Agriculture, Good for Business, Investments, Lithuania, Markets and Companies, USA
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Saturday, 23.11.2024, 13:32
Lithuania's PM attended the opening of Kinze Manufacturing
Butkevicius welcomed the investments of the USA company in Lithuania. According to the prime minister, industry development is one of Lithuania's priorities in economic development.
"I am glad that one of the USA leaders in farm machinery Kinze Manufacturing Inc. has chosen Lithuania for its first investment. It is a great appreciation of our competitive advantage such as mechanical engineering and the qualification of the people working in this area. It is not a secret that this boosts confidence in Lithuania's abilities and advantages and encourages looking for investors more energetically", said Butkevicius.
The second largest planting and seeding equipment manufacturer in the United States opened a production facility in Vilnius District along the highway to Druskininkai. The facility will manufacture the company's agricultural machinery product line, planters/seeders, to support its growing market in neighbouring countries including Russia, Ukraine, the Czech Republic, Bulgaria and Hungary.