March 29, 2017 8:43 PM ET

Machinery

Company Overview of Daedong-USA, Inc.

Company Overview

Daedong-USA, Inc. manufactures and distributes tractors. It also offers utility vehicles, such as ultimate transport vehicle; engines; attachments, such as front-end loaders and backhoes; implements ranging from mowers and cutters to snow removal products and hay tools; accessories; and parts and services. The company also provides jackets, hats, shirts, bags, and more online. It sells its products through a network of dealers in the United States and Canada. The company was founded in 1993 and is based in Wendell, North Carolina. Daedong-USA, Inc. operates as a subsidiary of Daedong Industrial Co., Ltd.

6300 Kioti Drive

Wendell, NC 27591

United States

Founded in 1993

Phone:

919-374-5100

Fax:

919-374-5001

Key Executives for Daedong-USA, Inc.

Chief Executive Officer and President
Chief Operating Officer and Vice President
Director of Product Support
Compensation as of Fiscal Year 2016.

Daedong-USA, Inc. Key Developments

Daedong-USA, Inc. Expands KIOTI Tractor's PX Tractor Series

Daedong-USA, Inc., has announced the expansion of KIOTI Tractor's PX tractor series with the launch of three new models: the PX9530PC, PX1053PC and PX1153PC. With increased engine power, lifting capacity and comfort, the PX Series' new additions combine modern design and robust functionality into one powerful workhorse. The new PX models offer operators more gross engine power than previous models, with the PX9530PC, PX1053PC and PX1153PC yielding 93, 103 and 110 horsepower (HP) Tier 4 compliant diesel engines, respectively. Outfitted with a synchronized power shuttle transmission, the new models provide smooth shuttle operation and allow the operator to perform loader work without pressing the clutch pedal. In addition, the new models offer a lift capacity of more than 8,000-pounds, PTO horsepowers from 79.1 to 92.2 and interchangeable PTO shafts delivering 540 and 1,000 rpm.

KIOTI Tractor Launches Two New Sub-Compact Models

KIOTI Tractor, a division of Daedong-USA, Inc., has enhanced its CS Series with the launch of the CS2210 and CS2510, the new additions to sub-compact tractor line. With improved comfort, convenience and operation, KIOTI's popular CS Series has the power and versatility for mowing, hauling, digging, snow blowing, tilling and plowing through projects, big and small. Appropriate for homeowners with property sizes ranging up to five acres, the new CS2210 and CS2510 sub-compact tractors offer a 21.1 HP and 24.5 HP diesel engine respectively. These optimized engines combine large power output with low fuel consumption for cost-conscious operation. The 17.6 and 19.4 PTO HP gives owners the ability to power a multitude of attachments and implements while the 6.4 inches of ground clearance provides owners the flexibility to operate these sub-compact tractors on a variety of surfaces. In addition to power, the new CS2210 and CS2510 models feature an array of superior enhancements that result in more productivity and comfort. Power steering, a new ergonomic operator station with improved seat, and twin HST pedals are standard on all models. The left hand HI-LO lever controls allow the tractor to overcome a wide range of load tasks while the streamlined hood design improves the visibility for the operator. The easy-to-read illuminated dashboard features a digital gauge package with tachometer, fuel and temperature gauges and warning lamp.

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Recent Private Companies Transactions

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