JLG Jlg Industries

JLG Industries, Inc. (NYSE:JLG) announced today that it has commenced shipment of the Caterpillar-branded TL Series telehandlers for Cat dealers in North America and Latin America on October 25, 2006. This product series is based on existing JLG-branded designs combined with Caterpillar componentry and is manufactured at JLG�s McConnellsburg, PA facility. �We�re pleased to report that shipment of the Cat TL Series telehandlers began ahead of schedule,� stated Bill Lasky, Chairman of the Board, President and Chief Executive Officer. �Shipments to Caterpillar dealers in the European, African, Middle Eastern and Asia- Pacific markets commenced in late July, so in one short year since the Alliance began, we have delivered on our initial commitment to offer to Caterpillar dealers around the world a full range of Cat-branded telehandlers. Coupling our manufacturing and design expertise with the Caterpillar brand and distribution strength will help grow our position in this global market.� The four new TL Series models, the TL642, the TL943, the TL1055, and the TL1255, have a capacity range of 6,600 � 12,000 lbs. and maximum lift height from 42 � 55 ft. With their heavy-duty three-section booms, greater load capacities and ability to place loads at greater distances, these machines are built with productivity in mind. In addition to the TL family, two models of the Belgium produced TH family are also now available to the North American and Latin American Caterpillar dealers. About JLG Industries, Inc. 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� aerial work platforms; JLG, SkyTrak�, Lull� and Gradall� 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-K for the year ended July 31, 2006. NOTE: Information contained on our website is not incorporated by reference into this press release. For more information, visit www.jlg.com. JLG Industries, Inc. (NYSE:JLG) announced today that it has commenced shipment of the Caterpillar-branded TL Series telehandlers for Cat dealers in North America and Latin America on October 25, 2006. This product series is based on existing JLG-branded designs combined with Caterpillar componentry and is manufactured at JLG's McConnellsburg, PA facility. "We're pleased to report that shipment of the Cat TL Series telehandlers began ahead of schedule," stated Bill Lasky, Chairman of the Board, President and Chief Executive Officer. "Shipments to Caterpillar dealers in the European, African, Middle Eastern and Asia- Pacific markets commenced in late July, so in one short year since the Alliance began, we have delivered on our initial commitment to offer to Caterpillar dealers around the world a full range of Cat-branded telehandlers. Coupling our manufacturing and design expertise with the Caterpillar brand and distribution strength will help grow our position in this global market." The four new TL Series models, the TL642, the TL943, the TL1055, and the TL1255, have a capacity range of 6,600 - 12,000 lbs. and maximum lift height from 42 - 55 ft. With their heavy-duty three-section booms, greater load capacities and ability to place loads at greater distances, these machines are built with productivity in mind. In addition to the TL family, two models of the Belgium produced TH family are also now available to the North American and Latin American Caterpillar dealers. About JLG Industries, Inc. 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-K for the year ended July 31, 2006. NOTE: Information contained on our website is not incorporated by reference into this press release. For more information, visit www.jlg.com.