EXHIBIT 22
- ----------
                             Listing of Subsidiaries

                                                                     Percent of
                                                                       Voting
                                                                     Securities
                                         Jurisdiction of              Owned by
           Subsidiary                     Incorporation              the Company
           ----------                     -------------              -----------
                                    
JLG Equipment Services, Inc.          Pennsylvania                      100%
                                    
Fulton International, Inc.            Delaware                          100%
                                    
Fulton International Foreign        
Sales Corporation                     Barbados                          100%
                                    
Zontess Pty. Ltd.                     Australia                         100%
                                 

The financial statements of the above listed subsidiaries are included in the
Company's Consolidated Financial Statements incorporated herein by reference.


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