Farms.com Home   Farm Equipment News

JCB Expands U.S. Manufacturing Plant Amid Impact of Trump’s Tariffs

JCB is set to double the size of a new factory currently under construction in Texas as the company confirmed today that newly announced tariffs will impact its business in the short-term.

JCB has been manufacturing in the USA for 50 years, and last year bought 400 acres of land in San Antonio after recognizing the need to produce even more machines in North America, where the company’s existing manufacturing plant in Savannah, Georgia, has operated for 25 years and employs around 1,000 people.

The original plan for a 500,000 square feet factory in San Antonio has now been revised and JCB is forging ahead with plans to double its size to one million square feet. The new $500 million plant is due to start production next year and employ up to 1,500 people and will build on JCB’s growth in North America.

Click here to see more...

Trending Video

U.S. Crop Ratings Fall + Drama with China but Still Buying U.S. Soybeans & Corn?

Video: U.S. Crop Ratings Fall + Drama with China but Still Buying U.S. Soybeans & Corn?

U.S. crop ratings in corn and soybeans fell more than expected, especially in ND/SD, after a hot/dry trend. But rains this weekend and cooler temps is causing the funds to sell at month-end, and take profits.
The Ukraine/Russian war has escalated as Ukraine tries to keep moving grain out of the Black Sea while 3 ports in Russia are offline as Russia looks to weaponize cargo ships!
China was not happy with the new higher U.S. tariffs on forced labor; headline news that China was selling weapons to Iran and the U.S. banning humanoid robots for cyber security concerns.
Talk of U.S. farm bill and E15 passing by next Thursday.
Headline news that Hamas will disarm but Israel needs to approve.
The U.S. weekend billion $ rains could disappoint after a dry July?
A surprise reopening of the Mexican border to cattle is more noise.
KOSPI down 44% in 40 days.