JLG Commences Shipment of Caterpillar-Branded Telehandlers
2006年8月9日 - 9:30PM
ビジネスワイヤ(英語)
JLG Industries, Inc. (NYSE:JLG) announced today that it commenced
shipment of the Cat-branded TH family of telehandlers for
Caterpillar dealers in the European, African, Middle Eastern and
Asia-Pacific markets on July 26, 2006. Following a successful
production launch of five models in late June, the first units have
been delivered to Caterpillar dealers. Production of these models
was successfully transferred from a Caterpillar facility in the
United Kingdom to JLG's Belgium manufacturing plant. "We're pleased
to report that we have hit another milestone on schedule in our
Caterpillar alliance implementation, with the first shipments of
the Cat-branded TH family of telehandlers," stated Bill Lasky,
Chairman of the Board, President and Chief Executive Officer.
"Production preparations for shipments to North and Latin American
Caterpillar dealers are also on track to begin in November of this
year." Under the terms of the 20-year strategic alliance agreement
announced in October of 2005, JLG will provide to Caterpillar
dealers an exclusive, full range of Cat-branded telehandlers. The
five TH family models produced at the Maasmechelen, Belgium
facility have capacity ranges from 3,500 to 5,000 kg and maximum
lift heights from 6 to 17 meters. Four brand-new North American TL
family models will be produced at the McConnellsburg, PA facility
with capacity ranges from 6,600 to 12,000 pounds and maximum lift
heights from 42 to 55 feet. In addition to the TL family, two
models of the Belgium produced TH family will be available to the
North and Latin American Caterpillar dealers. About JLG Industries
JLG Industries, Inc. is the world's leading producer of access
equipment (aerial work platforms and telehandlers). The Company's
diverse product portfolio encompasses leading brands such as JLG(R)
aerial work platforms; JLG, SkyTrak(R), Lull(R) and Gradall(R)
telehandlers; and an array of complementary accessories that
increase the versatility and efficiency of these products for end
users. JLG markets its products and services through a
multi-channel approach that includes a highly trained sales force
and utilizes a broad range of marketing techniques, integrated
supply programs and a network of distributors in the industrial,
commercial, institutional and construction markets. In addition,
JLG offers world-class after-sales service and support for its
customers. JLG's manufacturing facilities are located in the United
States, Belgium, and France, with sales and service operations on
six continents. Forward-Looking Statements This news release
contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements are not guarantees of future performance and involve a
number of risks and uncertainties that could cause actual results
to differ materially from those indicated by the forward-looking
statements. Important factors that could cause actual results to
differ materially from those suggested by the forward-looking
statements include, but are not limited to, the following: (i)
general economic and market conditions, including political and
economic uncertainty in areas of the world where we do business;
(ii) varying and seasonal levels of demand for our products and
services; (iii) risks associated with acquisitions; (iv) credit
risks from our financing of customer purchases; (v) risks arising
from dependence on third-party suppliers; and (vi) costs of raw
materials and energy, as well as other risks as detailed in the
Company's SEC reports, including the report on Form 10-Q for the
quarter ended April 30, 2006. NOTE: Information contained on our
website is not incorporated by reference into this press release.
For more information, visit www.jlg.com.
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