# JCB announces R$ 120 million investment in Sorocaba factory, Brazil

JCB do Brasil announced R$ 120 million in investments for 2022-2024 at its Sorocaba factory, creating about 300 new jobs. The factory produces construction equipment like backhoe loaders.

- Type: Investment
- Announced: 2021-10-21
- Where: Sorocaba, São Paulo, Brazil
- Value: $21.5M (120.0M BRL)
- Jobs: 300
- Status: announced
- Capacity: 10,000 machines per year
- Products: backhoe loaders, construction equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [JCB](https://endata.com/companies/16316.md)

## Sources

- [en.clickpetroleoegas.com.br](https://en.clickpetroleoegas.com.br/multinacional-jcb-anuncia-300-novos-empregos-e-investimentos-de-r-120-milhoes-em-fabrica-no-estado-de-sao-paulo/), 2021-10-23: "As we have a number of projects in development in the country and in Latin America, we will allocate R$ 120 million to various fronts, such as production, launching new products, equipment, and increasing our production capacity."
- [clickpetroleoegas.com.br](https://clickpetroleoegas.com.br/multinacional-jcb-anuncia-300-novos-empregos-e-investimentos-de-r-120-milhoes-em-fabrica-no-estado-de-sao-paulo/), 2021-10-23: "Como temos uma série de projetos em desenvolvimento no país e na América Latina, nós vamos colocar R$ 120 milhões em diferentes frentes, como na produção, lançamento de novos produtos, equipamentos e para aumentar nossa capacidade produtiva."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.