 The die-cast replica models of JLG equipment. |
JLG Industries Inc and Caterpillar Inc have concluded an agreement for JLG to produce Caterpillar-branded telehandlers for distribution exclusively through Caterpillar dealers.
JLG disclosed the global alliance with Caterpillar on October 27 (
Forkliftaction.com News #233) and said on November 29 the transaction was completed. "We are pleased this transaction has been closed in such a short time," JLG chairman Bill Lasky said in a news release. "This alliance will improve sales and our global market position."
JLG acquired certain telehandler-related equipment, tooling and intellectual property and gains access to 200 Caterpillar dealers with more than 3,100 locations.
"We have formed a dedicated alliance team and comprehensive plan to fully integrate Cat-branded telehandlers into JLG's (Maasmechelen) Belgium and (McConnellsburg) Pennsylvania operations," Lasky said.
Meanwhile, JLG has introduced eight die-cast replica models of five telehandlers, an articulated boom lift, a rough terrain scissor lift and an excavator. Each model, in 1/32nd scale, is painted in a brand's colours.
Fully operable model components include movable booms, adjustable steering and control stations.
JLG authorised dealers and company websites can accept orders for the die-cast models.