JLG Begins Shipment of Cat-Branded Telehandlers
JLG Industries, Inc. said that it has commenced shipment of the Cat-branded TH family of telehandlers for Caterpillar dealers in the European, African, Middle Eastern and Asia-Pacific markets. Following a 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
"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, JLG’s chairman, president and CEO. "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,