CONTENTS

EXECUTIVE SUMMARY

SUMMARY OF OPERATIONS

• Sales Analysis
• Sales Analysis by Business Segment
• Results Thus Far in 2000
• Corporate Leadership
• Manufacturing Facilities
• Distribution

CORPORATE STRATEGY

PRODUCT ANALYSIS

• North American Machinery Sales and Production
• Skid-Steer Loaders
• Air Compressors
• Rough-Terrain Lift Trucks
• Compactors
• Mini-Excavators
• Asphalt Pavers
• Other Products