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JCB legend bows out as company strikes a deal

By UttoxeterPostandTimes.3522974.UttoxeterPostandTimes  |  Posted: January 09, 2014

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UTTOXETER’S biggest employer has welcomed the New Year with a multi-million order and the appointment of a new top executive.

Boels Rental is set to buy more than 300 machines from JCB, taking its fleet past the 1,000-machine mark, in a deal worth £11 million.

The Netherlands-based firm has bought a range of micro and mini excavators, telescopic handlers and rough terrain forklift trucks.

The deal was struck just days after the retirement of legendary JCB North America president and CEO John Patterson – and the announcement that his role will be filled by Arjun Mirdha.

Mr Patterson joined JCB in 1971 as a service engineer and had a stint working in the US and Canada.

He rose through the ranks to become managing director of JCB service in 1988, managing director of JCB sales in 1993 and, later, the company’s third group CEO.

During his 10 years in the role, sales broke the £1 billion-mark for the first time and hit £2 billion by the time he stood down in 2008.

The remainder of his JCB career saw him work as chairman and CEO of JCB Inc in North America.

Mr Patterson said: “I am proof that there are no boundaries to career development at JCB and I have had an incredible time over the past 43 years.

“I am proud to have been part of a team which has seen JCB become the world’s third largest construction equipment manufacturer and achieve market leadership for many of its products.

“JCB has made excellent progress in North America in recent years but there are many more opportunities to be seized.

“I wish Arjun Mirdha well as he leads the team as President and CEO of JCB in North America.”

JCB chairman Lord Bamford said: “During John’s time as CEO, JCB achieved unprecedented sales growth and led the company’s transformation into a truly global company.

“I thank John for his contribution over the past 43 years and am delighted he will remain a director of the JCB Group and chairman of the board of the JCB USA companies.”

Speaking about the £11 million order, JCB CEO Graeme MacDonald said: “We are delighted to have secured such a significant order from one of Europe’s most important rental companies. This is the third year in succession that JCB has won this major business from Boels which speaks volumes for the superior quality, performance and efficiency of JCB’s machines.”

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