CONTENTS

MARKET ACTIVITIES

• INDUSTRY DOWNTURN FORCES DRASTIC LAYOFFS AT UPRIGHT
• VOVLVO CE ANNOUNCES WORKFORCE REDUCTION
• DEERE TO CUT U.S. SALARIED WORKFORCE BY EIGHT PERCENT
• DEERE CONTINUES "GREEN INDUSTRY" ACQUISITIONS
• JLG SELECTS MANUFACTURING SITE IN BELGIIUM
• JLG COST CONTROL PLAN WILL INCLUDE US PLANT CLOSURE
• TEREX SIGNS MERGER AGREEMENT WITH CMI CORPORATION
• TEREX UPDATES SECOND QUARTER EARNINGS EXPECTATIONS AND ANNOUNCES FOUR PLANT CLOSURES
• LEEBOY ACQUIRES ROSCO MANUFACTURING
• NEW CIO APPOINTMENTS AT DEERE AND AGCO
• EARTH KING PARTNERS WITH QUALCOMM
• SAUER-DANFOSS AND DAIKIN INDUSTRIES FORM ALLIANCE

FINANCIAL RESULTS

FIRST QUARTER RESULTS

FINNING INTERNATIONAL INC.
NATIONAL EQUIPMENT SERVICES, INC. (NES)
SAUER-DANFOSS, INC.
STEWART & STEVENSON SERVICES, INC.
THIRD QUARTER RESULTS
JLG INDUSTRIES, INC.

TRACKING THE TRENDS

MARKET TRENDS
ECONOMIC INDICATORS