Thomas Equipment to Produce Skid Steers for Kubota

Thomas Equipment Inc. has reached an agreement with Kubota Europe to produce skid steer loaders for Kubota in select European markets.

The new partnership strengthens the relationship between Thomas and Kubota and provides Kubota further expansion into the growing European compact construction equipment market.

"We're very excited about the opportunity to partner with a global leader that matches our passion and commitment for tough, dependable products that help our customers do the job," David E. Lush, VP of Marketing for Thomas Equipment, says.

"We use Kubota diesel engines in our skid steer loaders and many of our other products, including our portable material handlers. This is the perfect next step in the continuing growth of both our companies."

The new Thomas-built skid steer loaders will be marketed by Kubota and will be available by 2005 in select European markets.

Thomas anticipates orders of up to 500 units and has currently received orders for 150 units, leading to more than U.S. $9 million in new revenue for Thomas.

Thomas Equipment Inc., www.thomasequipment.net and www.thomasloaders.com, manufactures and distributes a full line of skid-steer and mini skid-steer loaders as well as attachments, mobile screening plants and six models of mini excavators through a worldwide network of dealers and distributors. In addition to its industrial and construction products, it manufactures a complete line of potato harvesting and handling equipment.