Kawasaki, one of the world’s most popular motorcycle manufacturers, is currently undergoing a renaissance. Although it may not seem like it just yet, Team Green is slated to undergo some massive changes in the coming months. Last year, the company reported that it will be spinning off its motorcycle business, while at the same time giving more attention to its heavy industries product offerings. Well, the latest news to come out from the company states that it has invested quite a hefty sum into its operations for the next five years.
In a press release by the Japanese motorcycle giant, Kawasaki stated that it will be investing a sum of $265 million, or roughly P13.3 billion, towards improving its operations. Hiroshi Ito, president of the Motorcycle & Engine Company at Kawasaki Heavy Industries, Ltd, stated that a large sum of the investment will go towards increasing production capacity for the USA, as well as the rest of the global markets over the course of the next five years.
“The stated investment is expected to include, but is not limited to, expansion of the existing factory in Nebraska as well as the exciting news of the creation of a new manufacturing facility in Mexico”
To make things even better, Ito continued by stating that Kawasaki has an eye to the future when it comes to innovating its product portfolio. Investing in the ever growing popularity of the powersports industry, Kawasaki will be ushering in developments to its ATV, MULE, and JetSki products, as well as developing innovative street-oriented motorcycles. In particular, Kawasaki has its sights set on developing electric powertrains, as well as hybrid and hydrogen-powered engines. It will also continue developing its lineup of fun and capable off-road motorcycles.