McNeilus Brings Industry-Leading Controls Innovation – FLEX Controls – to CONEXPO 2017

Booth #S60309 highlights new McNeilus FLEX Controls, offering complete mixer monitoring

DODGE CENTER, Minn. (March 7, 2017) – McNeilus Truck & Manufacturing, Inc., an Oshkosh Corporation (NYSE:OSK) company, is featuring its advanced FLEX Controls System at CONEXPO 2017 in booth #S60309, March 7-11, 2017, at the Las Vegas Convention Center in Las Vegas, Nevada.

“Our new FLEX Controls provide an unprecedented level of performance and accuracy,” said Brad Nelson, president, McNeilus Truck & Manufacturing, Inc., and senior vice president of Oshkosh Corporation’s Commercial Segment. “They allow better, more precise mixing and improve monitoring and operator assurance – all in a flexible, cost-effective package.”

McNeilus FLEX Controls are one of the most advanced control systems in the industry, with flexibility to meet any concrete producer’s needs.

FLEX Controls are the ‘brains of the operation.’ They are the new nerve center that meets the demands of today’s job requirements and seamlessly upgrades for the demands of tomorrow. Whether it’s simple reliability or complex precision, the flexible system enables users to add or take away functionality to meet individual needs.

The patent-pending system consolidates complete mixer monitoring onto one screen. With the new control system, users have better control and less variability in loading, mixing, and delivering. The new Smooth Drum Stop technology offers the smoother transitions from charge to discharge and stop/start.

The FLEX Controls system is designed for continuous innovation, building in future upgrade capability to meet evolving customer needs.

“The new McNeilus FLEX Controls is a system that I have worked closely on with our development team. The key to this system is the flexibility,” said Tom Harris, vice president of concrete mixers for McNeilus Truck & Manufacturing, Inc. “You can configure a simple system for one producer and an advanced system for technology driven producers.”

A fully-functioning system will be shown on one of McNeilus’s industry-leading Bridgemaster® mixers, allowing CONEXPO attendees to test out the new system. There will also be a video in the McNeilus booth providing more information.

In addition to featuring FLEX Controls, the company will introduce a new lightweight drum and a new washout system and showcase seven McNeilus vehicles at CONEXPO. Seven additional McNeilus vehicles will be featured in partner booths throughout the tradeshow.

To learn more about McNeilus innovations, stop by booth #S60309 or visit https://www.mcneiluscompanies.com/mixers/.

®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.

 

About McNeilus

McNeilus Truck & Manufacturing, Inc., an Oshkosh Corporation [NYSE: OSK] company, is an industry leading concrete mixer manufacturer. The McNeilus mixer has long been the industry standard when it comes to transporting concrete to the job site. Through its compressed natural gas (CNG) program, McNeilus designs, installs and services CNG solutions for heavy duty fleets of all types. All supported by a comprehensive, factory direct sales and service network equipped with replacement parts to bring new life to your entire fleet. McNeilus, along with sister companies CON-E-CO, London and IMT, provide the industry with the finest concrete mixers, batch plants, and service trucks to enhance your operation. For more information, go to www.mcneiluscompanies.com.

About Oshkosh Corporation

Founded in 1917, Oshkosh Corporation is 100 years strong and continues to make a difference in people’s lives. Oshkosh brings together a unique set of integrated capabilities and diverse end markets that, when combined with the Company’s MOVE strategy and positive long-term outlook, illustrate why Oshkosh is a different integrated global industrial.  The Company is a leader in designing, manufacturing and servicing a broad range of access equipment, commercial, fire & emergency, military and specialty vehicles and vehicle bodies under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Jerr-Dan®, Frontline™, CON-E-CO®, London® and IMT®.

Today, Oshkosh Corporation is a Fortune 500 Company with manufacturing operations on four continents. Its products are recognized around the world for quality, durability and innovation, and can be found in more than 150 countries around the globe.  As a different integrated global industrial, Oshkosh is committed to making a difference for team members, customers, shareholders, communities and the environment. For more information, please visit www.oshkoshcorporation.com.

®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.

Forward-Looking Statements

This press release contains statements that the Company believes to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including, without limitation, statements regarding the Company’s future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels, and cash flows, and plans and objectives of management for future operations, are forward-looking statements. When used in this press release, words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “project,” or “plan” or the negative thereof or variations thereon or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions, and other factors, some of which are beyond the Company’s control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements.

