Kubota Denies Reports Of New Engine Plant

Recent reports that indicated that Kubota Corp. would build a new engine facility in in Sakai, Osaka Prefecture, were incorrect, according to the company. The information, which was reported in Japanese newspapers and other media outlets, said that a new facility would be built on a 160,000 sq. meter lot in a waterfront industrial park just south of Osaka. Kubota said it has signed a contract to acquire that land from Teijin Ltd., a polyester manufacturer, but the company said that its current plans do not call for construction of a new engine plant at that site.

Kubota currently produces diesel engines at three domestic plants - two other factories in Sakai and a facility in Ibaraki Prefecture.