How JCB Went From A Small Local Company To A Billion Dollar Business

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Extreme Force

Күн бұрын

Пікірлер: 240

@carlstevens4981 3 ай бұрын

A true British company with morals and a good worker relationship. It's so nice to see it. Good on JCB

@FrankWilkinson-ig6co 3 ай бұрын

We need more companies like JCB. And let's all be proud of them.

@kevinparfitt6452 4 ай бұрын

So unusual, a British success story not selling out to a foreign rival, respect for their charitable support too.

@ScienceChap 3 ай бұрын

Rolls Royce.

@saltymonke3682 Ай бұрын

Because they weren't nationalised in 1960s and 1970s by Labour.

@tomasarcher4761 4 ай бұрын

Bamford founded JCB in Rocester but today the company is the main reason why the local town, Uttoxeter, fairs better than many other rural towns in the UK. The company employs most of the town, I know this because I've lived there for 26 years. JCB looks after their employees as well; getting a job there guarantees a stable income for the rest of your life, the company is unionised and employees get generous benefits.

@Streetrocker28 3 ай бұрын

Sadly those days are ending …

@andwerwalton1275 3 ай бұрын

A proper company that looks after the people who work for them .plus the wider public .Well done to you all at jcb for the last 80 years and the future to come

@jackx4311 4 ай бұрын

I can tell you the main reason why JCB has proved so successful in the long term - and I'm astonished this commentary failed to mention it. *EVERY share in JCB is owned by a member of the Bamford family.* If, therefore, they decide to invest a massive proportion of their net income in R & D, there are no external shareholders to demand that they use that money to pay out higher dividends on shares. This policy, which Joe Bamford adopted from the start, also makes them fireproof against the sort of hostile take-over suffered by Ferguson's, when other directors virtually sold the company out to the American company Massey behind Harry Ferguson's back. Inevitable result? A few years later, Massey closed the English side down and fired all the staff. A couple of other points which should ALSO have been made clear; JCB is now the second biggest company in the world for plant and machinery for agriculture, construction and materials handling - and the *BIGGEST in the world for back-hoe loaders!*

@alecbooth5924 4 ай бұрын

No JCB are number 6 in the world 1 AB Volvo 2 Cat Caterpillar 3 Komatsu 4 Doosan/Develon (Hyundai heavy industries) 5 Hitachi 6 JCB 7 Liebherr

@paulreynolds9003 Ай бұрын

I hope they continue their success.

@saltymonke3682 Ай бұрын

Just like most of big Japanese companies, then

@timgriggs8592 24 күн бұрын

You're right about the Bamford approach to finance - much nearer the German and Japanese models. But you're slightly off about Ferguson - he was a good engineer but impossible to deal with and just annoyed everyone he needed to secure the tractor business. Which is why no company bore his name after about 1960.

@yamanmustafa7574 4 ай бұрын

I was working at a cancer charity linked to one of the top hospitals in the UK years ago. We got a random cheque for 6 figures from a Mr Anthony Bamford. Turns out we treated a Mr Joseph Cyril Bamford years ago!

@Freesavh1776 4 ай бұрын

A very proud Savannah native, & we are very proud of our JCB plant here. It's actually in a municipality called Pooler. The tractor displays they always set up on the islands in the lagoons facing I-95 are always a site to see.

@alanharvey6677 Ай бұрын

My two grandsons were educated at the JCB academy, they received a first class engineering education and both were instantly employed in engineering companies, They have never looked back since learning the academy. WELL DONE JCB.

@juniusvindex769 4 ай бұрын

As a young teen I still remember my first time in a loadall it was on loan from jcb as it was at the time unavailable and not even for sale, and my stepdad used it with a spike to move hay bales and straw around the farm with us in the cab. He loved it, they pre ordered one . He also had one of the first fastracs on the farm. Nice to see a British brand excel and innovate. It's what made this country great after all. 👍🏻❤️

@r-urbex1611 4 ай бұрын

The first fastrac? Poor poor bloke, those things are a mechanical nightmare 😂😂

@tenerifereddog3943 4 ай бұрын

Proud to point out to my colleague's here in Tenerife that my 4CX is British built. An amazing success story.

