Source: Rental Equipment Register
JCB posted a record year in 2014, the single largest sales year in its history, the company said. The growth coincides with notable milestones: JCB’s 70th year in business worldwide, its 45th year doing business in North America and its 15th year manufacturing in Savannah, Ga.
“JCB’s global sales were helped by a strong North American construction equipment market that grew by 13% in 2014,” said Arjun Mirdha, president and CEO of JCB North America. “In fact, JCB North America achieved a 23% increase in sales over 2013, marking its fifth consecutive year of growth — and we’re just getting started.”
JCB North America has achieved 193% growth during the past 4 years. According to Mirdha, JCB’s continued investment in North America has played a key role in its growth, increasing its field sales and service staffs and adding factory jobs. JCB expanded its warehouse distribution, doubled the size of its Canadian distribution facility and added a Chicago warehouse, more than doubling its warehouse footprint.
“Our investment in a world-class Tier 4 Final engine solutions has brought upgrades throughout our expansive product line,” Mirdha said. “Over the past 4 years, we’ve invested over $60 million to revamp our skid steer and compact track loader product lines. We have also introduced the manufacture of our new 3CX entry level, rental-ready backhoe in Savannah.”
JCB now has more than 300 North American locations in its dealer network and plans to have 500 distribution outlets in place by 2018.