British construction equipment manufacturer JCB announced plans to double the size of its new factory in San Antonio, Texas, from 500,000 sq ft to 1 million sq ft, in response to President Trump's 10% tariffs on all UK imports. The $500 million facility will create 1,500 jobs and begin production in 2026, manufacturing equipment specifically for the US market. JCB's leaders emphasized the need to localize production amid tariff challenges, while expressing hope for favorable trade negotiations between the UK and US.
"President Trump has galvanised us into evaluating how we can make even more products in the USA, which has been an important market for JCB since we sold our first machine there in 1964."
"We are thankful that the tariff is only 10 per cent and we can only hope that the UK government will conclude negotiations on a trade deal in the coming days and weeks."
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