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McNeilus Brings Industry-Leading Controls and Support Innovations to CONEXPO 2017

Booth #S60309 highlights new McNeilus FLEX Controls, washout system, lightweight drum, and support advances

DODGE CENTER, Minn. (March 2, 2017) – McNeilus Truck & Manufacturing, Inc., an Oshkosh Corporation (NYSE:OSK) company, is showcasing its new advanced control system, a new lightweight drum, a new washout system, and industry-leading support at CONEXPO 2017, March 7-11, 2017, at the Las Vegas Convention Center in Las Vegas, Nevada. In addition to these innovations, the company will showcase seven McNeilus vehicles in booth #S60309. Eight additional McNeilus vehicles will be featured in partner booths throughout the show.

“We are pleased to be bringing one of the industry’s most advanced controls system to CONEXPO,” said Brad Nelson, president, McNeilus Truck & Manufacturing, Inc., and Oshkosh Corporation’s Commercial Segment. “And we’re introducing other innovations the industry will love, showcasing the strength and innovation of McNeilus.”

Patent-pending McNeilus FLEX Controls provide an unprecedented level of performance and accuracy that allows better, more precise mixing. All in a flexible, cost-effective package. FLEX Controls are the ‘brains of the operation,’ consolidating complete mixer monitoring onto one screen. The system is designed for continuous innovation, building in future upgrade capability to meet evolving customer needs. Stop by Booth #S60309 to see the latest upgrades.

A new lightweight advancement to the patented M80 Series drum that saves almost 900 pounds of weight will be unveiled. The M80 LW model uses an AR450 abrasion-resistant steel shell with interior steel specifically configured for an optimal balance of thickness and longevity.

A new patent-pending washout system virtually eliminates the need to access the top of the mixer for cleaning. The patent-pending system saves time, cleaning the main chute, hopper, and both sides of rear fins. It provides a more thorough cleaning further into the drum than other systems on the market.

Show attendees will get a firsthand look at the options and product range McNeilus offers, including the McNeilus Standard, Bridgemaster® and Global SF Rear Discharge Mixers, Oshkosh S-Series™ Front Discharge Mixer, and sister company’s London Mixer, all familiar names to ready-mix producers. McNeilus customers can choose from several options and configurations, including McNeilus brand compressed natural gas options to meet the needs of any fleet vehicle. Innovations in drums, controls, lightweight materials, technology, and operator assurance result in the most replicated trucks in the industry.

The booth also showcases McNeilus’ dedicated, factory-direct sales and support network backed by nearly 30 strategically located North American branches and service centers. Support is available before, during and after the sale – serving customers both locally and nationally. McNeilus customers can take advantage of flexible in-house financing options, trade-in and used equipment opportunities, along with a national service team that provides on-site product and service training.

The Street Smart Parts™ display at the booth highlights the 24/7/365 availability of quality OEM parts and parts for any make or model. Street Smart Service™ also offers 24/7 technical support over the phone, and certified technicians are on-call in local service centers to repair or refurbish any make or model. The Street Smart by McNeilus brand offers solution-based programs, such as Street Smart Vision™ and Street Smart Contamination Control™, to help protect and extend the service life of a fleet.

A number of chassis manufacturers – Kenworth, Peterbilt, Mack, International and Freightliner – are also including McNeilus mixers as a part of their CONEXPO displays.

To learn more about McNeilus innovations, stop by booth #S60309 or visit https://www.mcneiluscompanies.com/mixers/.

 

®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.

About McNeilus

McNeilus Truck & Manufacturing, Inc., an Oshkosh Corporation [NYSE: OSK] company, is an industry leading concrete mixer manufacturer. The McNeilus mixer has long been the industry standard when it comes to transporting concrete to the job site. Through its compressed natural gas (CNG) program, McNeilus designs, installs and services (CNG) solutions for heavy duty fleets of all types. All supported by a comprehensive, factory direct sales and service network equipped with replacement parts to bring new life to your entire fleet. McNeilus, along with sister companies CON-E-CO, London and IMT, provide the industry with the finest concrete mixers, batch plants, and service trucks to enhance your operation. For more information, go to www.mcneiluscompanies.com.

