# JCB announces BRL 500 million investment to double production in Sorocaba, Brazil

JCB announced a BRL 500 million investment in its Latin American operations, with BRL 150 million for modernizing the Sorocaba factory, aiming to double production capacity by 2030.

- Type: Investment
- Announced: 2024-06-14
- Where: Sorocaba, São Paulo, Brazil
- Value: $93.0M (500.0M BRL)
- Starts operating: 2030
- Status: announced
- Capacity: double production from 5,000 to 10,000 machines per year
- Products: backhoe loaders, telescopic handlers, wheel loaders, excavators, compact equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

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

## Sources

- [cruzeirofm.com.br](https://www.cruzeirofm.com.br/2024/06/14/noticias/jcb-anuncia-investimentos-em-sorocaba/), 2024-06-14: "Encerramos, no começo deste ano, um ciclo de investimentos de R$ 120 milhões iniciado em 2021. Agora entramos num novo ciclo com uma etapa de modernização que irá aumentar nossa capacidade e produtividade."
- [epocanegocios.globo.com](https://epocanegocios.globo.com/empresas/noticia/2024/06/inglesa-jcb-vai-investir-r-500-milhoes-para-dobrar-producao-no-brasil.ghtml), 2024-06-14: "A fabricante inglesa de máquinas da linha amarela JCB anunciou, nessa sexta-feira (14), investimento de R$ 500 milhões para duplicar a capacidade de produção da fábrica em Sorocaba (SP)."

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