JCB aims to double size of Latin American operations with $100m investment

Neil Gerrard Senior Editor, Construction Briefing

17 June 2024

JCB is to invest 500 million reais (just under US$100 million) on modernizing and expanding its Latin American operations.

The UK-based construction equipment manufacturer said it wanted to double the size of its operations by 2030.

The majority of the funds, around 360 million reais (US$52.9 million) will be allocated to expanding operations, with 150 million reais (US$27.9 million) earmarked for modernizing the factory in Sorocaba, São Paulo.

Another…

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