Kubota Tractor Corporation Acquires 318 Acres of Land in Ponder, Texas, for Kubota Ranch
Jun. 11, 2018
GRAPEVINE, Texas--(BUSINESS WIRE)--Jun 11, 2018--Kubota Tractor Corporation today announced it has completed the purchase of nearly 318 acres of land in Ponder, Texas, in Denton County roughly 30 miles northwest of its North American headquarters location in Grapevine, Texas. The newly acquired property, Kubota Ranch, will strengthen the company’s roots in the greater Dallas-Fort Worth region and allow it to bring its dealers closer to its headquarters for previews of new Kubota products.
Kubota Ranch offers the company ample field space for testing, training, operating and demonstrating Kubota equipment – digging, plowing, excavating, maneuvering, and assessing equipment and implement functionality, as well as utilizing farm equipment to tend to the land, including the possibility of eventually growing, mowing and baling hay.
The four small utility buildings located on the property today will remain, and Kubota has a vision to build additional amenities to make Kubota Ranch a dealer destination and testing ground to preview and unveil Kubota equipment to its dealers.
“Kubota has considered a land purchase of this nature for quite some time, and with our Grapevine headquarters in such close proximity, the opportunity to expand our operations and research and development capabilities here in the greater Dallas-Fort Worth region makes solid business sense,” said Masato Yoshikawa, Kubota Tractor Corporation president and CEO. “With this land, we will now be able to expand our physical footprint and build out our vision for the ranch to evaluate and test our equipment. Best of all, we can bring our dealers to Dallas to unveil and operate our new products, versus creating the experience for them in various cities around the country – it’s exciting that we can now offer this experience here at home in our own backyard.”
At this time, the company does not have plans to build manufacturing or distribution facilities on the property and intends its use strictly for testing and showcasing equipment.
About Kubota Tractor Corporation
Kubota Tractor Corporation, Grapevine, Texas, is the U.S. marketer and distributor of Kubota-engineered and manufactured machinery and equipment, including a complete line of tractors of up to 170 Gross hp, performance-matched implements, compact and utility-class construction equipment, consumer lawn and garden equipment, hay tools and spreaders, commercial turf products and utility vehicles. For product literature or dealer locations, contact: Kubota Tractor Corporation, 1000 Kubota Drive, Grapevine, TX 76051, (888) 4-KUBOTA [(888) 458-2682], Ext. 900, or visit KubotaUSA.com.
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CONTACT: Kubota Tractor Corporation
Kubota Newsroom: 877-582-6826
KEYWORD: UNITED STATES NORTH AMERICA TEXAS
INDUSTRY KEYWORD: MANUFACTURING AUTOMOTIVE MANUFACTURING NATURAL RESOURCES AGRICULTURE AUTOMOTIVE PERFORMANCE & SPECIAL INTEREST
SOURCE: Kubota Tractor Corporation
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PUB: 06/11/2018 05:00 PM/DISC: 06/11/2018 05:01 PM