Exhibit 99.1


                                                                   PRESS RELEASE
                                                           FOR IMMEDIATE RELEASE


JLG INDUSTRIES, INC.                                       CONTACT: JUNA ROWLAND
1 JLG Drive                            DIRECTOR - CORPORATE & INVESTOR RELATIONS
McConnellsburg, PA 17233-9533                         (240) 313-1816, IR@JLG.COM
Telephone (717) 485-5161
Fax (717) 485-6417
www.jlg.com


                JLG'S FINANCING SUBSIDIARY SELLS $54.8 MILLION OF
                        RECEIVABLES TO GE DEALER FINANCE
             ACCESS FINANCIAL SOLUTIONS SELLS MAJORITY OF PORTFOLIO

      MCCONNELLSBURG, PA, APRIL 25, 2003 - JLG Industries, Inc. (NYSE: JLG)
announced today the sale of $54.8 million of finance receivables to GE Dealer
Finance. The sale includes a substantial part of the assets in the finance
receivables portfolio from the Company's wholly owned subsidiary, Access
Financial Solutions, Inc. ("AFS"). Consistent with previous monetizations, and
in compliance with U.S. GAAP regarding the sale of financial products, this
transaction will be reported on JLG's balance sheet as pledged finance
receivables with related limited recourse debt, and includes an $8.2 million
maximum net loss exposure. Gross profit realized on this transaction is $2.8
million, which will be recognized over the life of the underlying portfolio
sold. With the completion of this transaction, total monetizations in JLG's
fiscal third quarter, including paydowns, will total just under $70 million.

      "Creating AFS has provided JLG with a strategic tool to offer customers a
wide array of financing solutions to own our equipment," stated Kevin Ramsburg,
AFS Managing Director - North America. "Of key importance is our focus on
generating high quality transactions that can be monetized to traditional
third-party funders on a regular basis. Since inception, AFS has successfully
monetized $202.9 million in 23 transactions with 14 third-party funders with a
maximum net loss exposure of $18.9 million.

      "Consistent with our overall funding strategy, we are currently in
discussions to create a more formal partnership with some of our key funding
sources. We will continue to focus on strengthening our relationships with these
providers to enhance our ability to consistently satisfy our customers' needs
for equipment finance."

      AFS was formed in August 2001 to offer JLG customers equipment finance
solutions tailored to meet their individual economic, capital structure and
operational requirements. The seasoned professionals at AFS work with the JLG
sales force to provide customers with a wide variety of options to obtain JLG
equipment, including capital leases, operating leases, and shorter-term
rent-to-purchase agreements.


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       JLG Industries, Inc. is the world's leading producer of mobile aerial
work platforms and a leading producer of telehandlers and telescopic hydraulic
excavators marketed under the JLG(R) and Gradall(R) trademarks. Sales are made
principally to rental companies and distributors that rent and sell the
Company's products to a diverse customer base, which include users in the
industrial, commercial, institutional and construction markets. JLG's
manufacturing facilities are located in the United States and Belgium, with
sales and service locations on six continents.

      GE Dealer Finance is a leading provider of specialized financing and
servicing programs that facilitate the distribution and sale of capital
equipment from the OEM through the dealer/distributor to the end-user. With a
full array of products - including inventory, fleet rental, wholesale and retail
financing options and private or co-branded vendor programs, GE Dealer Finance
services manufacturers and distributors of commercial, industrial, production,
manufacturing, material handling and construction related equipment. GE Dealer
Finance is a division of GE Commercial Equipment Financing (CEF), a unit of GE
Commercial Finance. GE is a diversified services, technology and manufacturing
company with operations worldwide

      This news release contains forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. Forward-looking
statements are not guarantees of future performance, and involve a number of
risks and uncertainties that could cause actual results to differ materially
from those indicated by the forward-looking statements. Important factors that
could cause actual results to differ materially from those suggested by the
forward-looking statements include, but are not limited to, the following: (i)
general economic and market conditions, including political and economic
uncertainty in areas of the world where we do business; (ii) varying and
seasonal levels of demand for our products and services; and (iii) customer
financing risks; as well as other risks as detailed in the Company's SEC
reports, including the report on Form 10-Q for the quarter ended January 31,
2003.

                    For more information, visit www.jlg.com.

        Note: Information contained on our website is not incorporated by
                          reference into this release.

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