JCB plans to invest R$ 120 million (US$ 20 million) in its factory located in Sorocaba, State of São Paulo, with the objective of increasing annual production capacity from 4,000 to 10,000 units by 2026. JCB expects to grow 50% in sales volume this year, compared to last year’s results, and more than double the sales.
Source: Valor Economico Read The Article
PSR Analysis: With the increased production volume from new products made in Brazil, such as Wheel Loaders, JCB should be above 80% capacity. With the market growth forecast for Brazil, it will be necessary for JCB to increase production capacity. The scenario is slightly different for other players who have higher capacity in their plants in Brazil. PSR
Fabio Ferraresi is Director, Business Development South America, for Power Systems Research
