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

  • Hyundai sees strong profits for 2016 so far
    July 27, 2016
    Hyundai Heavy Industries (HHI) has revealed a strong financial performance during the first half of 2016. Profits for the engineering firm reached US$792.754 million (900 billion South Korean Won) for the first half of 2016. The second quarter for the April-June period was healthy, with HHI achieving $8.68142 billion (9.8627 trillion Won) in sales, while operating income stood at $490.504 million (557.2 billion Won). Meanwhile accumulated sales hit $$17.7306 billion (20.1355 trillion Won) and operating p
    Read More
  • Multiple asphalt plants supply major highway construction
    July 12, 2012
    One company has produced eight asphalt plants for a major project, and others are introducing new models as Patrick Smith reports Algeria's US$11.2 billion East-West Highway development, the world's largest current highway construction project, forms part of the larger Trans-Maghreb Motorway project, and is scheduled for completion in 2010. It will run for 1,216km, ensuring the link between Annaba in the north-east and Tlemcen in the north-west, passing directly through 24 provinces and linking Algeria to T
    Read More
  • 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.
    Read More
  • IRF Regional Conference, Istanbul: Turkish economy surges ahead
    April 13, 2015
    IRF Regional Congress to be held against backdrop of ramped up highway investment Turkey has long enjoyed a privileged geographic position at the crossroads of Europe, Central Asia and the Middle East. Buoyed by a vibrant economy (4.5% average GDP growth between 2002 and 2012), Turkey has embarked on an unprecedented effort to develop and modernise its transport infrastructure by 2023, marking the centennial of the foundation of the modern Turkish Republic. This plan, which seeks to propel Turkey as
    Read More

Highlighted Content