JCB shows how niche global manufacturers can prosper despite a declining domestic market, posting record financial results in 2011, with sales growing 36% to £2.7 billion in 2011. The founder’s son, Sir Anthony Bamford, has run the business since 1975 and has expanded it to become the world’s third-largest construction-equipment brand by volume. The company has its headquarters in Staffordshire, employs 10,500 people worldwide and makes 300 different machines that are sold in more than 150 countries.
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