Kubota Tractor Corp. broke ground on its new corporate headquarters location in Grapevine on Oct. 20.
The new headquarters will include a three-story office building, which will be approximately 125,000 square feet, and a 68,000-square-foot research and development facility.
KTC president and CEO Masato Yoshikawa said moving Kubota’s headquarters to Texas from its current location in Torrance, California will put Kubota’s leadership and professional staff closer to Kubota’s major markets and its manufacturing, assembly and distribution facilities in Georgia and Kansas.
“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," Yoshikawa said. "This is the most significant change we have undertaken in our long successful history in the U.S., and we are looking forward to further establishing our roots here in Texas."
Employees at the company’s headquarters have been offered an option to relocate once the new headquarters is complete in late 2016. Employees at Kubota Credit Corp. in Fort Worth will relocate as well. Kubota’s relocation is projected to create at least 300 new jobs and $51 million in capital investment in the state of Texas.