OSAKA -- Kubota is building a new construction equipment plant in the U.S. in a bid to tap into wealthy Americans' migration to the suburbs amid the coronavirus pandemic.
The Japanese company is encouraged by the trend of high-income families moving from cities to big homes in the suburbs, and by a recovery in U.S. housing starts. Kubota has already made customers of affluent homeowners who buy small construction machines to do yardwork on their expansive properties.
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