Changes at JLG

24 April 2008

What is Oshkosh saying about its intentions for JLG? The company told AI it provided all its subsidiaries with “appropriate resources and management talent” and that it would “enhance the product offerings, technology and service available to JLG customers.”

It said it was premature to speculate on what would happen to JLG’s existing senior management, but said corporate redundancies would be very limited and that “we think that JLG has an exceptional team in place.”

Oshkosh told AI the combination of the two businesses would “smooth the cycles and reduce the impact of an economic downturn”. It said ensuring good delivery times for JLG customers “would continue to be a major priority” after the deal is closed. Closure of JLG production plants is not thought to be likely.

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