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.
Earthmoving & soil compaction

For more information on companies in this article

JCB

Related Content

  • 2-4 year-old construction equipment tops buyer ‘wish list’
    May 11, 2012
    A leading used construction equipment auctioneer firm boss believes equipment aged between 2 and 4 years is now topping buyers’ ‘wish lists’, as 1 to 2-year-old used stocks deplete. Jonnie Keys, General Manager of Euro Auctions, said that with the cost of new equipment currently up by around 20% on prices in June 2009, the used market is still strong. “Euro Auctions has repeatedly seen over 30% of all plant sold leaving the UK and Europe for projects in Australia, South Africa, South America, Central Ameri
    Read More
  • Keestrack celebrates record orders
    March 8, 2017
    Keestrack is celebrating a record order book at the start of 2017 as the company begins a huge period of global expansion. The Belgian mobile crushing & screening manufacturer’s January-February model orders represent the highest two-month period for orders in Keestrack’s 21-year history.
    Read More
  • Sunderland’s New Wear Crossing takes shape
    February 16, 2017
    The New Wear Crossing will be the first bridge to be built over the River Wear in Sunderland, UK, for more than 40 years Raising the bridge’s 100m-tall pylon promised to be a stunning visual sight, but also a tricky operation dictated by extremely variable local weather. World Highways went to press just before the operation, but not before the pylon had arrived by barge on January 7. It had completed a two-day crossing of the often unpredictable North Sea from the Belgian port of Ghent where it was f
    Read More
  • GRAA winner profile: world’s longest suspension bridge has opened in Turkey
    May 3, 2022
    The opening of the majestic 1915 Canakkale Bridge on March 18, 2022, well ahead of its initial schedule, has set new records for Turkey and international bridge engineering. After Istanbul's three bridges over the Bosphorus Strait, Turkey now boasts a fourth bridge connecting Europe and Asia, and the first to span the Dardanelles Strait.
    Read More

Highlighted Content