Kinze Manufacturing Opens a Production Plant in Lithuania
Kinze Manufacturing Inc., one of the world’s biggest manufacturers of seeding and planting equipment, has announced the opening of a production plant in Lithuania. This will be the company’s first manufacturing plant outside of the United States. Kinze plans to invest 22 million litas and employ 250 people.
According to Susanne Veatch, Vice President and Chief Marketing Officer, Kinze chose Lithuania due to the strength of its labor force and local suppliers, its convenient location for market development, and its advanced infrastructure.
“In addition, when dealing with some other countries we encountered a lack of professionalism and a poor understanding of how business works. By way of contrast, when working with Invest Lithuania, we met with professionalism, expertise, and a real desire to lead our business to this market. This is the kind of cooperation with which we are accustomed,” said Ms. Veatch during the opening ceremony.
The factory should help Kinze Manufacturing meet the growing demand for its production in Russia, Ukraine, Hungary, Bulgaria, the Czech Republic and Slovakia.
During the opening ceremony Lithuanian Prime Minister Algirdas Butkevičius thanked Kinze Manufacturing for choosing to invest in Lithuania. “As a Prime Minister I am glad that a company from the U.S. has chosen Lithuania for its business. This will help to improving the country’s competitiveness, export development and will draw more investment in the future,” he said.
“We learned that in making its decision on where to invest, Kinze Manufacturing wanted to ensure its ability to maintain its values: integrity, customer focus, excellence, innovation and mutual respect,” said Invest Lithuania Managing Director Milda Dargužaitė. “We succeeded in showing Kinze that these are values that Lithuania shares.”
Production lines for four different types of seeding and planting equipment will soon be established in the newly opened factory, and the first batch is scheduled for completion in October of this year.
About Kinze Manufacturing Inc.
Founded more than 46 years ago on the premise of innovation, Kinze Manufacturing markets its planters and grain carts globally. What started as a small farming equipment repair workshop is now one of the world’s leaders in manufacturing innovative, durable and effective seeding and planting equipment. Kinze operates with core values of integrity, customer focus, excellence, innovation and mutual respect. Kinze Manufacturing is the recognized technology leader and innovator of planters for row-crop production and grain auger carts.
Currently Kinze Manufacturing employs more than 850 people in the US, but this number should increase to 1000 in November.