Farm and construction equipment maker plans $140 million plant in Georgia
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A maker of agricultural and construction equipment plans to produce front-end loaders at a new plant in Georgia, officials said. Kubota Corp. is expected to invest $140 million in the Gainesville plant, Associated Press reports. Construction is expected to begin this year and the plant is scheduled to open in 2024.
The Japanese company already operates numerous facilities in northern Georgia, including an existing mower and tractor plant in Gainesville and a loader and backhoe facility near Jefferson. Company officials said the new Gainesville facility will allow the Jefferson plant to manufacture more attachments and implements for tractors and construction equipment.
“Overall, the agriculture industry and the agricultural industry for the number of tractors – the market is growing, and for Kubota, North America is our biggest market now,” said Phil Sutton, vice -president of American manufacturing company, to the Gainesville Times.
The company’s regional operations are based in Suwanee, Georgia, and Kubota opened a new research and development facility in Gainesville earlier this year. The newly announced plant is expected to add 500 jobs to Kubota’s local workforce of some 3,000 people.
Kubota operates other US sites in Texas and Illinois.
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