George Bamford Will Become Joint Chairman of JCB
George Bamford joins his father as joint chairman in October 2026 as JCB readies a new Texas factory.
Updated on Sept. 27, 2026 in Manufacturing
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JCB announced that George Bamford will serve as joint chairman beginning in October 2026, working alongside his father, Anthony Bamford. The company is simultaneously preparing to open a new production facility in San Antonio, Texas, at the same time.
Why it matters
The leadership change arrives as JCB seeks to revitalize growth following a challenging 2025 that saw a decline in machine sales. The new Texas factory is a strategic move to bypass tariff costs and expand the company's manufacturing footprint in the U.S.
JCB reported a 2025 annual turnover of £5.7 billion from the sale of 113,498 units. While the company pursues expansion, it is also investing £100 million in its Staffordshire headquarters, including a £60 million automated paint plant.
The players
George Bamford
He will serve as the joint chairman of JCB starting in October 2026.
Anthony Bamford
He has served as the chairman of JCB since 1975.
JCB
The company is a global manufacturer of construction and agricultural equipment founded in 1945.
The details
The upcoming San Antonio site is projected to generate 1,500 jobs over the next five years to help offset recent global market conditions. JCB maintains a robust international presence and continues to navigate a 12% market contraction in India.
Timeline
1945 marks the founding year of JCB.
1975 is the year Anthony Bamford became chairman.
2025 served as the fiscal year with £5.7 billion turnover.
October 2026 is when George Bamford begins the joint chairman role.
October 2026 is the scheduled opening date for the Texas factory.
Market Landscape
JCB's move into San Antonio reflects the wider industry shift toward regionalized manufacturing to mitigate international tariff exposure. This expansion positions the company to better compete with domestic rivals while stabilizing its supply chain against global volatility.
The opening of the San Antonio factory is expected to create 1,500 jobs in the local area over the next five years. Consumers and contractors in the U.S. may see improved product availability as the company scales its domestic production capacity.
The takeaway
JCB is balancing a significant leadership transition with a major U.S. capital investment to drive future growth. The company aims to overcome recent profit pressures by establishing a more localized production base for North American customers.
Further reading
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