OSAKA -- Japanese construction machinery maker Kubota said Friday that it will build a new factory in Germany to produce mini excavators, planning for a long-term rise in demand in Europe despite an ongoing downturn there.
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Kubota to build excavator plant in Germany despite Europe slump
Factory set to boost capacity 40% as Japanese company eyes future demand
Demand for compact construction equipment is sluggish in Europe, but Kubota expects it to pick up going forward. (Kubota)
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