@williamparker3765 4 ай бұрын

Thank you for the video, I can remember the factory at Rocester in Staffordshire, as a driver for British Road Services I delivered goods there every day from suppliers all over the country. May the factory continuer for a good number of years.

@PHILCHUDS 2 ай бұрын

My dad drove for BRS . He did the Mars , Rank Hovis McDougal and Sharwoods contracts. As a matter of interest , did you buy any shares when it was floated ? It was very succesful for my dad and my brother !!

@williamparker3765 2 ай бұрын

@@PHILCHUDS No I worked for BRS Parcels in Derby, this is why I was at JCB every day, I had left BRS before they were floated

@PHILCHUDS 2 ай бұрын

I bet you wished you stayed . My dad and bro turned £200 into 16k. Most succesful privatisation ever. Me being the idiot bought my first motorbike for £545 . Big mistake. I'd have been set for life if i bought shares with that. But hey.

@immortallvulture 3 ай бұрын

I know a few people who went to work for JCB and I hear nothing but good things. A great company culture and very good on training and pay.

@rockerjim8045 Ай бұрын

we employed Dennis to work on our House Build Project. the oldest JCB digger driver in England he was 85! and he is still driving one today

@ULHIS 4 ай бұрын

The very best of British engineering. Always leading the way. Up there with the great Irish minds like Harry Ferguson. The modern men.

@paulripley2178 Ай бұрын

Bamford sold his equipment for POUNDS not for DOLLARS.

@scottiedog4236 2 ай бұрын

I live in Staffordshire and JCB have been around for decades. Great company wow the history is amazing

@normie8895 Ай бұрын

JCB first made a single arm front loader in 1952, the backhoe followed soon after, there were competers including Whitlock Dinkcom (now Volvo) and Shawny Warrior, all three machines where attached to a standard farm tractor, JCB soon made a fully dedicated purpose chassis fully integrated assembly machine, the JCB 4.

@SirPrancelot1 2 ай бұрын

Fascinating history. Thanks.

@Chicken-x6q6d 3 ай бұрын

JCB, I remember posing sat in a 3CX while I was at primary school for pictures with a crew and mechanic who was there, along with the rest of my class, teacher and headmaster who were lined up beside it. One reason was because they were impressed with how much I knew about them for a 7 year old which included enough to do the checks and operate it, but also because that particular machine was exactly my age at the time, one of the first off the line in 1985.

@georgefox1849 4 ай бұрын

Have spent 46 years on the seat of a jcb helping me to buy my own farm Bamford are a great out fit

@andydunn5673 3 ай бұрын

Well said

@Extr3meForce 3 ай бұрын

Lucky man!

@timothysleight844 4 ай бұрын

we can all be proud of this story what made Great Britton / Great , just amazing , keep it going Chaps .

@aliorr9356 4 ай бұрын

It's an evil company, nothing to be proud of.

@John-nc4bl 4 ай бұрын

NOT GREAT AND YOUR LITTLE ISLANDS ARE GOING DOWN TH ETUBE, NO PUN INTENDED. Commander of the britarded empire which thankfully was no more long before Bamfords time. The britarded empire killed more people over its 300 years OF ITS GREEDY INVASION OF MANY COUNTRIES, TERROR AND DEATH than the total number of victims killed in WWii

@darrenfarrell-bn2cb 4 ай бұрын

Master Mechanic And a Good Head for Business = Success.

@danielsmith4986 4 ай бұрын

Thanks, well done!..They have alot of history!

@timsmith5096 4 ай бұрын

It’s simply a JCB, just like a Hoover or Dyson, Quality not profit no external investors, it must be doing something right to keep growing, may it continue

@Dr.Ian-Plect 4 ай бұрын

"It’s simply a JCB, just like a Hoover or Dyson, Quality not profit" - complete tripe, it's a business, not a charity

@aliorr9356 4 ай бұрын

Those crooks should have been out of business years ago

@kcb8130 4 ай бұрын

As an equipment operator - JCB sucks

@Dr.Ian-Plect 4 ай бұрын

@@kcb8130 why

@Dr.Ian-Plect 4 ай бұрын

@@kcb8130 why

@bennwhite4052 4 ай бұрын

Rocester, Staffordshire, not Rochester, Kent.

