Japan's Kubota to Build R&D Center in Georgia
Osaka, July 24 (Jiji Press)--Kubota Corp. <6326> said Wednesday it will spend some 9 billion yen to establish a research and development center for lawn mowers and utility vehicles in the U.S. state of Georgia.
With the center, set to open in April 2022, the Japanese machinery maker hopes to reduce the time needed for product commercialization.
It also aims to meet needs in the North American market more swiftly, such as by releasing products that withstand cold weather in the region.
Kubota has been developing some of its mowers at Kubota Manufacturing of America Corp., also in Georgia.
The Osaka-based parent aims to expand annual sales at the group's mower and utility vehicle business to 150 billion yen by 2027 from last year's 96.8 billion yen.
[Copyright The Jiji Press, Ltd.]