Kobelco announces new excavator facility in US
Site preparation for the US production facility will begin in April 2015 and is expected to be completed in December 2015. Kobelco?s $41 million investment will involve the development of a 156,000 sq ft production factory, 17,000 sq ft office building, machinery parking and a testing area. With an estimated annual capacity of 1,800 units, the US factory will begin mass production in January 2016.