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General Industrial News - Early April 2025

Summary by GTMA
JCB is set to double the size of a $500m factory currently under construction in Texas in response to tariffs imposed by President Trump. The machinery giant has confirmed that the tariffs will impact its business in the short term, but its new factory in San Antonio will “mitigate the impact” medium term. Anthony Bamford, JCB’s Chairman, said that “President Trump has galvanised us into evaluating how we can make even more products in the USA…
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GTMA broke the news in on Tuesday, April 15, 2025.
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