Terex crane sales increased by 43 percent and Genie aerial sales by 60 percent, but margins have been squeezed by material cost increases.
31.05.2005
Malcolm Early, currently European marketing communications manager at Manitowoc, is set to join JLG as its European marketing director
26.05.2005
JLG has released its fiscal third quarter results, they show revenues for the nine months up by 52 percent on last years record revenues to $1.17 billion.
25.05.2005
JLG has announced that Charles O. Wood, III has retired from the Company's Board of Directors, effective May 20, 2005.
23.05.2005
Terex Corp, the owner of Terex-Demag and Genie, has released a statement regarding its first quarter results. Revenues are expected to be up by around 35 percent to $1.4 billion. The company expects to finally release its numbers towards the end of the month.
15.05.2005
Caterpillar Inc has posted record first-quarter sales, up 29 percent to $8.34 billion, with profits up 38 percent compared to the same period in 2004.
25.04.2005
SmartEquip, the American based e-commerce company has appointed Michel Petitjean as MD of its new European operation
Venture capital company, Odyssey, has acquired Neff corp, Americas ninth largest rental company.
11.04.2005
The new general manager for JLG UK is Simon Cracknell, he takes up his new post this week.
05.04.2005
Italian producer Palazzani is launching a telescopic handler created from a front end loader, with dual telescopic arms, at Samoter in May.
29.03.2005
Haulotte has confirmed the 30 percent increase in revenues reported in January with a 300 percent improvement in operating income, which toped 10 percent while net profit after tax and exceptionals posted a 540 percent increase.
21.03.2005
JLG Industries, Inc. has announced the price for its upcoming rights issue and increased the volume to five million shares.
13.03.2005
JLG Industries Inc. has announced its intention, “subject to market and other conditions”, to sell 4,700,000 shares of common stock in an underwritten public offering
07.03.2005
The Platform company has purchased over 60 Manitou boom lifts through Russon Access, with a value in excess of £two million.
04.03.2005
JLG revenues for its first half climbed to a record $660 million an increase of 47 percent on the same period in 2004. Second quarter profits largely compensated for the first quarter loss leaving the company with a small year to date loss.
25.02.2005
This years Rental show had plnety of news in spite of its proximity to Conexpo also in Las Vegas in mid March. The Vertikal press was there to bring you the highlights
21.02.2005
The American Rental Associations annual conference and Rental Show will close in Las Vegas today on a positive note, the number of exhibitors, and visitors, was much higher than expected and traffic in the show for the first two days was strong.
17.02.2005
JLG Industries has announced the appointment of Thomas Capo and Kim Foster to its Board of Directors, expanding JLG’s Board to ten members.
27.01.2005
Cramo has appointed Erik van Leeuwenstijn as president of Cramo Netherlands and announced new presidents for Cramo Finland and Cramo Latvia.
18.01.2005
Terex, owner of Demag cranes and Genie platforms, has filed fomr 8-K with the Securities and Exchange Commission in the USA disclosing that the accounts for years 2001, 2002 and 2003 contain errors and will need to be restated.
14.01.2005
The U.S. Bankruptcy Court has confirmed Maxim Crane Works’ plan of reorganisation, clearing the way for the worlds largest crane hire company to emerge from Chapter 11 protection.
10.01.2005
Manitou North America has announced plans to reinforce its sales and marketing team in the USA as part of its plan to increase its market share.
Loxam, the French based owner of Loxam Access in the UK and Ireland has purchased Frances fifth largest rental company Loueurs de France BTP.
23.12.2004
Ramirent, the Finnish based rental company has sold its 50 percent stake in Stavdal Lift AB of Sweden, to its partner in Stavdal Lift, Hammarvikens Industri AB