About Oshkosh Corporation

Founded in 1917, Oshkosh Corporation is 100 years strong and continues to make a difference in people’s lives. Oshkosh brings together a unique set of integrated capabilities and diverse end markets that, when combined with the Company’s MOVE strategy and positive long-term outlook, illustrate why Oshkosh is a different integrated global industrial.  The Company is a leader in designing, manufacturing and servicing a broad range of access equipment, commercial, fire & emergency, military and specialty vehicles and vehicle bodies under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Jerr-Dan®, Frontline™, CON-E-CO®, London® and IMT®.

Today, Oshkosh Corporation is a Fortune 500 Company with manufacturing operations on four continents. Its products are recognized around the world for quality, durability and innovation, and can be found in more than 150 countries around the globe.  As a different integrated global industrial, Oshkosh is committed to making a difference for team members, customers, shareholders, communities and the environment. For more information, please visit www.oshkoshcorporation.com.

®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.

Forward-Looking Statements

This press release contains statements that the Company believes to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including, without limitation, statements regarding the Company’s future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels, and cash flows, and plans and objectives of management for future operations, are forward-looking statements. When used in this press release, words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “project,” or “plan” or the negative thereof or variations thereon or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions, and other factors, some of which are beyond the Company’s control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements.

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Strong Demand in 2016 for FleetMind/Street Smart Vision™ by McNeilus Fleet Management Solution

Street Smart Vision 10 (SSV10) Enables Smarter, Safer, Cleaner and More Productive Refuse Collection Fleets

MONTREAL, CANADA and DODGE CENTER, MN – February 14, 2017 – FleetMind Solutions and McNeilus Truck & Manufacturing, Inc., an Oshkosh Corporation (NYSE:OSK) company, reported today significant market traction in 2016 for their Street Smart Vision system, the SSV10 “smart” truck solution that combines McNeilus refuse collection vehicles with FleetMind’s mobile onboard computer and DVR platform.

“In 2016 we added 15 new waste and recycling management customers for our SSV10 solution,” said Bryan Dodds, Director of Aftermarket Product Development at McNeilus. “From customers, as far away as New Zealand, there is clearly a strong demand in the waste industry for trucks that are smarter, safer, cleaner and more productive.  We are grateful to the industry for an outstanding year and are looking forward to what we will accomplish together in the new year.”

SSV10 provides a single hardware platform that enables multiple software options. It also offers interfaces to third party dispatch, billing, maintenance and other applications. SSV10 basic packages includes GPS tracking, live streaming video, DVR (recording and playback), telemetry data and alarm capabilities. For 2017, McNeilus and FleetMind will focus on new and enhanced safety initiatives that include features such as 360-degree camera views, pedestrian detection, collision avoidance and more. Customers can now order the system installed, programmed and route-ready on all aftermarket and new McNeilus trucks – all supported through its expanding network of service centers across North America.

“The waste collection fleets of the future need to be completely connected in real-time, all the time. They also need to be safe for drivers and everyone in the truck’s immediate vicinity,” said Martin Demers, Business Unit Vice-President of FleetMind Solutions. “Our mission with McNeilus is to ensure a smarter and more fully connected waste collection environment. Everyone in the back-office should have access to real-time information and complete visibility into and around the vehicle, and everyone in and around the vehicle should feel safer.  2016 marked the significant first steps of our collaboration with McNeilus toward vastly smarter waste collection fleets that will benefit everyone.”

With SSV10:

  • Dispatchers always know where trucks are and how routes are progressing
  • Maintenance managers have remote access to trucks for live diagnostics and troubleshooting
  • Drivers are better trained, feel safer and can document incidents and exceptions
  • Operations can track KPIs, optimize routes and minimize costs
  • Customer support staff have access to service verification information in real-time
  • Sales can identify opportunities for service upgrades
  • Finance can evaluate customer profitability

FleetMind Solutions is the award-winning technology leader for connected smart truck solutions for waste management fleets. FleetMind develops the industry’s most advanced fleet management solutions specifically for waste and recycling environments. FleetMind systems have been successfully installed in thousands of vehicles across North America to link waste and recycling fleet operations to their drivers and vehicles in real-time to ensure optimal productivity, safety, sustainability, profitability and customer service. FleetMind is now a member of the Safe Fleet family. For more information, visit: www.fleetmind.com. To learn about the portfolio of brands owned by FleetMind’s parent company, Safe Fleet, visit: www.safefleet.net.

