BNET Industries
Last Fiscal Year Sales:$2.2B
- Private
- US
Dow Jones Description
JLG give its customers a good lift. Founded in 1969 and headquartered in McConnellsburg,, PA, JLG Industries, Inc. designs, manufactures, and sells access equipment and hydraulic excavators. The company operates in three segments: Machinery, Equipment Services, and Access Financial Solutions. It makes aerial work platforms, telehandlers, telescoping hydraulic excavators, trailers, and ancillary components and accessories. It also provides service and support for its equipment, as well as financing and leasing services to its customers. Its facilities are in the US, Belgium, and France and it sells around the world. The company had 2005 revenue of about $1.7 billion and employs about 3,930 people. In February 2006, it sold its line of Grandall excavators to Alamo Group, Inc.
CIO & Vice President
Dale L. RobertsonNumber of Employees 4,088
Peer Companies
NAICS Code Construction Machinery Manufacturing: 333120
Recent Events
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Steven J. Smidler appointed Senior Vice President and Chief Operating Officer of Kaman Industrial Technologies
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Defence sales help loss-making JLG
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Hundreds being recalled at JLG in McConnellsburg to work on MRAPs
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JLG appoints vice president of field sales and service
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Bob Nelson to lead JLG's US sales and service team
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Marketing Changes At JLG
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JLG to recall 550-650 workers to Pennsylvania plants
News & Analysis
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jlg industries inc. and oshkosh truck corp. - All News and Analysis
Oshkosh Truck Reports Higher Second Quarter EPS of $0.68
- 2007-05-03
Repaid $221 Million of Debt Repositions European Refuse for Improved Results Increases JLG Outlook; and Reaffirms Fiscal 2007 EPS Estimate Range of $3.15 - $3.25 OSHKOSH, Wis. -- Oshkosh Truck Corporation (NYSE:OSK), a leading manufacturer of specialty vehicles and vehicle bodies, today reported that, for its second...
JLG Receives Award From Army.
- 2007-04-30
Staff JLG Industries, McConnellsburg, Pa., a subsidiary of Oshkosh Truck Corp., was presented an award from the Letterkenny Army Depot, Franklin County, Pa., in appreciation for sharing lean manufacturing practices over the past three years. ...
Oshkosh Truck Finalizes Deal With JLG
- 2006-12-18
Special truck manufacturer Oshkosh Truck Corp. said Dec. 6 it completed the acquisition of equipment firm JLG Industries for $3.2 billion.Oshkosh said in October it reached an agreement with JLG to pay $28 a snare for the company, 35% more than JLG's closing price on Oct. 13 (10-23, p. 16).JLG...
Oshkosh Truck Completes Acquisition of JLG Industries to Create Specialty Vehicle Company with $6 Billion in Revenue
- 2006-12-06
OSHKOSH, Wis. -- Oshkosh Truck Corporation (NYSE:OSK): * 15th Acquisition Under Current Management; Becomes Largest Business Segment, Opens Up Purchasing Synergies and Expands Oshkosh into Complementary Markets * Company Affirms Fiscal 2007 Estimates; Revises First Quarter Estimates * Charlie Szews to Lead Integration and JLG Business on...
JLG Industries Posts Record First-Quarter Revenues and Earnings, Net Income up 43%
- 2006-11-20
MCCONNELLSBURG, Pa. -- JLG Industries, Inc. (NYSE:JLG) today announced that its 2007 fiscal first-quarter consolidated revenues were $539 million compared to $478 million during the same period last year. Net income for the quarter totaled $40 million, or 37 cents per share, versus $28 million, or 27 cents per share,...
Oshkosh gets big lift from JLG acquisition: Oshkosh Truck's 15th deal in a decade the biggest at $3.2 billion; JLG's access equipment to be fourth and largest business segment
- 2006-11-01
Over the last 10 years, Oshkosh Truck Corp. has made 14 acquisitions that have helped the company grow significantly. In one 10-week period that ended in mid-October, it made just one that nearly doubled the company. Announced on Oct. 16, its $3.2 billion purchase of aerial work platform and...
Oshkosh buys JLG
- 2006-11-01
As detailed elsewhere in this issue, Oshkosh Truck Corp. will buy JLG Industries Inc., a manufacturer of aerial work platforms, for about $3 billion. Oshkosh, which makes specialty commercial, fire and emergency and military vehicles, will pay $28 per share for JLG and the deal has been approved by the...
