Kubota Tractor and Credit Corporations to relocate headquarters to Grapevine


Kubota Tractor Corporation and Kubota Credit Corporation announced May 14 that the companies will relocate their corporate headquarters from California to Grapevine.



Both companies are United States subsidiaries of Kubota Corporation, based in Osaka, Japan, and have been planning for increased efficiencies on the heels of recent expansions and an aggressive growth strategy. The move will affect about 180 employees and is expected to happen within the next 18 months.

“This restructuring and relocation to Texas aligns with our strategic business objectives to strengthen Kubota’s brand in the U.S. marketplace, enter new industry segments and to position our company for long-term, sustainable growth in North America,” Masato Yoshikawa, President and CEO of KTC, said in a press release. “This is the most significant change we have undertaken during our long and successful history in the U.S., and there was much thought, deliberation and consideration that went into our decision. California has been good to us, but it makes better business sense for us to be centrally located, and we look forward to achieving added operational efficiencies with this move."

Construction on the Texas facility will begin this year and is scheduled to be completed by the first quarter of 2017.

The new headquarters will be an environmentally-friendly, state-of-the-art building large enough to initially accommodate 400 employees with room to expand.
By Sherelle Black
Sherelle joined Community Impact Newspaper in July 2014 as a reporter for the Grapevine/Colleyville/Southlake edition. She was promoted in 2015 to editor of the GCS edition. In August 2017, Sherelle became the editor of the Lewisville/Flower Mound/Highland Village edition. Sherelle covers transportation, economic development, education and features.


MOST RECENT

Frescas offers authentic Mexican drinks and snacks like elote, a street-style corn on the cob. (Courtesy Frescas)
New shop Frescas to bring authentic Mexican drinks, snacks to Southlake

Frescas, opening this weekend, hopes the Southlake community will enjoy a taste of Hispanic culture with its authentic Mexican treats.

Taco Ocho is now open in McKinney. (Courtesy Taco Ocho)
Taco Ocho opens in McKinney; Hoff's Steaks & Steins coming to Frisco and more DFW-area news

Read the latest business and community news from the Dallas-Fort Worth area, including Tornado Terry's celebrating 30 years of games in Fort Worth.

Q&A: Greg Smith, executive director of Fast Growth School Coalition

Greg Smith is the former superintendent of Clear Creek ISD and became executive director of Fast Growth School Coalition in December 2020. 

An open space bond is expected to be on Southlake's November 2021 ballot. (Sandra Sadek/Community Impact Newspaper)
Southlake plans to move forward with open space bond election in November

After being delayed in May 2020, the city of Southlake plans to call a special election for the open space and stormwater management bond on the ballot in November.

Swedish electric car brand Polestar is coming to Grapevine. (Courtesy Grubbs Family of Dealerships)
Grubbs to operate Grapevine's first all-electric car brand

Polestar, Grapevine's first all-electric car brand, will be operated by the Grubbs family of dealerships. The brand currently offers two models with a third planned in the future.

The Carroll ISD Board of Trustees decided Aug. 2 to hold a special election in November to fill Place 7 on the board. (Sandra Sadek/Community Impact Newspaper)
Carroll ISD board opts for special election to fill Place 7 vacancy

The board came to a 4-0 decision during a workshop meeting to hold a special election Nov. 2 to fill the vacancy for Place 7, the term for which expires in May 2022.

Stumpy's Hatchet House offers ax throwing for groups of any size. (Courtesy Stumpy's Hatchet House)
Ax-throwing venue comes to Frisco; Plano ISD to offer back-to-school fair and more DFW-area news

Read the latest business and community news from the Dallas-Fort Worth area, including an Aug. 3 event Plano ISD is hosting to give away backpacks.

Tarrant County data shows that, as of July 28, 55% of residents age 12 and older have received at least one dose of the COVID-19 vaccine and 48% percent of those residents are fully vaccinated.(Courtesy Texas Children's Hospital)
As July draws to close, Tarrant County nears 550 COVID-19 hospitalizations

Tarrant County data shows that, as of July 28, 55% of residents age 12 and older have received at least one dose of the COVID-19 vaccine, and 48% percent of those residents are fully vaccinated.

student writing on paper
Texas Legislature allows parents to opt for students to repeat grade levels or courses

Senate Bill 1697 is effective for the 2021-22 school year.

Oni Ramen plans to open a location in Richardson's CityLine development later this year. (Courtesy Adobe Stock)
Oni Ramen coming to Richardson; American-Italian restaurant Sfereco set to open in Lewisville and more DFW-area news

Read the latest business and community news from the Dallas-Fort Worth area, including a new bakery coming to McKinney.

On July 29, the city announced that it acquired 230 acres of parkland within the Painted Tree residential development. (Courtesy city of McKinney)
McKinney pays $23M for 230 acres of parkland in Painted Tree development

Athletic fields, recreational facilities and future community and economic development projects will be built upon the new land.