JCB to invest US$25 million into Brazil

By Andy Brown10 July 2019

JCB-Sao Paulo-1-4

JCB Chairman Lord Bamford (right) with the Governor of the State of São Paulo, João Doria

Original equipment manufacturer JCB has announced a US$25 million investment in its Brazilian operations.

The investment was confirmed as JCB hosted the Governor of the State of São Paulo, João Doria, at the company’s World headquarters in Staffordshire, England.

Sorocaba in São Paulo has been the home to JCB’s Brazilian production operations since 2001. In 2012 the company invested US$100 million in a new factory in the city, which was opened by the Prime Minister at the time, David Cameron.

The latest US$25 million investment will see the launch of new products for Brazil and neighbouring South American markets.

During his visit to JCB Governor Doria met JCB Chairman Lord Bamford and JCB CEO Graeme Macdonald.

Macdonald commented, “We have a world-class production facility in Brazil and the investment announced today underlines our commitment to this important market and enables us to seize all the opportunities for growth which lie ahead of us.

“The Brazilian market is in very good shape and has grown substantially over the past 18 months and continues to expand. There are some very exciting opportunities ahead.”

Latest News
MEC debuts vertical mast lifts
MEC Aerial Work Platforms has launched a new vertical mast lift product series with platform heights of 20 and 25 feet 
Interview: India’s equipment rental industry fights Covid impact
International Rental News talks to Satin Sachdeva of India’s Construction Equipment Rental Association (CERA)
Volvo opens first dedicated fuel cell lab
Lab is also the first facility in Volvo Group to be testing complete fuel cell units