JCB has announced a series of major investments and expansions to take advantage of global market growth as the company reported a 48% increase in revenue for 2010.

JCB Chairman Sir Anthony Bamford revealed that JCB's revenue in 2010 was $3.2 billion (£2.0 billion) up from $2.2 billion (£1.35 billion) in 2009. In 2010 JCB sold 51,600 machines compared to 36,000 in 2009.

Sir Anthony also announced that: In 2010 JCB strengthened its position as the World Number One for backhoe loaders and Loadall telescopic handlers JCB is building a new $100 million (£63 million) factory in Brazil which will produce excavators and backhoe loaders JCB India has invested $30 million (£19 million) in a new engine plant in Ballabgarh, Delhi JCB is launching 13 new products at an international trade show in the USA today.