KIOTI Tractor, a division of South Korean-based Daedong-USA, Inc., says it has broken ground on a $13 million expansion of its North American headquarters in Wendell, Wake County.
The project, scheduled to be completed in late 2019, will double the structure’s size, with an additional 162,750 sq. ft. of warehouse space. The total building size upon completion will be 335,053 sq. ft.
“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.”
“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.”