Oshkosh to Buy Construction-Equipment Firm JLG Industries
- 2006-10-23
Specialty truck maker Oshkosh Truck Corp. said it agreed to buy construction-equipment company JLG Industries Inc. for about $3 billion.JLG investors will receive $28 a share in cash, Oshkosh said in an Oct. 16 statement. That is 35% more than JLG's closing price on Oct. 13. Including the transaction costs...
Oshkosh Truck buys JLG for $3B
- 2006-10-17
MILWAUKEE -- Military and commercial vehicle maker Oshkosh Truck Corp. is aiming to take advantage of the spike in commercial real estate construction with a $3 billion cash purchase of JLG Industries Inc., a maker of equipment that lifts people and materials into the air. The deal is...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Dale L. Robertson | CIO & Vice President |
| James H. Woodward | CFO & Executive Vice President |
| John W. Cook | Chief Accounting Officer |
| Craig E. Paylor | Senior Vice President |
| Israel Celli | Senior Vice President |
| Peter L. Bonafede | Senior Vice President |
| Philip H. Rehbein | Senior Vice President |
| Thomas D. Singer | General Counsel, Senior Vice President & Secretary |
| Wayne P. Macdonald | Senior Vice President |
| David A. Peacock | Vice President, Govt Products |
| John F. Louderback | Vice President, Customer Support Services |
| Juna I. Rowland | Vice President, Corp & Investor Relations |
| Lisa Corona | Vice President, HR |
| Robert E. Cribbs | Vice President & Treasurer |
| Timothy M. Morris | Vice President, Market Development & Sales |
| Michelle L. Hards | Director, Corp Communications & Investor Relations |
| Steffan A. Gordon | Director, Sales Support |
| Maye Houck | Manager, Marketing Communications |
| Mark Eckert | Specialist, Marketing Communications |
| Phillip H Rehbein | |
| Raymond C Stark |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| David L. Pugh | Board Director |
| James A. Mezera | Board of Directors |
| Roy V. Armes | Board of Directors |
| Thomas P. Capo | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| JLG Industries, Inc. | CIO & Vice President | Current |
James H. Woodward, Jr., has been a director since March 2007. Mr. Woodward has been Executive Vice President and Chief Financial Officer of Joy Global Inc. since January 2007. Prior to joining Joy Global Inc., Mr. Woodward was Executive Vice President and Chief Financial Officer of JLG Industries, Inc. from August 2000 until its sale in December 2006. Prior to JLG Industries, Inc., Mr. Woodward held various financial positions at Dana Corporation since 1982. Mr. Woodward is a Certified Public Accountant and holds a B.A. degree in Accounting from Michigan State University.
| Organization | Position | Status |
|---|---|---|
| Joy Global, Inc. | Chief Financial Officer | Current |
| JLG Industries, Inc. | CFO & Executive Vice President | Current |
| JLG Industries, Inc. | Executive Vice President | Current |
| Altra Industrial Motion, Inc | Chairman | Current |
| Nuttall Gear, LLC | Board of Directors | Current |
| Altra Industrial Motion, Inc | Board of Directors | Current |
| Boston Gear | Board of Directors | Current |
| Warner Electric Co. | Board of Directors | Current |
| Joy Global, Inc. | Executive Vice President | Former |
| Deloitte Touche Tohmatsu | Senior Auditor | Former |
| Joy Global, Inc. | Treasurer | Former |
| Michigan State University | Bachelors degree in accounting | Former |
| Organization | Position | Status |
|---|---|---|
| JLG Industries, Inc. | Chief Accounting Officer | Current |
| Organization | Position | Status |
|---|---|---|
| JLG Industries, Inc. | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| JLG Industries, Inc. | Senior Vice President | Current |
| International Business Machines Corporation | Marketing Manager | Former |
| International Business Machines Corporation | Business Manager and later Operations | Former |
| Organization | Position | Status |
|---|---|---|
| JLG Industries, Inc. | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| JLG Industries, Inc. | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| JLG Industries, Inc. | General Counsel, Senior Vice President & Secretary | Current |
| Premco Products Inc. | Senior Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| JLG Industries, Inc. | Senior Vice President | Current |
| University of Pittsburgh | bachelor's degree in Mechanical Engineering Technology | Former |
| Organization | Position | Status |
|---|---|---|
| JLG Industries, Inc. | Vice President, Govt Products | Current |
| Organization | Position | Status |
|---|---|---|
| JLG Industries, Inc. | Vice President, Customer Support Services | Current |
