JLG REPORTS GOOD Q3 GROWTH

News Story
- 30 May 2002 ( #59 ) - McCONNELLSBURG, United States
2 min read
JLG Industries Inc has shown quarter-to-quarter improvement in telehandler sales and is confident of the potential for its new products, according to the company's latest financial report.

Telehandler sales for JLG's third quarter, which ended on April 30, were USD21 million, an 11 percent improvement on the second quarter. But the result was 13 percent lower than telehandler sales for last year's third quarter.

In March, JLG debuted 23 new products and accessories, including a 135-foot (50 metres) boom lift, the Transformer machine, all-wheel-steer telehandler product lines and "Workstation in the Sky accessory packages" at the ConExpo-Con/Agg 2002 trade show in Las Vegas, said Bill Lasky, JLG chairman.

"Our customers at the show received these products enthusiastically, and we are particularly encouraged by the acceptance of our new European telehandler product family," Mr Lasky said.

The TF6-42 Transformer is "the world's first and only two-in-one machine that functions as both a telehandler and a true aerial work platform," the financial report said. The model has a capacity of 6600 pounds (two tonnes), can accept a range of attachments, and can be converted quickly into an aerial work platform.

The G9-43A telehandler, second in JLG's King Crab series, has a capacity of 9,000 pounds (four tonnes), a maximum lift height of 43 feet (14.5 metres) and a reach of 30 feet (10 metres). The operator can choose between all-wheel, front-wheel or crab (sideways) steering.

The model has a backbone frame, offset from the operator cab, which brings the mid-mounted engine close to the machine's centre and provides better left-right weight distribution. JLG says the frame is "unlike any other in the industry". The G Series operator cab has 22 percent more room than earlier models, improved visibility and a wrap-around instrument panel.

The JLG group reported a USD836,000 profit on third quarter sales of almost USD208.7 million.

JLG manufactures mobile aerial work platforms, variable-reach materials handlers and telescopic hydraulic excavators. The firm has manufacturing facilities in the USA and Belgium, and markets products globally under the JLG and Gradall trademarks.
KION maintains qualified 2025 outlook
KION maintains qualified 2025 outlook 7 Aug 2025 - Frankfurt am Main, Germany - 1 min read
Manitou Group reports 6.5% H1 revenue drop
Manitou Group reports 6.5% H1 revenue drop 7 Aug 2025 - Ancenis, France - 1 min read
KION reports dip in Q1 revenue
KION reports dip in Q1 revenue 8 May 2025 - Frankfurt am Main, Germany - 1 min read
Previously about:
American Yale dealership switches to Linde News Story - 9 May 2024 - Charlotte, NC, United States - 1 min read
Terex, Oshkosh report increase in sales in 2Q News Story - 3 Aug 2023 - Norwalk, CT, United States - 2 min read
JLG unveils new SkyTrak models News Story - 29 Jun 2023 - McConnellsburg, PA, United States - 1 min read
Do you have materials handling news? Submit your news here

Showcased in the Virtual Expo

Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities.
Heavy duty reach stackers – lifting capacity from 85 to 180 tons.
VIEW ALL OUR CUSTOM-BUILT HEAVY DUTY REACH STACKERS

Contact us now: +45 99 83 83 83 - www.nc-nielsen.com

Words of support …

At Linde Material Handling, we appreciate Forkliftaction for its competent and informative reporting and its global perspective. Forkliftaction is one of the few industry media with a transnational readership.

Heike Oder, Head of Trade Press

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities.
Heavy duty reach stackers – lifting capacity from 85 to 180 tons.
VIEW ALL OUR CUSTOM-BUILT HEAVY DUTY REACH STACKERS

Contact us now: +45 99 83 83 83 - www.nc-nielsen.com

Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities.
Heavy duty reach stackers – lifting capacity from 85 to 180 tons.
VIEW ALL OUR CUSTOM-BUILT HEAVY DUTY REACH STACKERS

Contact us now: +45 99 83 83 83 - www.nc-nielsen.com

Inside The News
In this week’s Forkliftaction News , we look at more financial reports with one major producer recording a “significant” decline in Q2 bookings to report an operating loss of USD8.5 million, while another had a strong quarter “despite increased trade tensions and a challenging geopolitical landscape”... Continue reading

PREMIUM business

Flexi® By Narrow Aisle Limited
Leading manufacturers of very narrow aisle (VNA) equipment.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET