 2030, aiming to shift half its production overseas.

“Kubota will build new factories in the U.S. and India for construction and agricultural equipment, respectively, investing a total of around 300 billion yen ($2.2 billion) by 2030.”asia.nikkei.com

• 2 sources
• asia.nikkei.comKubota to build excavator, tractor plants in U.S., India for $2.2bn - Nikkei AsiaNikkei staff writersJul 11, 2022
• afdj.com.auKubota will spend $3.2bn to build tractor and excavator plants in the US and India - Australasian Farmers' & Dealers' JournalelizabethJul 24, 2022

Summarized from public sources; check the original articles before acting on it.