Posted on 04.22.25

Developers delay billions in projects amid mounting uncertainty

Source: https://www.constructiondive.com/, April 21, 2025
By: Sebastian Obando

A foreign construction equipment maker is betting big on President Donald Trump’s trade policies even as developers cancel billions in clean energy and tech manufacturing projects.

JCB, the U.K.-based construction equipment company, plans to double the size of its San Antonio, Texas, factory to 1 million square feet, said Anthony Bamford, JCB chairman, in a news release. The company cited the Trump administration’s tariffs as a key reason to localize more production. Read more.

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