JCB plans San Antonio factory expansion to dodge Trump’s tariffs
- JCB, a U.K.-based company, announced an expansion of its San Antonio factory project this month.
- Originally announced in 2023 as a $500 million plant, the expansion aims to mitigate the impact of tariffs.
- The revised plan increases the facility size to 1 million square feet and aims to create 1,580 jobs.
- The average wage for these jobs is projected to be $54,889, according to a 2024 presentation.
- Production at the expanded San Antonio factory is scheduled to begin next year, with the project still under construction.
5 Articles
5 Articles
Blackmagic Design halts US factory plans due to concerns over tariffs
Image: Blackmagic Design Blackmagic Design, an Australian company known for its professional cinema cameras and DaVinci Resolve editing software, had ambitious plans to expand into American manufacturing with a new factory in Dallas, Texas. However, thanks to the newly introduced US tariffs, those plans have hit a snag. The company had hoped US-based production would strengthen ties with American semiconductor firms and streamline its supply cha…
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