JCB, Inc. has announced plans to open a new manufacturing facility in San Antonio, Texas. The company, which manufactures construction, agricultural, and industrial equipment, will invest more than $265 million into the project, generating 1,500 new jobs for the surrounding area. The company has also received a Texas Enterprise Fund (TEF) grant of $5,684,350 and a Veteran Created Job Bonus of $42,000.
In a recent quote, JCB North America President and CEO Richard Fox-Marrs said, "The growth we’ve experienced in the past few years in North America has been extensive and demand for our products continues to grow. 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 added, "Today, we celebrate the world’s largest, privately-owned construction, agricultural, and industrial equipment manufacturer joining our San Antonio community. Committed to reinvigorating American-made products, JCB is strengthening and expanding its North American manufacturing network with its new facility. We are thrilled that JCB is bringing 1,500 new, quality jobs to San Antonio."
Investing in American Manufacturing - 2023
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.
