The centerpiece of the exhibition is a giant skeletal model of a JCB JS 200 tracked excavator, created by renowned artist Benedict Radcliffe.
Some of Radcliffe's work is on display in the Victoria and Albert Museum in London.
The finished artwork took five months to complete, used around one kilometer of steel rod and weighs around two tonnes -- a tenth of the weight of the actual machine it represents.
The 5 million pound exhibition called 'The Story of JCB' charts the company's links to industry in the 1820s.
Bamford is slated to assume his seat in the House of Lords on November 7.
"This is an extremely exciting development. It is the first time that the history of our company and my family's roots in manufacturing has been told in the form of a permanent exhibition."
The exhibition is also populated by 10 of the landmark JCB machines through the ages which had to be craned through the roof. This includes one of the company's first products, a hydraulic tipping trailer, and a 1962 JCB 3 backhoe loader which has been restored.
It also showcases how JCB name was built into a global brand, innovation ethos, its growth as an agricultural machinery manufacturer, military products and the development of the JCB engine and the record-breaking Dieselmax car.
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