Kubota Tractor Corp. has broken ground on its new 193,000-square-foot, $50 million corporate headquarters and research and development center in Grapevine, TX.
“This relocation to Texas aligns with our strategic business objectives to strengthen Kubota’s brand in the U.S. marketplace and positions our company for long-term, sustainable growth in North America,” said president and CEO Masato Yoshikawa, in a news release.
The relocation will place Kubota’s leadership and professional staff closer to its major markets and its manufacturing, assembly, and distribution facilities in Georgia and Kansas.
“This is the most significant change we have undertaken in our long and successful history in the U.S., and we are looking forward to further establishing our roots here in Texas,” Yoshikawa said.
The three-story office building will encompass about 125,000 square feet, with a research and development facility spanning 68,000 more square feet at State Highway 121 and Grapevine Mills Boulevard. [CoStar]
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