Kubota’s Revenue Hits $8.2 Billion
For the year ended Dec. 31, 2022, revenue of Kubota Corp. and its subsidiaries increased by $3.6 billion (+21.9%) from the prior year to $19.97 billion.
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Kubota
Kubota Shifts Production to U.S. and India
Japanese farm equipment maker Kubota is bucking trends by moving production overseas despite a weak yen as it seeks to create a supply system not susceptible to currency market volatility,
Read moreTownline Equipment Expands
Townline Equipment, a Kubota dealership group with five locations in New Hampshire, Vermont and New York, has purchased the Greenville Saw Service Kubota dealership in Greenville, New York.
Read moreJapanese Traditions Celebrated at Opening of Great Plains Facility
Three barrels of sake were broken during an international affair and grand opening at the Japanese parent company of Salina-based Great Plains Manufacturing construction equipment facility.
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Kubota to Launch Electric Tractor in 2023
Kubota Corporation has announced that Kubota will be the first Japanese manufacturer to release electric tractors.
Read moreKubota Reports Six Month Results
Kubota reports revenue up by 14.4% but operating profit dropped by 18% for first six months of 2022.
Read moreKubota Acquires Italian Mower Manufacturer
Kubota announced acquisition of the mower business division of an Italian mower manufacturer.
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Kubota Aims for 2025 Hydrogen-Powered Fuel Cell Tractors
Company plans to release a prototype of the fuel cell tractor in 2023, eyeing the US and European markets where the demand for zero-emissions machinery is booming.
Read moreKubota Equipment Sales Up 28 Percent
In North America, sales of tractors and construction machinery increased significantly due to strong demand along with growth in suburban development.
Read moreCollaboration Expands Between Kubota, Escorts
Kubota’s shares of Escorts will increase from 9 percent to more than 50 percent. The transfer is a step toward establishing a business and investment road map for Escorts Kubota.
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Kubota Invests in Tree Crop Tech
The tech company uses image analysis technology and AI to assess plant growth and detect pests on grape, blueberry, and other tree crops.
Read moreKubota Names New CEO
The newly appointed chief executive has been with Kubota for 32 years. He has worked in the company’s U.S. business as well as held executive roles in Europe.
Read moreKubota Expands Operations in U.S. West
“Elk Grove allows us to remain close to our existing employee base while we expand our operations to better serve our dealer network,” said Western Division Manager Kyle Hagen.
Read moreKubota Seeks to Expand in India
This is part of Kubota’s strategy to double down on the growth potential of the tractor market in India.
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Great Plains – New Salina Project
The rapidly growing company is transforming the 750,000 square-foot structure at 3861 S. Ninth St., into Kubota’s North American Skid Steer Loader (SSL) and Compact Tracked Loader (CTL) Construction Equipment design and manufacturing center.
Read moreMahindra, Kubota Collaborate
The Japanese farming population is aging and shrinking, which is driving a shift to large-scale operations and driving demand for savings on labor and operations.
Read moreKubota Aims to Cut Emissions by 30 Percent
Kubota plans to offer electric versions of mini excavators and compact tractors. The electric equipment will be manufactured in Japan or Germany starting in 2023.
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AgJunction, Kubota Settle Suit
Under the settlement, AgJunction granted Kubota a non-exclusive license in the U.S. and Canada to its patent portfolio in exchange for undisclosed royalty payments from Kubota.
Read moreKubota Ag Sales Down
In the farm and industrial machinery segment, overseas sales, which include North America, declined by 10.5 percent.
Read moreKubota’s Year-End Earnings Show Gains
In the farm and industrial machinery segment, revenue increased by 2.9 percent compared to 2018. Domestic revenues for the segment increased by 3.8 percent.
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AgJunction Charges Kubota with Patent Infringement
Lawsuit alleges that Kubota products violate three AgJunction patents related to automated machine control and implement steering.
Read moreKubota Releases Yearly Earnings Report
For the year ended Dec. 31, consolidated revenue for Kubota Corp. increased by 5.7 percent compared to the previous year.
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