Kubota Tractor broke ground on a new $50 million corporate complex across from Grapevine Mills mall on Tuesday as city officials welcomed the company’s expanded presence in the area.
Kubota officials said the three-story office building, with approximately 125,000 square feet, plus a 68,000 square foot research and development facility will bring more than 300 new jobs to the area. Currently, the Japanese farm equipment manufacturer has 123 employees in Texas.
Kubota Tractor Corp. and Kubota Credit Corp. are moving their U.S. headquarters from Torrance, Calif., to a 25-acre site. on city-owned property.
The land is part of 185 acres formerly owned by ex-Texas Rangers star Rafael Palmeiro that the city bought in late 2013. It is located at Texas 121, Grapevine Mills Boulevard and Grapevine Mills Parkway.
“Kubota wanted to be in Grapevine, Texas, as much as we wanted them to be in our community,” Mayor William D. Tate said at the groundbreaking.
He said the “competition was great” in “bringing an international company to Texas,” including competing with North Carolina, Georgia and Kansas.
The new U.S. headquarters will be an environmentally-friendly, state-of-the-art building large enough to initially accommodate 400 employees with room to expand, and will be designed to maximize work efficiencies and conserve resources in alignment with Kubota’s global brand statement, “For Earth, For Life.”
Masato Yoshikawa, Kubota’s president and chief executive, said 2015 has been a “momentous year” for the company.
“Just this month, we celebrated 2 million units sold in the U.S., and last week our sister company in Georgia, Kubota Manufacturing of America held a special ceremony to mark 1 million units of Kubota tractors, mowers and utility vehicles produced in the U.S,” Yoshikawa said.