JCB, Inc. has announced plans to construct a new facility in San Antonio, which will manufacture telescopic handlers and aerial work platforms. This development is expected to bring a significant economic boost to the city, with the creation of over 1,000 jobs and a capital investment of more than $265 million. Furthermore, the project is projected to generate an additional 1,500 jobs by 2028.
In support of this initiative, JCB, Inc. has secured a grant of over $5 million from the Texas Enterprise Fund. Additionally, the company will receive a bonus of $42,000 for specifically creating job opportunities for veterans. The significance of this milestone was marked by a celebratory event on Friday, attended by city and state leaders alongside company officials.
San Antonio Mayor Ron Nirenberg expressed his enthusiasm, stating, “Today, we celebrate the world’s largest, privately-owned construction, agricultural, and industrial equipment manufacturer joining our San Antonio community.” Bexar County Judge Peter Sakai echoed this sentiment, emphasizing the positive impact of JCB’s presence in the region’s advanced manufacturing industry. He highlighted the multiplier effects of such manufacturing operations, which extend beyond initial job and capital investments.
While an exact date for the facility’s opening has not yet been announced, the anticipation surrounding this development is significant. JCB’s decision to establish a presence in San Antonio is a testament to the city’s growing reputation as a hub for advanced manufacturing.
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