@Extr3meForce 4 ай бұрын

Good catch, our mistake.

@eamonncaz 3 ай бұрын

I had come here to say the same thing, the amount of post we used to get for Rochester was astounding. But it needs over dubbing with the right name, sounds awful as it is. Pronounced “Ro-ster” (as in Row-stir) some say it like Ro-ses-ter which is technically right but locally wrong.

@6lr6ak6 3 ай бұрын

They really was an excellent design, soooo successful.

@charlieOkeene 2 ай бұрын

I applaud JCB. My wish would be that they develop a new line of British trucks. They'd be great too. 😊

@DavidReilly-z9g 4 ай бұрын

It was the Nuffield / BMC / Leyland skid unit that made the difference. Simple straightforward indestructible gearbox and backend. Simms in line injection pump. Excess fuel button. Simple machine. Easier than a shovel. NO BRAKES!!!🙏

@bishopkinlyside8477 4 ай бұрын

JCB are bringing a four-wheel-drive back to Australia. I’m going to have a good look at them if they are as good as their machinery should be fantastic. Only thing I don’t like about it it’s only got a 2 L motor but It won’t stop me from having a good look

@terrenceolivido741 23 күн бұрын

of course the commercial is part of the video, but it was the only commercial i have EVER seen on youtube that was worth listening too. god bless all.

@henrycarlson7514 3 ай бұрын

So Interesting , Thank You .

@Extr3meForce 3 ай бұрын

You are welcome!

@ChrisandHeathervanlife 4 ай бұрын

Being born in the sixties just down the road I will always refer to the Rocester factory as Joeys. Chris.

@alienapks 4 ай бұрын

JCB may as well the most one in the first invention in tractor manufacturing.

@John-nc4bl 4 ай бұрын

WRONG.

@SoFloDamien 20 күн бұрын

I see these badass machines all over the place here in Florida and now I know the backstory. This a fantastic story.

@PaulStrickland Ай бұрын

What you missed was Joseph (always known as Joe) who had been in the family business Bamfords Ltd (which made agricultural equipment) since 1935 in Uttoxeter, left the firm (1948) to start his own very successful excavator manufacturing company J.C. Bamford (Excavators) Ltd. The original Bamford Ltd continued until 1978. In November 1967, J.C. Bamford (Excavators) Ltd. made an offer for the company's whole share capital. The Board of Bamfords Ltd. reacted unfavourably to this bid, as J.C. Bamford (Excavators) Ltd. had failed to obtain sufficient acceptance from their shareholders which resulted in the bid being finally withdrawn.

@rburn6677 4 ай бұрын

Never knew JCB was a manufacturer... I always thought they were a construction equipment rental company. Now I know better.

@georgespruce6028 2 ай бұрын

JCB stands for Quality has I see it. I loved driving the JCB. And it's ability in what I could do with it.😂❤😅😢😂❤ I should also add that has a school boy I did a project on farm equipment and I received more pencils, rubbers, & so much more information from JCB than from any other company. And I remember to this day some 60 years later. Thank you JCB.

@justinwilliams4600 4 ай бұрын

What's that in British pounds.

@dlions9068 2 ай бұрын

JCB is a great company.

@IvyMike. 4 ай бұрын

Everything was going well until you mentioned Tony Blair, the sole reason the UK is in the state it is in today.

@ibubezi7685 4 ай бұрын

He helped levelling Iraq - creating a massive market for JCB equipment...

@luke8329 4 ай бұрын

Do you think our problems were nil in '96? The undermining has been going on for generations. I'd argue we peaked in 1900 , take a look at footage of our cities, towns and villages at that point. Beautiful. In 1914, when they did the gold to paper shuffle then sent the up and coming generation ,plus their inheritance to the dogs. That was the starting pistol so to speak.

@oktfg 4 ай бұрын

@@luke8329 1900 peak? I suppose if you consider half the population living in slums with a shared toilet and 80% only having cold running water and outdoor toilet. Halcyon days indeed.