About McNeilus

McNeilus Truck & Manufacturing, Inc., an Oshkosh Corporation [NYSE: OSK] company, is an industry leading manufacturer of refuse truck bodies. McNeilus produces a complete line of rear load, front load, and automated side load units to augment any refuse collection fleet. Each product line offers multiple models to fit your specific needs. Through its NGEN™ CNG Systems and Service program, McNeilus designs, installs, services and supports compressed natural gas (CNG) solutions for heavy duty fleets of all types. All supported by a comprehensive, factory direct sales and service network equipped with replacement parts to bring new life to your entire fleet. For more information, go to www.mcneiluscompanies.com.

About Oshkosh Corporation

Oshkosh Corporation is a leading designer, manufacturer and marketer of a broad range of access equipment, commercial, fire & emergency, military and specialty vehicles and vehicle bodies. Oshkosh Corporation manufactures, distributes and services products under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Jerr-Dan®, Frontline, CON-E-CO®, London® and IMT®. Oshkosh products are valued worldwide by rental companies, concrete placement and refuse collection businesses, fire & emergency departments, municipal and airport services and defense forces, where high quality, superior performance, rugged reliability and long-term value are paramount. For more information, please visit www.oshkoshcorporation.com.

Forward-Looking Statements

This press release contains statements that the Company believes to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including, without limitation, statements regarding the Company’s future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations, are forward-looking statements. When used in this press release, words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “project” or “plan” or the negative thereof or variations thereon or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond the Company’s control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements.

About FleetMind

FleetMind Solutions is the award-winning technology leader for connected smart truck solutions for waste management fleets. FleetMind develops the industry’s most advanced fleet management solutions specifically for waste and recycling environments. FleetMind systems have been successfully installed in thousands of vehicles across North America to link waste and recycling fleet operations to their drivers and vehicles in real-time to ensure optimal productivity, safety, sustainability, profitability and customer service. FleetMind is now a member of the Safe Fleet family. For more information, visit: www.fleetmind.com. To learn about the portfolio of brands owned by FleetMind’s parent company, Safe Fleet, visit: www.safefleet.net.

McNeilus Reveals New Mixer FLEX Controls System

McNeilus launched its new controls system ‘McNeilus FLEX Controls’ at the Command Alkon User Conference in Atlanta.McNeilus FLEX Controls Bridgemaster

DODGE CENTER, Minn. (Nov. 30, 2016) – McNeilus Truck & Manufacturing, Inc., an Oshkosh Corporation (NYSE:OSK) company, revealed its new mixer controls platform earlier this month during the Command Alkon User Conference in Atlanta, GA. McNeilus® FLEX Controls are one of the most advanced control systems in the industry, with flexibility  to meet any concrete producer’s needs.

McNeilus FLEX Controls are the ‘brains of the operation.’ They are the new nerve center that meets the demands of your job today and seamlessly upgrades for the demands of tomorrow. Whether it’s simple reliability or complex precision, our flexible system lets you add or take away functionality to meet your needs — so you can focus on getting the job done right.

McNeilus FLEX Controls consolidate complete mixer monitoring onto one screen. With the new control system you have better control and less variability in loading, mixing, and delivering. The new Smooth Drum Stop technology offers the smoother transitions from charge to discharge and stop/start.

“The new McNeilus FLEX Controls is a system that I have worked closely on with our development team. The key to this system is the flexibility.” said Tom Harris, vice president of concrete mixers for McNeilus Truck & Manufacturing, Inc. “You can configure a simple system for one producer and an advanced system for technology driven producers.”

The launch of McNeilus FLEX Controls included an executive briefing to industry leaders, a featured McNeilus Bridgemaster® mixer outside the conference hotel, two general sessions with truck walkarounds, and a fully functioning in-booth display for attendees to test out the new system.

To learn more about McNeilus visit www.mcneiluscompanies.com/.

Photo Caption: McNeilus® Bridgemaster® featured outside the Westin hotel in Atlanta, GA for the Command Alkon Conference.

®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.

