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|JCB INC.-- A major
worldwide manufacturer of backhoe loaders, telescopic boom materials handlers,
mini hydraulic excavators, articulated
wheel loaders, excavators, rough-terrain forklifts, skid steer loaders, high-speed full
suspension agricultural tractors, all made with transmissions built and designed by JCB.
The firm established its U.S. base in a suburb of Baltimore, Md., during
1971. The U.S. unit and the JCB
Excavators Ltd. Office in Canada are wholly-owned subsidiaries of J.C. Bamford Excavators
(JCB) headquartered in Rochester, England.
Pre-tax earnings by the firm slipped by 54.4 per cent during 2000 to $59.0 million. However, worldwide sales expanded during the same year by seven per cent to $1.25 billion. Nearly 43 per cent of JCB annual sales originate in Western Europe.