News story

JLG completes Caterpillar deal

Thursday, 1 December 2005 ( #237 ) - McCONNELLSBURG, PA, United States
The die-cast replica models of JLG equipment.
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.
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