Sale of 'Gradall'; Unit Brings JLG Industries $39 Million and More Upward Mobility
Bill Lasky’s career has just swung full circle. When he was 19 years old and working as a quality control engineer on New York state highway projects, he often found himself behind the controls of a Gradall excavator. Lasky, who is now chairman, president and CEO of JLG Industries Inc., just sold the firm’s Gradall line for $39.4 million in cash.
The deal, announced Feb. 3, hit home for Lasky in more ways than one. “The Gradall excavator is the first piece of construction equipment that I ever operated in my life,” he says.