Subscribe
Close
  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Renew

KIOTI Tractor Expands Presence in Ontario, Canada

01/09/2019
KIOTI Tractor, a division of South Korea-based Daedong-USA, Inc., continues its commitment to the compact equipment industry in Canada with the opening of a new distribution center, outside of Toronto in Mississauga, Ontario, Canada.

According to company officials, the approximately 60,000 sq.-ft. of office and distribution space will reduce shipping and delivery times for KIOTI's Canadian dealers and increase support for end users.

"After 30 years of consistent growth in North America, we are pleased with the progress we have made in 2018 on expanding both our North American headquarters and establishing our new Canadian operation," said Anna Kim, CEO.

"In Canada, specifically, KIOTI seeks to create a positive economic impact on the greater Toronto metro area, which will begin by employing several full-time individuals in the distribution center in the near future," she added.

Company officials said its new distribution center represents KIOTI's confidence in the future of its brand in the Canadian market. This local presence will expand upon KIOTI's North American distribution network by strategically placing assembled inventory and parts supplies in a key market, ready for expedited delivery to dealers.

Longer term, this facility will support the planned growth of KIOTI's dealer network, making product and parts availability and simplified logistics a reality for both current and future dealers across Canada.

"At KIOTI, we are committed to delivering outstanding service to our growing network of dealers," said Peter Dong-Kyun Kim, President & CEO of Daedong-USA, Inc. KIOTI Tractor Division. "This expansion illustrates that commitment, and will allow us to provide unmatched availability and delivery of products to our Canadian dealer partners and customers."

This Canadian expansion follows a $13 million, 162,000 sq.-ft. warehouse expansion and nearly 15,000 sq.-ft. office addition to KIOTI's North American headquarters in Wendell, North Carolina.

Share

Exclusive Research