Joseph Bamford is the founder of which company?
Joseph Cyril Bamford (21 June 1916 – 1 March 2001) was a British businessman, who was the founder of the JCB company, manufacturing heavy plant. JCB are the initials of the founder.
In October 1945 Bamford rented a 10 ft (3 m) by 15 ft lock-up garage for 30 shillings (= £1.50) a week, and made a farm trailer from scrap steel and war surplus Jeep axles, using a prototype electric welder bought for £2-10s (= £2.50). He opened for business on the day his first son, Anthony, was born, and sold the trailer for £45 and a cart, which he also repaired and sold for another £45.
Having no interest in taking over rival businesses, his philosophy of: "Focus on what you do best, be innovative, and re-invest in product development and the latest manufacturing technologies;" resulted in a series of market-leading innovations:
1948 – introduced the first hydraulic tipping trailer in Europe
1950 – moved to an old cheese factory in Rocester where the workforce totalled six
1951 – began painting his machinery yellow
1953 – brought out his breakthrough product, the backhoe loader
1957 – brought out the "hydra-digga", incorporating the excavator and the major loader as a single all-purpose tool which was useful for both the agricultural as well as construction industry, which JCB grew with
1991 – brought out the JCB Fastrac high speed agricultural tractor.