@jaymacgee_A_Bawbag_Blethering 4 ай бұрын

Don’t talk pish … youve just came out of 14 years of why this country is struggling .. dik 👍🏴󠁧󠁢󠁳󠁣󠁴󠁿

@RoryFitzpatrick-pe3fx 4 ай бұрын

I’m northern Irish so at least Tony Blair did one good thing regarding our little country, but I live in Australia now and it doesn’t matter where you live all politicians are just in it for their own ego. People who drive a company to be the best in their industry are the ones that should be respected most. They give real jobs and it’s not just talk. Rant over

@derekstocker6661 4 ай бұрын

Fabulous success story, thank you so much for this, just make sure it stays British and not sold off to some other country that will probably destroy it!

@jackx4311 4 ай бұрын

It won't be sold off to anyone - as EVERY share in the company is held by a member of Joe Bamford's family! (and they're way too smart to sell)

@bruceburns1672 Ай бұрын

This proves that Britain as a Manufacuring country could have been as successful as modern Germany with good management and investment in product, how he succeeded despite the British Unions is beyond comprehension.

@munaali840 Ай бұрын

they dont need unions because they pay well and the staff share in the profits. But it is a family owned company so they dont need to 'maximise shareholder value' like the other companies and extract profit just for shareholders

@alienapks 4 ай бұрын

I love those socks

@Extr3meForce 3 ай бұрын

And we love you!

@CJ.A-C 4 ай бұрын

awesome

@kaduseus593 4 ай бұрын

Didn't the boss remortgage his house 3 times, when the markets crashed, just to keep his staff in employment and NOT lose his skill base?

@jackx4311 4 ай бұрын

I didn't know that, but having spoken to JCB staff, it wouldn't surprise me. Just like Sir Joseph Whitworth, he knew just how vital the contribution of his employees was to the company's success. In fact, when Whitworth died, he left the company to his employees, stating that they were just as resp[onsible for its success as he was!

@KeenJT 2 ай бұрын

What AI program are you using to pump out these videos?

@wxpanjab 2 ай бұрын

I am wondering about rpm on this channel?!

@andrewdalziel4006 2 ай бұрын

Those idiot politicians who are (failing at) running the country, need to take a long hard look at JCB and ask themselves "What can we learn from these people"

@davehann8178 3 ай бұрын

JCB 3C you old dog! good to see you, it's been a while.

@larryskeeper1197 4 ай бұрын

They have come a long way since my days as a dealer apprentice, servicing the diggers and backhoes. They look very swish !

@benbutler1102 4 ай бұрын

Everyone loves backhoes

@bertjankosters 4 ай бұрын

Quite impressive!

@stevedavies-pp7dp Ай бұрын

Had JCB only started today under kiers reign would it have been such a success ? Indeed would he have even been able to grow a business after the budget yesterday ? 🤷🏻‍♂️

@Krisgaming4 4 ай бұрын

Can you please do case next video.

@naiwangkonyak7522 Ай бұрын

Nice❤❤❤

@malakai651 2 ай бұрын

A British company at it's best, a pity we don't have more companies in Britain like JCB if we did the country wouldn't be in such a mess.

@maj0072 3 күн бұрын

No mention of the Williams Racing JCB partnership. Both British icons.

@steadfastandyx4947 4 ай бұрын

Rocester, no H, about three miles from Uttoxeter.

@BritishBeachcomber 4 ай бұрын

The greatest tractor/digger manufacturer in the world. Also an ethical and philanthropic company too.

@prow9999 3 ай бұрын

It was fined € 39.6 million in 2000 for trying to fix the EU market in earthmoving equipment - still believe that it's ethical ?

@Epidian 4 ай бұрын

What makes the ironside wool so much stronger. Does it come from genetically modified sheep and are they US or Australian sheep?

@geraldpeacock5725 4 ай бұрын

Wow the best in the world

@rollthetape88 3 ай бұрын

its not Rochester, its Ro-cester Staffordshire

@jcbdiggers1 4 ай бұрын

I am very proud of my initials, JCB. I have 3 different email's Jcbdiggers to Jcbdigger plus iv a personal number plate with JCB, and my nickname is digger 😃

@paulbellingham3948 4 ай бұрын

In the nineties engineering company I worked for supplied welded parts for jcb wales, no problem with payment, they told us Japanese competitors produced alternatives at a loss trying to put them out of business, couldn’t keep it up long enough. Love to know if it’s true

@SecretState 2 ай бұрын

Oh dear it's just like watching a rewrite of a news artical

@roryashman2891 2 ай бұрын

the strides they have made in hydrogen shows how ahead of the time they are

@ruscador1 4 ай бұрын

the best british company ever

@Paul630sqdrn 4 ай бұрын

Close yes but the best nah.

