Cub Cadet and Yanmar Announce Joint Venture

The mighty manufacturing magnates of Cub Cadet and Yanmar recently announced
plans to market a full line of compact tractors and implements together in the
United States and Canada. The joint venture has led to the formation of C.U.T.
Supply Company, LLC, headquartered in Valley City, Ohio.

“This unique partnership connects two powerful brands with reputations for
innovation, reliability and high performance,” said Masashi Shimo, of Yanmar,
who has been appointed president of C.U.T. Supply Co. LLC.” We feel that these
qualities will allow us to deliver smart, user-focused solutions to the growing
number of consumers and commercial and government users in need of a compact
utility tractor.”

A pioneer of compact, powerful diesel engines since 1933 and a maker of
compact utility tractors and agricultural equipment, Yanmar’s products are
recognized as innovative, reliable leaders worldwide. Cub Cadet, the leader in
premium outdoor power equipment, has a legacy of high-quality engineering and
producing equipment that meets the lifestyle needs of today’s large property
owner. Together, the company’s new line of premium compact tractors will offer
users well-designed, high-performance products up to 50 hp.

“By combining our expertise, we will help homeowners, municipalities,
institutions, farmers and businesses achieve their goals with enhanced
productivity and proven reliability,” said Nathan Walker, senior vice president
of sales at Cub Cadet. “Our goal is to exceed expectations from purchase and
delivery to operation and service.”