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's strong financial performance first half of 2016
    November 28, 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 pro
    Read More
  • Prismo division acquired by DBi Services
    February 17, 2012
    DBi Services has acquired the assets of the contracting division of Prismo Road Markings T/A Ennis Traffic Safety Solutions, a subsidiary of Ennis Paint.
    Read More
  • Construction machine sales strengthening in Italy
    November 28, 2016
    Construction machine sales are strengthening around the globe. A report from the SaMoTer-Veronafiere Outlook reveals that 7,551 construction machines were sold in Italy over the period from January-September 2016. This represents a gain of 32% from the same period in 2015 and a further increase of 37% is estimated in Italy for the two-year period 2017-2018. Worldwide the first nine months of 2016 saw sales around the world of 496,500 earth moving machines, a drop of around 5,000 less (1%) compared to th
    Read More
  • Caterpillar opens new Chinese facilities and celebrates 20th anniversary
    March 31, 2014
    Caterpillar’s Chinese excavator facility in Xuzhou, China has celebrated its 20th anniversary since its opening. The Caterpillar (Xuzhou) facility was the firm’s first hydraulic excavator manufacturing factory in China and the company has now extended its capabilities by opening the additional Caterpillar Chassis (Xuzhou) plant. The opening was celebrated in an event attended by Caterpillar’s key executives. Following a series of investments, Caterpillar (Xuzhou) has now become the world's largest excavator
    Read More

Highlighted Content