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

  • Repair, recycling and warm mix technology at Italy’s Asphaltica exibition
    May 15, 2017
    As the name might suggest, the Asphaltica show in Verona, Italy was a good place to catch up on new ideas and applications for bitumen technology. Kristina Smith picked out a few highlights. Like many of its European neighbours, much of Italy’s road network is in dire need of love and attention. This was a constant theme for the Asphaltica show which was held alongside SaMoTer in Verona from 22-25 February. Speaking at the opening ceremony for the two shows, Michele Turrini, president of SITEB, which repres
    Read More
  • Indian quarry boosts wear life and output
    June 20, 2016
    An Indian quarry facility has seen increased uptime and gains in overall efficiency due to the installation of new wear components in its crushing system Installing new distributor plates in this Indian granite quarry has increased its plate operational lifetime by 400-500%. Panchami Stone has fitted the unique HX900 plates to the 85 HP rotor of its Sandvik Construction CV218 VSI, reducing its replacement costs by 50%. The Panchami Stone granite quarry is located 60km from Bangalore, in the south of I
    Read More
  • Engine maker Deutz dumps full-year 2015 forecast amid poor trading
    September 16, 2015
    German engine maker Deutz Group said it will not meet its forecast for the current financial year. A sluggish second quarter with “very low” new orders means revenue is expected to fall by around 20% compared with the forecasted 10% drop, according to a corporate statement. “Consequently, the second half of 2015 will be significantly worse than the first half of the year,” the statement said. “Given the low level of business, Deutz will only be just about break even in terms of EBIT this year. Unt
    Read More
  • Troxler celebrates 50 years
    July 18, 2012
    Troxler Electronic Laboratories is celebrating 50 years of providing services to the highway industry. In this half-century, Troxler says it has been awarded over 100 patents by the US Patent Office for innovative products that have improved or created many of the new technologies used today in the construction industry. The company is originally known for its nuclear moisture density gauges, but it also provides non-nuclear electromagnetic density devices as well as Superpave gyratory compactors, asphalt i
    Read More

Highlighted Content