About McNeilus

McNeilus Truck & Manufacturing, Inc., an Oshkosh Corporation [NYSE: OSK] company, is an industry leading concrete mixer manufacturer. The McNeilus mixer has long been the industry standard when it comes to transporting concrete to the job site. Through its Next Generation Initiatives (NGEN) program, McNeilus designs, installs and services compressed natural gas (CNG) solutions for heavy duty fleets of all types. All supported by a comprehensive, factory direct sales and service network equipped with replacement parts to bring new life to your entire fleet. McNeilus, along with sister companies CON-E-CO, London and IMT, provide the industry with the finest concrete mixers, batch plants and service trucks to enhance your operation. For more information, go to www.mcneiluscompanies.com.

About Oshkosh Corporation

Oshkosh Corporation is a leading designer, manufacturer and marketer of a broad range of access equipment, commercial, fire & emergency, military and specialty vehicles and vehicle bodies. Oshkosh Corporation manufactures, distributes and services products under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Jerr-Dan®, Frontline, CON-E-CO®, London® and IMT®. Oshkosh products are valued worldwide by rental companies, concrete placement and refuse collection businesses, fire & emergency departments, municipal and airport services and defense forces, where high quality, superior performance, rugged reliability and long-term value are paramount. For more information, please visit www.oshkoshcorporation.com.

®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.

Forward-Looking Statements

This press release contains statements that the Company believes to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including, without limitation, statements regarding our future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations, are forward-looking statements. When used in this Proxy Statement, words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “project” or “plan” or the negative thereof or variations thereon or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond our control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements.

Concrete Mixer Simulator Developed to Advance Safety Training

Midwest Concrete Materials, based out of Manhattan, Kansas has spent the last year developing a McNeilus mixer simulator to grow their training program for drivers.

Dodge Center, Minnesota. (October 27, 2016) – Driver safety is a priority for McNeilus Truck & Manufacturing, Inc., an Oshkosh Corporation (NYSE:OSK) company and Midwest Concrete Materials, a growing ready mix and dump truck company with a fleet of 125 trucks, 85 of which are concrete mixers.  That is why the two teamed up to create a McNeilus mixer simulator, which helps train drivers in a virtual world react to any situation. With the occupation of truck driver being consistently listed in the top 10 deadliest jobs in America, the simulator will help train drivers on ways to stay safer on the road.

“Driver simulation was a great way to not risk a large investment, said Craig Poe, Midwest Concrete Material Trainer. “A simulator costs a lot of money, but students can wreck a truck in the simulator over and over again and it doesn’t cost you anything. We have had too many accidents that have resulted from not enough training.”

With at least 90% of their mixers being McNeilus body trucks, they choose to partner with McNeilus Truck & Manufacturing to supply the control system the simulator would eventually run on. “Most of our ready mix trucks are McNeilus and I don’t see that changing anytime soon,” said Poe.  “We wanted to get the simulator as close as possible to the equipment the guys would be running every day.”

Midwest Concrete Materials chose Doron Precision Systems, Inc. to create their simulator. After 42 years in business, Doron has developed over 25,000 simulated vehicles in 60 different countries and is recognized as a world leader in their industry.

“We thought Doran was the best to do simulation, but we were going to have to develop a ready mix truck from scratch,” said Poe. “We spent a lot of time getting it to act like a ready mix truck, but that’s what happens when you’re the first one to do something.”

“We’ve developed over 25,000 simulator vehicles and rely on the expertise of our clients to teach us about their individual vehicles,” said Michael Stricek, Senior VP of Doron. “Craig from Midwest Concrete Material was extremely helpful showing how the McNeilus controls work and what affects the truck’s stability. We could now deliver a ready mix truck simulator in 60 to 90 days because of his help.”

“McNeilus supplied information, wiring, and the control box for the McNeilus Command Center Controls,” stated Clint Glunz, a McNeilus Engineer. “These controls have evolved over time and it was important for Craig and his team to use a simulator that incorporates the advanced control technology we invest in. This ensures the simulator functions like the state-of-the-art mixers they are running.” McNeilus is committed to providing the industry’s best in customer support, product innovation and service.

Doran utilized the 550Truckplus Simulator to interface with McNeilus controls. The simulator based McNeilus controls allow the driver to charge and discharge the mixer drum, change the speed, raise and lower the Bridgemaster® axle, lock the chute, and operate the work light and hopper – some of which affects how the mixer handles on the road. The system is designed to simulate how vehicle dynamics are affected by the drum rotation speed while driving, to provide realistic conditions caused by the higher leftward shifted center of gravity.