@UnipornFrumm 4 ай бұрын

Every town councyl in romania has a buldoexcavator,i m not shure if jcb or cat or both

@makrofocus Ай бұрын

00:20 kind of looking like young Churchill

@loopydaloo7425 4 ай бұрын

i love JCB products and would have loved to watch this video, but the background music was too loud and drowned out the voice over, so struggled to hear what was been said, so sadly couldn't watch this video.....

@garycrofts1421 3 ай бұрын

The World HQ is not in 'Rochester' or the narrators later pronunciation of 'Roster'....the correct way to say Rocester is 'Roaster'

@orrymaddocks6491 4 ай бұрын

Wrexham plant seems to employ and then let go staff in high numbers on a regular basis?

@stephenkelly2067 3 ай бұрын

Never mentioned the fact they bought and run wrightbus

@simonwilliams5427 4 ай бұрын

Brilliant!

@thomasfrancis5747 4 ай бұрын

Success through proper engineering and no interfering/asset stripping City shareholders, albeit some aggressive competitive policies. I worked for two of their competitors and came across a number of ex-JCB employees who were almost burnt out nervous wrecks, whilst JCB's subcontractors often went under due to price pressure - the construction equipment industry is very much feast or famine. JCB badge engineered Korean agricultural tractors smaller than the Fastrac range - never understood why they didn't come to the UK to broaden the range of offerings.

@adellcato9172 3 ай бұрын

And the chiny brand too

@shush103 4 ай бұрын

Why are some numbers in pounds and some in dollars 🤦‍♂️ use pounds because it’s a English company then just have a conversion to dollar

@Rickwardful 4 ай бұрын

A typical video where the research behind it was awful, with so many inaccuracies. So many mistakes that totally discredit the maker of it. Thank goodness the subject behind it is such a success.

@murphychris9811 4 ай бұрын

his dad gives them 250 grand each the guy who runs it now you can have a extra day off lol im only worth 7 7 billion now

@brutusoftroy2810 4 ай бұрын

Why would an Englishman be trading in dollars?

@philhawley1219 4 ай бұрын

Because JCB is an international company and the USD is the international currency. Simples innit like.

@brutusoftroy2810 4 ай бұрын

@@philhawley1219 Eerr, trading in an English market in the 50's with dollars might be a struggle...

@philhawley1219 4 ай бұрын

@@brutusoftroy2810 This video was made for an international audience. Obviously the use of dollars would make it easier for non-British people to comprehend. It appears you are too thick to work this out for yourself. Stop asking stupid questions.

@John-nc4bl 4 ай бұрын

The pound is dying a slow death. The US dollar rules.

@brutusoftroy2810 4 ай бұрын

@@John-nc4bl not exactly Mr Current affairs are you John.

@adellcato9172 3 ай бұрын

Have to hitchi too

@Extr3meForce 3 ай бұрын

Good suggestions, all on our list!

@tomharries847 3 ай бұрын

I have JCB branded socks lol

@Extr3meForce 3 ай бұрын

Sturdy?

@tonycleworth8116 3 ай бұрын

2 minutes 30 seconds - this is not a DeHavilland Dove!

@Sarge084 4 ай бұрын

Boris Johnson is a wholly owned subsidiary of JCB.

@RedRouge-j4j 4 ай бұрын

wot? An ex-tractor? Of piss?

@philhawley1219 4 ай бұрын

@@RedRouge-j4j He's about as much use as a Fastrac. I hate those bloody things.

@jackx4311 4 ай бұрын

Don't be silly! If Bozo was owned by JCB, he'd actually work, rather than being a destructive waste of space.

@jackx4311 4 ай бұрын

@@philhawley1219 - the farmers where I live don't agree with you. And, come to that, nor do motorists and lorry drivers. Given the choice of being stuck behind a tractor, or following a FastTrac at reasonable speed, they'd go for the FastTrac every time.