JCB Accelerates Global Investment Following Hydrogen-Powered World Record

£100
million Staffordshire transformation, $1 billion Texas factory and hydrogen
technology programme support the manufacturer’s next phase of growth
JCB is
stepping up investment in manufacturing capacity, technology and skills
following the record-setting performance of its hydrogen-powered JCB
Hydromax. The company is investing in its Staffordshire headquarters in the
UK while expanding production capacity in the United States with a new factory
in San Antonio, Texas.
The
developments come alongside a leadership transition, with George Bamford set
to become Joint Chairman of JCB alongside his father, Lord Bamford. The
move represents the first change at the top of the family-owned company in more
than five decades.
JCB,
which now operates 23 factories and employs more than 20,000 people
worldwide, said the investments are intended to strengthen its
manufacturing capabilities and support its next phase of development.
£100 Million Transformation of Staffordshire
Headquarters
At the
centre of JCB's UK investment programme is a £100 million transformation of
its Staffordshire World Headquarters, which has been the company's home
since 1950.
The
programme includes a £60 million fully automated powder paint plant and
a comprehensively modernised manufacturing shop floor. According to JCB, the
investment will help secure the future of more than 8,000 UK jobs while
upgrading production capabilities at the company's historic base.
$1 Billion Texas Factory
JCB is
also expanding its North American manufacturing footprint. The company's new $1
billion facility in San Antonio, Texas, covering approximately one
million square feet, is scheduled to open next month.
The
facility will become JCB's largest factory globally and will manufacture Loadall
telescopic handlers and access equipment for the North American market. The
company expects the investment to create approximately 1,500 jobs over the
next five years.
Hydrogen Technology Moves into Production
JCB's
manufacturing investments are being accompanied by continued development of
alternative power technologies. Following a £100 million hydrogen combustion
technology programme, hydrogen-powered machines are now entering
production.
JCB says
it has become the first construction equipment manufacturer to bring a fully
approved hydrogen-fuelled combustion engine to market.
The
technology recently gained global attention when the company's JCB Hydromax
set a new hydrogen-powered land speed record at Utah's Bonneville Salt Flats.
Driven by
Wing Commander Andy Green OBE, Hydromax achieved a speed of 406.320
mph (653.909 km/h), making it the fastest hydrogen-powered vehicle
according to JCB. The run more than doubled the previous hydrogen combustion
record and surpassed JCB's own Dieselmax record set two decades earlier.
Hydromax
was powered by two production-based hydrogen combustion engines manufactured at
JCB's facility in Foston, Derbyshire. The project progressed from concept
to world-record attempt in approximately 18 months.
Resilient 2025 Performance
JCB also
reported a resilient financial and operational performance for 2025 despite
challenging market conditions and geopolitical uncertainty.
The
company recorded £5.7 billion in sales turnover, £642 million in
profit before tax and machine sales of 113,498 units. JCB said it
remained debt-free with no net borrowings and increased its global market share
during the year.
The
company noted that North American demand remained broadly flat, while the
Indian construction equipment market contracted by 12% during 2025.
Investment in Engineering Skills
JCB is
also continuing to invest in the next generation of engineering talent through
the JCB Academy in Staffordshire.
The academy
received 708 applications for 314 places for the September intake. Since
opening in 2010, it has educated approximately 3,750 young people, with
JCB reporting a 100% record of graduates progressing into employment or further
education.
The
company also welcomed 116 new apprentices, undergraduates and graduates
during September, selected from more than 6,300 applicants.
Preparing for the Next Phase
Commenting
on the investment programme, Lord Bamford, Chairman, JCB, said the
company was investing across its Staffordshire headquarters, hydrogen
technology and new Texas manufacturing facility as it prepares for its next
phase.
George
Bamford, who
will become Joint Chairman, highlighted JCB's continued focus on innovation and
investment in Britain while acknowledging the company's expanding global
manufacturing footprint.
JCB CEO Graeme
Macdonald said that while 2025 presented mixed market conditions, the
company maintained a robust overall performance. He noted that machine sales
declined by around 5%, while turnover remained broadly stable, supported by
market and product mix.
Looking
ahead, JCB expects moderate market growth in 2026, despite continued
geopolitical uncertainty. With additional manufacturing capacity coming online
in Texas and Staffordshire, the company is positioning its global operations to
support future demand across construction and related equipment markets.