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Governor Greg Abbott today announced that Kubota Tractor and Credit Corporations will relocate their corporate headquarters from Torrance, California to Grapevine, Texas. Kubota’s headquarters relocation is projected to create at least 344 new jobs and $51 million in capital investment in the State of Texas. A Texas Enterprise Fund (TEF) grant offer of $3.8 million has been extended to Kubota Tractor Corporation.
“I’m proud to extend a warm Texas welcome to Kubota and I know their investment in Texas will allow their company to grow, prosper and create even more jobs in the coming years,” said Governor Abbott. “Thanks to our low-tax, low-regulation environment that allows all businesses to thrive, we are able to bring job creators like Kubota to Texas. As the top state in the nation for agriculture, Kubota is sure to find fertile ground for its products and distribution network.”