Kubota to build excavator, tractor plants in U.S., India for $2.2bn

Japan equipment maker to lift local production amid supply chain snags

Kubota's excavator: The Japanese company makes these machines at a plant in Osaka Prefecture. It plans to start making them in the U.S. by 2030. (Photo courtesy of Kubota)

Nikkei staff writers

July 11, 2022 18:11 JST

OSAKA -- 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, Nikkei has learned, as it works to shift half its production overseas, up from 30% at present.