Training drivers on improving their reaction times is another key program area targeted for the future for Midwest Concrete Materials. They plan to solidify a more in depth training program to enhance the hands-on training the simulator provides. They will also get their drivers in once a year to maintain records on their reaction times.

“It’s very important – if someone is even a second slower there could be an accident,” said Poe. “Our SkillTrak software measures how quickly a driver can move from gas to brake when given a visual cue. We measure in milliseconds. The average driver going 55 mph on a dry road has a reaction time of ¾ of a second – meaning the vehicle travels 60 feet before the driver takes action.”

When asked if the money invested in the simulator was worth it, Poe said “I guess I can probably tell you in another year – the whole idea was to avoid more accidents and so far we’ve done really well with that.”

About McNeilus

McNeilus Truck & Manufacturing, Inc., an Oshkosh Corporation [NYSE: OSK] company, is an industry- leading manufacturer of refuse truck bodies. McNeilus produces a complete line of rear load, front load, and automated side load units to augment any refuse collection fleet. Each product line offers multiple models to fit customers’ specific needs. Through its Next Generation Initiatives (NGEN) program, McNeilus designs, installs and services compressed natural gas (CNG) solutions for heavy duty fleets of all types. All supported by a comprehensive, factory direct sales and service network equipped with replacement parts. McNeilus is leading the way toward the next generation of vehicle solutions. Visit www.mcneiluscompanies.com.

About Oshkosh Corporation

Oshkosh Corporation is a leading designer, manufacturer and marketer of a broad range of access equipment, commercial, fire & emergency, military and specialty vehicles and vehicle bodies. Oshkosh Corporation manufactures, distributes and services products under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Jerr-Dan®, Frontline, CON-E-CO®, London® and IMT®. Oshkosh products are valued worldwide by rental companies, concrete placement and refuse businesses, fire & emergency departments, municipal and airport services and defense forces, where high quality, superior performance, rugged reliability and long-term value are paramount.  For more information, visit www.oshkoshcorporation.com

®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.

Forward-Looking Statements

This press release contains statements that the Company believes to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including, without limitation, statements regarding the Company’s future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations, are forward-looking statements. When used in this press release, words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “project” or “plan” or the negative thereof or variations thereon or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond the Company’s control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include the cyclical nature of the Company’s access equipment, commercial and fire & emergency markets, which are particularly impacted by the strength of U.S. and European economies; the Company’s estimates of access equipment demand; the strength of the U.S. dollar and its impact on Company exports, translation of foreign sales and purchased materials; the expected level and timing of DoD and international defense customer procurement of products and services and funding thereof; risks related to reductions in government expenditures in light of U.S. defense budget pressures, sequestration, an uncertain DoD tactical wheeled vehicle strategy and uncertainties associated with government contracts; risks related to the JLTV production contract award that the Company recently received, including those associated with commencement of production under the contract;  the Company’s ability to finalize international contracts for a significant quantity of M-ATVs, with sales beginning in fiscal 2016; the Company’s ability to increase prices to raise margins or offset higher input costs; increasing commodity and other raw material costs, particularly in a sustained economic recovery; risks related to facilities expansion, consolidation and alignment, including the amounts of related costs and charges and that anticipated cost savings may not be achieved; global economic uncertainty, which could lead to additional impairment charges related to many of the Company’s intangible assets and/or a slower recovery in the Company’s cyclical businesses than Company or equity market expectations; projected adoption rates of work at height machinery in emerging markets; the impact of severe weather or natural disasters that may affect the Company, its suppliers or its customers; risks related to the collectability of receivables, particularly for those businesses with exposure to construction markets; the cost of any warranty campaigns related to the Company’s products; risks related to production or shipment delays arising from quality or production issues; risks associated with international operations and sales, including compliance with the Foreign Corrupt Practices Act; the Company’s ability to comply with complex laws and regulations applicable to U.S. government contractors; cybersecurity risks and costs of defending against, mitigating and responding to a data security breach; and risks related to the Company’s ability to successfully execute on its strategic road map and meet its long-term financial goals. Additional information concerning these and other factors is contained in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements speak only as of the date of this press release. The Company assumes no obligation, and disclaims any obligation, to update information contained in this press release. Investors should be aware that the Company may not update such information until the Company’s next quarterly earnings conference call, if at all.

 

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