VILNIUS - Kinze Manufacturing Inc., an Iowa-based maker of farm machinery, will open it’s first factory outside the U.S. in Lithuania this year to support expansion in Central and Eastern Europe, reports Bloomberg. The Baltic plant is “geared to increasing sales in Russia, Ukraine and the whole of the European Union,” Kinze Vice President Susanne Veatch said on May 7 in a joint statement e-mailed by Lithuania’s investment agency in Vilnius. Important EU markets include the Czech Republic, Bulgaria and Hungary, she said.Kinze, which says it’s th...
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