Tagged: industrial equipment

World’s largest privately-held equipment manufacturer expands in Texas | Texas

(The Center Square) – Another company is expanding manufacturing operations in Texas, this time JCB, Inc., in San Antonio, which expects to create hundreds of new jobs.

The company is the latest to relocate or expand operations in Texas and as the state continues to lead the U.S. in job growth and economic expansion.

JCB is constructing a new facility in San Antonio to produce telescopic handlers and aerial work platforms. The company is expected to make $265 million in capital investment and fund over 1,500 new jobs through 2028. It received a Texas Enterprise Fund grant of $5,684,350 and a Veteran Created Job Bonus of $42,000 for the project.

“Texas remains the best place in America for businesses to call home,” Gov. Greg Abbott said. “Companies from across the nation and around the world continue to relocate to Texas and expand here because we offer an unmatched economic climate with business-friendly policies that empower them to succeed. We are proud to welcome JCB to San Antonio and look forward to the hundreds of good-paying jobs and millions in investment this new facility will bring to hardworking Texans in Bexar County.”

“The growth we’ve experienced in the past few years in North America has been extensive and demand for our products continues to grow,” JCB North America President and CEO Richard Fox-Marrs said. “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.”

San Antonio Mayor Ron Nirenberg noted that JCB is the world’s largest, privately-owned construction, agricultural, and industrial equipment manufacturer—and it’s choosing to expand its operations in San Antonio. “Committed to reinvigorating American-made products, JCB is strengthening and expanding its North American manufacturing network with its new facility,” he said,

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