COVID-19 set to leave hole in JCB’s U.K., U.S. supply chains — Panjiva
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COVID-19 set to leave hole in JCB’s U.K., U.S. supply chains

China 2393 Coronavirus 256 India 385 Industrials - Capital Goods 395 U.S. 4229 United Kingdom 255

Construction equipment maker JCB is cutting production in the U.K. because over a quarter of its Chinese suppliers remain closed due to COVID-19 related restrictions. COO Mark Turner has indicated operations “will be disrupted in the coming weeks”. While China only represented 3.8% of total British imports of intermediate industrial components, at £2.72 billion ($3.54 billion) there will still be a significant number of firms facing similar challenges to JCB. There may also be a knock-on to JCB’s sales in the U.S. Seaborne imports linked to the firm rose by just 2.0% year over year in th...

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