KIOTI Tractor Investing $13M In Expansion Of North American Headquarters

Estimated for completion in late 2019, the expansion will double the size of the company’s existing facilities in Wendell, NC.


https://businessfacilities.com/2018/10/kioti-tractor-investing-13m-in-expansion-of-north-american-hq/
Estimated for completion in late 2019, the expansion will double the size of the company’s existing facilities in Wendell, NC.
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KIOTI Tractor Investing $13M In Expansion Of North American HQ

Estimated for completion in late 2019, the expansion will double the size of the company’s existing facilities in Wendell, NC.

KIOTI Tractor Investing $13M In Expansion Of North American Headquarters

KIOTI Tractor, a division of Daedong-USA, Inc., has broken ground on a $13 million expansion of its North American headquarters in Wendell, NC. Estimated for completion in late 2019, the expansion will double the size of the company’s existing facilities.

Wendell, NCThe additional 162,750 square feet of warehouse space will facilitate KIOTI Tractor’s planned employee growth of 15 percent in two years, and provide warehouse and assembly space for its current and future product lines. The additional space will also support the company’s goal of providing unmatched product and parts availability to its North American dealer network and customer base. With these add-ons, the total building size upon completion will be 335,053 square feet.

“KIOTI has seen tremendous growth in recent years, and this expansion is critical as we seek to build upon our foundation of success to better support our dealer network and deliver outstanding service to our growing customer base,” said Peter Dong-Kyun Kim, president and CEO of Daedong-USA, Inc. KIOTI Tractor Division. “In everything we do, we are committed to delivering the best machine-owning experience our customers have ever had, and this investment helps us continue to deliver that goal.”

Wendell, NC
(Photo: KIOTI Tractor)

This warehouse expansion comes on the heels of a recently completed office addition in late 2017, which added nearly 15,000 square feet that doubled workstations and currently houses the company’s marketing, accounting and finance teams.

“KIOTI has been serving the North American market for more than 30 years, and this expansion further illustrates our long-term growth strategy of supporting dealers with ready-to-ship inventory, strong internal management and business expertise,” said Greg Bibee, marketing and business development manager. “We are proud to have a talented internal team that dealers can rely on in areas ranging from finance and marketing to technical product and parts support.”

Relocating or Expanding Your Business In North Carolina

Considering North Carolina for your company’s relocation or expansion project? Check out Business Facilities’ North Carolina Incentives and Workforce Development Guide.

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