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TORRANCE, Calif. (Sept. 6, 2005) - Kubota Group and its affiliated companies
in the United States - Kubota Tractor Corporation (KTC), Kubota Credit
Corporation (KCC), Kubota Manufacturing of America (KMA), Kubota Engine
America Corporation (KEA), and Kubota Industrial Equipment (KIE) - have
committed an initial cash donation of $200,000 to the American Red Cross
for immediate Hurricane Katrina relief efforts.
"Kubota would like to express our sympathy and support to the victims
of the recent disaster and we are committed to offering assistance to
help immediately," says Tetsuji "Mike" Tomita, President,
Kubota Tractor Corporation. "The devastation from Hurricane Katrina
has affected all of us. Because Kubota manufactures equipment that is
invaluable in this type of clean-up and reconstruction, we are also determining
the donation of equipment in-kind totaling $200,000 to help support relief
efforts."
In addition, Kubota's U.S. subsidiaries will match each employee donation
to the American Red Cross Hurricane 2005 fund to provide additional relief
funds.
Kubota Tractor Corporation (KTC) is the United States marketer and distributor
of Kubota branded equipment including a complete line of tractors up to
103 PTO horsepower, performance matched implements, compact construction
equipment, consumer lawn and garden equipment, commercial turf products
and utility vehicles.
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