JCB relocates compaction equipment production to India and UK factories
JCB announced its plans to relocate compaction equipment production to UK and India factories and close the Gatersleben plant in Germany.
The move is being made to improve JCB’s compaction sector competitiveness following strategic review of its compaction business and recent structural changes in global market conditions.
JCB Chief Executive Officer, Graeme Macdonald said, “The decision to relocate production of compaction equipment to factories in the UK and India is right for our business. Demand for compaction equipment has shifted towards emerging markets and manufacturing smaller models in the UK and larger equipment in India is in our customers’ best interests, especially in light of our recent investments in new compaction products.”
“This will improve the competitiveness of JCB in the compaction sector. It will also create a far more sustainable position on which we can build as we grow the business in the future”.
According to JCB India’s MD and CEO Vipin Sondhi, “The demand for larger compaction equipment is growing at a steady rate in the Greater India region and we will now have better flexibility to produce global quality machines in India for our customers in the region as well as for exports.”
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