Company Profile...

Previous | Next

Latest post 09-05-2006 2:15 PM by MessickFarmEqu. 11 replies.

07-10-2005 12:31 AM

MessickFarmEqu
Joined on 06-08-2004
Lancaster County, PA
Posts 1,581

Company Profile...

Kioti sells 25,000 units annually (Globaly).

Capital	$ 5,100,000	1985	Introduced the first KIOTI compact tractor in U.S.
Sales	$ 47,335,250	1993	Daedong-USA, Inc. was formed and KIOTI Tractor’s was headquartered in Wilson, NC.
Products	Tractors, diesel Engines, Attachments, Parts etc.	1999	Introduced DK45, the first DK Series compact tractor.
Employees	60 persons	2000	Introduced KL Series loaders, KB Series backhoes and KR Series grooming mowers
Address	Kioti Drive. Wendell, NC 27591 U.S.A	2002	Expanded implement product lines to include mid-mount mower, tiller and bale spear.
Tel / Fax	Tel : 919-374-5100 Fax: 919-374-5001	2003	Expanded implement product lines to include aerator, rotary cutter, rake, and box and rear blade and more.
URL	www.kiotitractor.com		Introduced CK20, the first CK Series compact tractor.

this is off one of their international websites. Everyone always speculates about Kioti's US sales volume. If you figure net sales of 47mil, and divide by an average sale price of 16,000 thats just under 3,000 units.

Sales / Computer Support Messick Farm Equipment www.messicks.com

07-10-2005 8:59 AM In reply to

LarryRB
Joined on 07-14-2004
right on the CT/MA state lines
Posts 283

Re: Company Profile...

Contact

copy and post this over on TBN, it will go over well I am sure

"This morning I woke up with nothing to do. It is now afternoon and I already have over half of it done "

"Digging in hard clay is much more relaxing to a worm than going fishing"

07-11-2005 7:44 AM In reply to

MessickFarmEqu
Joined on 06-08-2004
Lancaster County, PA
Posts 1,581

Re: Company Profile...

Contact

Actually thats probably high. I did not subtract out for the parts sales, and I would guess that their average sale is probably somewhat higher than 16k. None the less, you can't build much of a company with 5 million of profit per yer. Kubota had revenues of over a billion dollers this year (globaly).

Sales / Computer Support Messick Farm Equipment www.messicks.com

07-11-2005 12:21 PM In reply to

MessickFarmEqu
Joined on 06-08-2004
Lancaster County, PA
Posts 1,581

Re: Company Profile...

Contact

LarryRB wrote:
copy and post this over on TBN, it will go over well I am sure

I did, and as one would expect a firestorm erupted. I kinda enjoy the contraversy.

Sales / Computer Support Messick Farm Equipment www.messicks.com

07-11-2005 5:34 PM In reply to

LarryRB
Joined on 07-14-2004
right on the CT/MA state lines
Posts 283

Re: Company Profile...

Contact

I've been following that particular thread. Seems one guy, is anti anyone who doesn't own a Kioti. As it turns out, the thread was closed anyway..

"This morning I woke up with nothing to do. It is now afternoon and I already have over half of it done "

"Digging in hard clay is much more relaxing to a worm than going fishing"

07-11-2005 5:55 PM In reply to

bczoom
Joined on 08-30-2004
W. PA
Posts 1,919

Re: Company Profile...

Contact

I've been offline for awhile. Back online this morning but didn't see it. Can you tell me where the thread is and/or the name of it?

Small minds discuss people. Average minds discuss events. Great minds discuss ideas.

07-11-2005 10:14 PM In reply to

LarryRB
Joined on 07-14-2004
right on the CT/MA state lines
Posts 283

Re: Company Profile...

Contact

Kioti isn't worth the risk,, found under Kioti owning and operating

"This morning I woke up with nothing to do. It is now afternoon and I already have over half of it done "

"Digging in hard clay is much more relaxing to a worm than going fishing"

07-12-2005 8:34 AM In reply to

bczoom
Joined on 08-30-2004
W. PA
Posts 1,919

Re: Company Profile...

Contact

Thanks Larry.

I started reading through the post but was short on time since I was playing "catch-up" all over the place. Couldn't read all 4 pages of the post.

Brian

Small minds discuss people. Average minds discuss events. Great minds discuss ideas.

07-29-2006 1:21 PM In reply to

Re: Company Profile...

Contact

Where did you get those numbers Neil? I found these on the international website

Captial $ 11,590,858

Sales $ 71,282,922(2005)

Products Tractors, diesel Engines, Attachments, Parts etc.

Employees 70 people

Location Kioti Drive. Wendell, NC 27591 U.S.A

Tel : 919-374-5100 Fax: 919-374-5001

www.kiotitractor.com

07-29-2006 7:39 PM In reply to

MessickFarmEqu
Joined on 06-08-2004
Lancaster County, PA
Posts 1,581

Re: Company Profile...

Contact

As you can see, that origional post was from over a year ago. At that point I think it came from a Daedong website - I think the financials where from 02. About 6 months ago they redesigned the website that those figures came from, so its long gone now. Where did you find those figures that you just posted?

Sales / Computer Support Messick Farm Equipment www.messicks.com

09-04-2006 4:19 PM In reply to

Re: Company Profile...

Contact

http://www.daedong.co.kr/eng/affiliated/usa/usa.asp

09-05-2006 2:15 PM In reply to

MessickFarmEqu
Joined on 06-08-2004
Lancaster County, PA
Posts 1,581

Re: Company Profile...

Contact

2005 figures.

$ 11,590,858 in Capital

$ 71,282,922(2005) in Sales

70 employees

Sales / Computer Support Messick Farm Equipment www.messicks.com

Page 1 of 1 (12 items) | RSS