Skip to main content

Celebrating 40 years of excavator production

JCB Finance is celebrating its 40th Anniversary, tracing its origins back to the formation of JCB Credit in February 1970. In the first year of operation it achieved a turnover of £900,000 (€1 million) reaching the milestone of over £500 million (€563 million) in lending balances in December 2007. August 1998 saw a name change to JCB Finance Limited, the result of a desire from JCB to replicate the success of its UK finance arm under one common finance brand across the world.
May 14, 2012 Read time: 1 min
255 JCB Finance is celebrating its 40th Anniversary, tracing its origins back to the formation of JCB Credit in February 1970. In the first year of operation it achieved a turnover of £900,000 (€1 million) reaching the milestone of over £500 million (€563 million) in lending balances in December 2007. August 1998 saw a name change to JCB Finance Limited, the result of a desire from JCB to replicate the success of its UK finance arm under one common finance brand across the world.

For more information on companies in this article

Related Content

  • JCB’s historic fleet deal
    December 4, 2013
    JCB has won one of the biggest single orders in its history after securing a deal for 900 machines worth more than €61 million (£53 million) from leading UK plant hirer Fork Rent. The deal for Loadall telescopic handlers cements Ipswich, eastern England-based Fork Rent’s position as the UK’s biggest hirer of the product and with the most modern fleet of this type of machine. The machines are manufactured at JCB's World HQ at Rocester, Staffordshire, central England, and all are to be delivered before the en
  • ConExpo Russia: Planning starts for 2009
    July 23, 2012
    The AEM says that its inaugural trade show in the Russian capital "exceeded expectations." Patrick Smith reports The first CONEXPO Russia, held in the capital Moscow, attracted some 6,000 attendees, according to the organisers. The Association of Equipment Manufactures (AEM) said after the inaugural event in September that more than 50% of the 2008 exhibition space had already been sold for the 2009 exposition. "Leading construction equipment companies from around the world that supported the first ever CON
  • Police in Europe are getting tough on driving under the influence
    November 13, 2012
    Police in Europe are using tough enforcement to tackle the problem of drivers under the influence of drink and drugs. A series of measures have been employed to enforce drink driving and drug driving regulations across Europe. Police conducted more than 900,000 breath tests in a seven-day operation this summer. Of these, nearly 18,000 drivers tested positive for alcohol. Motorists were also checked for drugs in the operation. In total, 928,863 drivers were checked and there were 17,970 alcohol and 2,773 dru
  • Engine firm Deutz is celebrating 150th anniversary
    April 3, 2014
    Engine manufacturer Deutz is celebrating its 150th anniversary. The company was established on the 31st March 1864 and was the world's first engine factory. Its history is closely linked with the development of the internal combustion engine with the four stroke ‘Otto’ cycle being developed in 1876. Today the Cologne-based company employs around 4,000 people and has a presence in over 130 countries. The atmospheric gas-powered engine, the four-stroke engine and low-voltage magneto ignition are technical inn