JCB Makes Strategic Investments for Future Growth Following the Success of Hydromax World
JCB- fresh from setting a new world land speed record of 406.320mph powered by its pioneering hydrogen technology, JCB is accelerating investment in its future, with major commitments to British manufacturing and new production capacity in the United States.
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The manufacturer is investing heavily in transforming its Staffordshire World HQ, while JCB’s new factory in San Antonio, Texas, its largest in the world, opens next month, creating 1,500 jobs over the next five years.
As JCB invests in its next chapter, George Bamford will become Joint Chairman of the family company alongside his father, Lord Bamford. It is the first change at the top of JCB in more than 50 years, during which the business has grown from its Staffordshire roots into one of Britain’s largest privately owned manufacturers, with 23 factories and more than 20,000 employees worldwide.
The announcement coincides with JCB’s resilient 2025 performance, despite mixed market conditions and geopolitical headwinds worldwide. Sales turnover totalled £5.7 billion, profit before tax was £642 million, and machine sales reached 113,498 units, while the business remained debt-free with no net borrowings. JCB also increased its global market share, despite flat demand in North America and a 12% market contraction in India.
At the heart of JCB’s investment in Britain is the £100 million transformation of its Staffordshire headquarters – JCB’s home since 1950, when Joseph Cyril Bamford moved production into a former cheese factory in Rocester. The transformation includes a £60 million fully automated powder paint plant and a comprehensively modernised shop floor, helping secure the future of more than 8,000 UK jobs.
In the USA, JCB’s new $1 billion factory in San Antonio, Texas, one million square feet and JCB’s largest factory in the world, opens next month. It will build Loadall telescopic handlers and access equipment for North America, the world’s biggest construction equipment market.
Investment in factories is being matched by investment in innovation. Hydrogen-powered machines are now in production after JCB’s £100 million programme to develop hydrogen combustion technology, making it the first construction equipment company to bring a fully approved hydrogen-fuelled combustion engine to market.
Last month, those engines helped JCB set a record at the Bonneville Salt Flats in Utah. The JCB Hydromax, driven by Wing Commander Andy Green OBE, recorded 406.320mph (653.909km/h) on the Salt Flats, becoming the fastest hydrogen-powered vehicle ever, more than doubling the previous hydrogen combustion record and beating JCB’s own Dieselmax diesel record, set 20 years earlier. JCB Hydromax ran on two production-based hydrogen engines built at JCB’s factory in Foston, Derbyshire, and went from idea to world record in just 18 months.
Meanwhile, the JCB Academy, a pioneering project championed by Anthony Bamford to address the UK’s engineering skills shortage, continues to grow. This year, 708 students applied for 314 places available this September, maintaining the Academy’s long-standing reputation for being heavily oversubscribed. Since opening in 2010, it has educated around 3,750 young people and boasts a 100% leavers-to-employment-or-further-education record. This month, a total of 116 new apprentices, undergraduates and graduates, selected from more than 6,300 applicants, also joined JCB.
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