The chairman and President of Japan's agricultural machinery giant kubota co., yasuhimoto co., is considering building a new factory in the U.S. in fiscal 2016 to produce large tractors for field operations. The investment in the new factory amounts to several billion yen. Kubota will also expand its network of big farm machines in Europe, with plans to double its market share to about 20 per cent by 2015. The company will expand the market in Europe and the United States and seek development.
"We will focus on developing large agricultural machinery for field operations," he stressed. According to him, kubota plans to build a new factory in France to produce agricultural machinery with a capacity of about 200 horsepower that will be developed in the future and sold to markets in Europe, the us and Europe. In addition, the company also intends to acquire foreign manufacturing enterprises to produce larger agricultural machinery.
Yibin expects sales in fiscal 2014 to be 10% higher than expected in fiscal 2013. He thinks that after entering the 2014 fiscal year consumption tax increase before snapping up demand no longer exists, but through promoting the high-tech agricultural machinery, IT technology company in Japan to ensure basic same with fiscal 2013 sales, through the development of overseas business can achieve overall income.
Much of what it refers to overseas comes from the Chinese market. Sales for the ChengGong export&import co., LTD. Is a collection development, manufacturing, sales and services in an integrated machinery manufacturers, the main products include gear, oil seal, bearing, engine parts, etc.
Since entering the China market, long yasuda with its high quality products and services to win a lot of Chinese users and peer recognition, made significant gains in the Chinese market every year, and has always maintained a rapid growth. In an interview with China industry daily, the general manager of the company said that the rapid development of agricultural mechanization in China has brought a great development opportunity to kubotian and that it is optimistic about the Chinese market in the long term.
For long yasuda plan of USA, the agriculture department of nanjing agricultural mechanization research institute experts analysis, "long before the yasuda do small agricultural machinery, in Europe and the United States market has been blank, although the Chinese market is very big, but the challenge is increasing in recent years. The us and European markets, though not growing fast, are mature and attractive. Institute of the ministry of agriculture of nanjing agricultural mechanization one expert told reporters that in the face of John Deere, love family, such as competition, long yasuda, with its high quality products and services, "the possibility of escaping rob food" in Europe and America market is not.
Despite kubota's decision to build factories in Europe and the us, China remains a top priority in its global strategy, the experts said. "Kubotian tractors account for up to 40 percent of the U.S. market for tractors under 40 horsepower and 25 percent of the U.S. market for 40-100 horsepower tractors. It's only a matter of time before a factory is built in the United States.
ChengGong export& import trading co., LTD is committed to producing high quality, high standard and low price agricultural machinery parts for customers.
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