MCCONNELLSBURG, Pa.-- Sept. 15, 2006--JLG Industries, Inc. (NYSE:JLG) announced today that it has placed 22nd on FORTUNE magazine's 2006 list of the 100 Fastest-Growing Companies. To compute the rankings, FORTUNE uses data from Zacks Investment Research and gives equal weight to three factors: profit and sales growth (for three years through the first quarter of 2006) and three-year total return (through June). The company's total shareholder return ranked 17th with revenue and earnings-per-share growth rates ranking 46th and 52nd, respectively.
"JLG is proud to be named to this select group of high-performing companies," said Bill Lasky, Chairman and Chief Executive Officer. "It is gratifying to see our financial performance recognized in this way. It reinforces our ability to transform strategy and performance into shareholder value."
Companies qualifying for this year's listing were required over the three years ended on or before March 31, 2006 to be incorporated in the U.S.; to have a minimum market capitalization of $250 million and a stock price of at least $5; to have traded continuously since June 30, 2003; to have revenue and net income for the four quarters ended on or before March 31, 2006, of at least $50 million and $10 million, respectively; and to have a compound annual growth in revenue and earnings per share of at least 25% annually. The complete list of the 100 Fastest-Growing Companies for 2006 appears in the September 18 edition of FORTUNE available on newsstands September 11 and at FORTUNE.com
JLG Industries, Inc. is the world's leading producer of access equipment (aerial work platforms and telehandlers). The Company's diverse product portfolio encompasses leading brands such as JLG® aerial work platforms; JLG, SkyTrak®, Lull® and Gradall® telehandlers; and an array of complementary accessories that increase the versatility and efficiency of these products for end users. JLG markets its products and services through a multi-channel approach that includes a highly trained sales force and utilizes a broad range of marketing techniques, integrated supply programs and a network of distributors in the industrial, commercial, institutional, and construction markets. In addition, JLG offers world-class after-sales service and support for its customers. JLG's manufacturing facilities are located in the United States, Belgium, and France, with sales and service operations on six continents. For more information, visit www.jlg.com
Michelle Hards,JLG Industries, Inc.,240-313-1816,