Demand for "big iron" is booming, fueled by the rebounding global economy and the Biden administration’s infrastructure initiative. That’s good news for manufacturers of tractors and other types of agricultural and construction equipment.

Although it’s one of the world’s largest manufacturers of construction machinery, the Liebherr Group believes strongly in decentralization.

SAVANNAH, GA—Construction equipment manufacturer JCB will soon begin making backhoe loaders at its assembly plant here. The company will add 100 jobs to staff the new line.