The yellow construction and earthmoving machinery made by JCB has grown into one of the nation’s best-known brands since Joseph Cyril Bamford founded the business in 1945. Still family-owned, the company’s global expansion under chairman Sir Anthony Bamford yielded record profits in 2007 on sales of £2,250m. Since then the company has warned that sales in America and parts of Europe have been hit by the credit crunch. JCB now produces 72,000 machines a year and is the third-biggest construction equipment maker in the world with about 12% of the market.
This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.