JLG Industries Inc. has completed the purchase of the OmniQuip business unit of Textron.
JLG Industries Inc., McConnellsburg, Pa., announced that it has completed the purchase of the OmniQuip business unit of Textron. JLG purchased the assets of Trak International Inc., which include all operations relating to Sky Trak® and Lull® brand telehandler products, for a purchase price of $100 million. Sales for the purchased operations totaled approximately $217 million in calendar year 2002.
JLG Completes Purchase of OmniQuip
September 3, 2003