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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.

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USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension


USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.