Doosan Bobcat Expands Production Plant for Agricultural and Landscaping Equipment in the U.S.

Doosan Bobcat announced on the 13th that it held a completion ceremony on the 12th (local time) to commemorate the expansion of its Statesville plant located in North Carolina, USA.

[Asia Economy Reporter Oh Hyung-gil] Doosan Bobcat is accelerating its business expansion by expanding its agricultural and landscaping equipment production plant in the United States.

Doosan Bobcat announced on the 13th that it held a completion ceremony on the 12th (local time) to commemorate the expansion of its Statesville plant located in North Carolina, USA. Mike Bolweber, head of Doosan Bobcat North America, Kosty Kute, mayor of Statesville, and other internal and external officials attended.

Doosan Bobcat invested a total of $70 million, approximately 98 billion KRW, to expand the production site over 14 months to more than double the previous size to 100,000㎡. By introducing new technologies and facilities, it not only improved production efficiency but also unified production systems and processes to enhance synergy with other plants.

The Statesville plant was originally producing products for Doosan Bobcat’s Portable Power division, such as air compressors and mobile power and lighting equipment. This investment was made to respond to the increasing demand for agricultural and landscaping products. The expanded space will serve as a production base for products such as compact tractors, mini track loaders, and small articulated loaders.

Doosan Bobcat plans to start in-house production of its flagship agricultural equipment, the compact tractor launched in 2019, from the first half of next year. The mini track loaders and small articulated loaders previously manufactured in Bismarck, North Dakota, will also be relocated and produced at the Statesville plant.

A Doosan Bobcat official stated, "Thanks to the aggressive launch of new products, sales of agricultural and landscaping products in the North American region grew at an average annual rate of 58% over two years from 2019 to last year." He added, "Using the expansion of the Statesville plant as a stepping stone, we plan to expand our lineup and launch products in regions outside North America, such as Europe."

This content was produced with the assistance of AI translation services.