| Duquesne University | MBA | Former |
| Organization | Position | Status |
|---|---|---|
| JLG Industries, Inc. | Vice President, Corp & Investor Relations | Current |
| Organization | Position | Status |
|---|---|---|
| JLG Industries, Inc. | Vice President, HR | Current |
| ArvinMeritor, Inc. | Vice President, Human Resources | Former |
| Michigan State University | Masters Degree in Labor and Industrial Relations | Former |
| Organization | Position | Status |
|---|---|---|
| JLG Industries, Inc. | Vice President & Treasurer | Current |
| The Ohio State University | Bachelor of Arts degree in production management and an MBA in finance | Former |
| Organization | Position | Status |
|---|---|---|
| JLG Industries, Inc. | Vice President, Market Development & Sales | Current |
| Organization | Position | Status |
|---|---|---|
| JLG Industries, Inc. | Director, Corp Communications & Investor Relations | Current |
| Organization | Position | Status |
|---|---|---|
| JLG Industries, Inc. | Director, Sales Support | Current |
| JLG Industries, Inc. | Director, Sales Support | Former |
| Organization | Position | Status |
|---|---|---|
| JLG Industries, Inc. | Manager, Marketing Communications | Current |
| Organization | Position | Status |
|---|---|---|
| JLG Industries, Inc. | Specialist, Marketing Communications | Current |
| Organization | Position | Status |
|---|---|---|
| JLG Industries, Inc. | Current | |
| Elmira College | Bachelor of Science degree in accounting | Former |
| Organization | Position | Status |
|---|---|---|
| JLG Industries, Inc. | Current | |
| Honeywell International Inc. | Vice President of Six Sigma and Productivity | Former |
| AlliedSignal, Inc. | Corporate Vice President of Materials Management | Former |
| Organization | Position | Status |
|---|---|---|
| Applied Industrial Technologies Inc. | Chairman & CEO | Current |
| Hexcel Corporation | Chairperson | Current |
| OM Group, Inc. | Board of Directors | Current |
| Hexcel Corporation | Board of Directors | Current |
| JLG Industries, Inc. | Board Director | Current |
| R.W. Beckett Corporation | Board of Directors | Current |
| Rockwell Automation, Inc. | President | Former |
| Applied Industrial Technologies Inc. | President | Former |
| Applied Industrial Technologies Inc. | Chief Operating Officer | Former |
| Rockwell Automation, Inc. | Senior Vice President | Former |
| Rockwell International Corporation | Senior Vice President | Former |
| Westinghouse | Vice President | Former |
| Square D Co. | Sales, Marketing and Operations Positions | Former |
| Duke University | Bachelor of Science In Electrical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| JLG Industries, Inc. | Board of Directors | Current |
Mr. Armes, age 56, has served as President and Chief Executive Officer of the Company since January, 2007, and as Chairman of the Board since December, 2007. He had previously been employed at Whirlpool Corporation, a manufacturer and marketer of major home appliances, for 31 years, where he gained experience in engineering, manufacturing, global procurement and international operations management. Mr. Armes also developed a successful track record at Whirlpool Corporation of developing customer relationships and consumer oriented products. During his career at Whirlpool Corporation, Mr. Armes served in positions including: Senior Vice President, Project Management Office; Corporate Vice President and General Director, Whirlpool Mexico; Corporate Vice President, Global Procurement Operations; President/Managing Director, Whirlpool Greater China; Vice President, Manufacturing Technology, Whirlpool Asia (Singapore); and Vice President, Manufacturing & Technology, Refrigeration Products, Whirlpool Europe (Italy). Mr. Armes has a B.S. in Mechanical Engineering from The University of Toledo.
| Organization | Position | Status |
|---|---|---|
| Cooper Tire & Rubber Company | Chairman of The Board, Chief Executive Officer and President | Current |
| JLG Industries, Inc. | Board of Directors | Current |
| Whirlpool Corporation | Vice President | Former |
| Cooper Tire & Rubber Company | Board of Directors | Former |
| University of Toledo | B.S. In Mechanical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Dollar Thrifty Automotive Group, Inc. | Chairman | Current |
| JLG Industries, Inc. | Board of Directors | Current |
| Sonic Automotive, Inc. | Director | Current |
| Sonic Automotive, Inc. | Chairman | Former |
| Dollar Thrifty Automotive Group, Inc. | Board of Directors | Former |
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