Doosan Revs Up Imports, Kubota Has Trade Deal-Driven Opportunity — Panjiva


Doosan Revs Up Imports, Kubota Has Trade Deal-Driven Opportunity

Industrials - Capital Goods 348 Japan 450 South Korea 452 U.S. 3911 United Kingdom 238

Construction equipment maker Doosan Infracore recently closed a five-year order to supply natural gas powered engines to Power Solutions International. That comes against the backdrop of a recovery in Doosan’s seaborne exports to the U.S., which climbed 21.7% year over year in 3Q 2019. That was slightly slower than Kubota’s 34.2% expansion but well ahead of JCB’s 12.7% decline. The firms’ varying supply chain structures may mean there is a further divergence ahead. Kubota is most focused with 79.3% of its U.S. imports shipped from Japan – making it a potential beneficiary of the new U.S....

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