Equipment Finance News
  • News
  • Event
  • Data
  • Features
  • Lender Directory
  • PodcastNew
  • WebinarsNew
    • Next Webinar (7/17): Technologies for your equipment financing business
    • Webinar Library
Log In
No Result
View All Result
  • Dealers
  • Lenders
  • Transportation
  • Agriculture
  • Construction
  • Materials Handling
  • Rentals
  • Compliance
  • Data Analysis
Equipment Finance News
  • News
  • Event
  • Data
  • Features
  • Lender Directory
  • PodcastNew
  • WebinarsNew
    • Next Webinar (7/17): Technologies for your equipment financing business
    • Webinar Library
No Result
View All Result
Equipment Finance News
No Result
View All Result

JCB targets North American expansion with new facility

UK-based OEM’s construction sales exceeded $8B in 2023

Johnnie Martinez IIbyJohnnie Martinez II
July 12, 2024
in Construction
Reading Time: 3 mins read
0
Share on FacebookShare on LinkedIn

Construction equipment manufacturer JCB is looking to expand its presence in the North American market with a new North American facility in San Antonio, Texas. 

The San Antonio facility will strive to meet demand and manufacture machines for customers specifically in North America, creating 1,500 jobs over the next five years, the company says. 

“The growth we’ve experienced in the past few years in North America has been extensive and demand for our products continues to grow,” Richard Fox-Marrs, president & chief executive for JCB North America said in a recent company release. “The decision to expand our manufacturing footprint will bring us even closer to our customers and will allow us to further capitalize on market opportunities in North America.”

Heavy machinery, manufactured by JC Bamford Excavators Ltd. (JCB), sits parked at the Port of Southampton, operated by Associated British Ports (ABP) Holdings Ltd., in Southampton, U.K., on Wednesday, Sept. 30, 2020. Bank of England Governor Andrew Bailey urged the U.K. government and the European Union to reach a trade deal or risk seeing their economies suffer.
(Photo/Bloomberg)

“Texas is an obvious choice for our new North American manufacturing facility, not least because the state is the largest consumer of construction equipment in the USA,” Fox-Marris said.   

JCB, which is in Rocester, England, began work on the $500 million, 720,000-square-foot factory at the 400-acre site in San Antonio on June 4. It will become the company’s second-largest plant behind its headquarters Fox-Marris said. When the new factory enters production in 2026, it will manufacture telescopic handlers and aerial access equipment, with the capacity to expand production. 

JCB’s market presence

JCB entered North America with its first sales in 1964, before opening its Savanna, Ga. facility in 2001, according to the company release.  

“JCB’s business in North America has made tremendous progress in the past few years and the opportunity for growth here is vast,” CEO Graeme Macdonald said in the recent company release. “This record investment gives us a fantastic opportunity to build on our success and we look forward to the completion of this great new facility.”   

JCB is the ninth-largest construction company by worldwide sales in 2023, with sales of $8.1 billion, up 15.5% year over year, according to KHL Group and International Construction’s Yellow Table, which ranks the top 50 construction OEMs by global sales. The company held a global construction equipment market share of 3.3% in 2023. 

KHL Global and International Construction's Yellow Table top ten
(Courtesy/International Construction)

JCB employs 19,000 people, operates 22 factories, and manages 750 dealers globally, according to the company’s website. The company also begins its 80th anniversary in 2025. 

Equipment Finance News’ Lender Directory lists banks, captives and independent lenders. Each listing includes the sectors served, regions covered and more, allowing users to filter and search for the right lender to meet their needs. Users are invited to add and update their own company information to the directory to provide dealers with the most up-to-date information available. Visit the Equipment Finance News Lender Directory here.   

Tags: equipment financefacilitiesJCBsupply chain
Previous Post

Eastern Funding winds down equipment finance, specialty vehicle ops

Next Post

Used construction equipment values fall amid rising inventories

Related Posts

An apartment complex under construction in Atlanta, Georgia, US, on Wednesday, Sept. 18, 2024. Inflation rates fell under 2% in Atlanta for the first time in almost four years and dropped significantly across the South, providing some relief to consumers, and potential voters, in regions that will be key to the outcome of the US presidential election.
Construction

US housing starts rebounded in June on apartment construction

July 18, 2025
The Volvo logo on an Electric truck parked outside the Volvo AB Trucks Tuve plant in Gothenburg, Sweden, on Thursday, May 4, 2023. Volvo are due to release their latest earnings on Wednesday, July 19, 2023.
Construction

Volvo Group sales slide 12.4% in Q2

July 17, 2025
Caterpillar donates $250K for Central Texas flood relief
Construction

Caterpillar donates $250K for Central Texas flood relief

July 16, 2025
Next Post
Construction employees work on a construction site in Reading, UK, on Wednesday, April 24, 2024. Britain’s homebuilding approval process is failing to cope with a surge in local protectionism that’s driving more costs to the taxpayer Photographer: Carlos Jasso/Bloomberg

Used construction equipment values fall amid rising inventories

Proud Member Of

Check Out Our Industry Event

Stay Informed With Our 8 Newsletters

The Dig Podcast

Dealer Operations

Dakota Financial, A digital display representing an AI-powered neural quantum processor in the Samsung Electronics Co. hall at the IFA Consumer Electronics and Home Appliances trade fair in Berlin, Germany, on Thursday, Aug. 31, 2022. Inflation slowed less than expected in Germany, offering European Central Bank officials a partial picture of the region’s price pressures as they judge whether to raise interest rates again.

Build vs buy: How equipment dealers, lenders take on new tech

July 18, 2025
4Rivers Equipment has partnered with FAE to become the exclusive dealer of FAE’s PT dedicated tracked carriers in New Mexico and Colorado

John Deere dealer 4Rivers Equipment adds FAE products

July 15, 2025
US farm recovery not expected until 2026 as crop prices stay low

Dealers offer longer terms, skip payments amid farmer woes

July 7, 2025
  • About Us
  • Advertise
  • Contact Us
  • Privacy Terms
  • ADA Compliance

 Manage Cookie Consent

Connect with us

© 2025 Royal MediaRoyal Media

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
    • All News
    • Dealers
    • Lenders
    • Transportation
    • Agriculture
    • Construction
    • Material Handling
    • Rentals
    • Compliance
    • Data Analysis
  • Event
  • Data
  • Features
  • Lender Directory
  • Podcast
  • Webinars
    • Webinar Library

© 2025 Royal MediaRoyal Media

THIS WEBSITE USES COOKIES

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “I CONSENT”, you consent to the use of ALL the cookies.

Cookie settingsI CONSENT

Review our Cookie Policies
.
Manage Cookie Consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
Save & Accept