Caterpillar creates global alliance with JLG
Peoria, IL— In a move that
will better position the company to respond to customer needs
and provide greater value, Caterpillar Inc. announced that it
has signed definitive agreements to enter into a global alliance
with JLG Industries, Inc. to produce a full line-up of Caterpillar
branded telehandlers. The alliance is a strong strategic fit for
both companies and will give Caterpillar dealers and customers
greater access to a quality range of Cat branded telehandler products.
The deal is expected to close prior to the end of the year, subject
to consultation with employees and their representatives.
products are currently produced at BCP’s plant in Leicester,
England, along with four other machine product groups. Under the
alliance agreement, JLG will develop and manufacture for Caterpillar
a line-up of Cat branded telehandlers for global distribution.
Caterpillar will retain responsibility for the B-Series telehandlers
and earlier models, manufactured and sold by Caterpillar prior
to the transition of production to JLG, including warranty and
As telehandler production is
shifted from Caterpillar’s Leicester operations to the JLG
facilities, BCP’s European operations will undergo a strategic
restructuring to better position the manufacturing of its four
other product groups consisting of backhoe loaders, small wheel
loaders, compact wheel loaders and mini hydraulic excavators.
Caterpillar will continue production of these existing machines