Friday, 6 December 2013
JCB's £150m plan to create 2,500 jobs
To mark today’s announcement, Chancellor of the Exchequer George Osborne, will visit JCB’s backhoe loader factory in Rocester, Staffordshire.
His visit comes the day after he delivered his Autumn Statement, in which he committed Government funding to unlock economic growth in Staffordshire with a major road improvement project on the A50 trunk road in Uttoxeter.
Studies have shown that for every job created by JCB, three jobs are created in the firm's supply chain.
The £150m plans, which represent the single largest investment in JCB’s history, include:
All the plans are subject to planning consents from the local authorities.
JCB Chairman Lord Bamford said: “Our plan to create 2,500 high-quality manufacturing jobs locally is clear evidence of the important link between infrastructure improvement and job creation. The Chancellor’s decision to invest in the regional infrastructure means JCB can continue to invest locally, which is good for Staffordshire and good for Britain, especially given the wider benefits to our UK supply chain.”
During his visit to JCB, The Chancellor will meet with senior company executives and be introduced to employees in the backhoe loader factory.Back