OSHKOSH CORPORATION LAUNCHES THE OSHKOSH FINISHING SERVICES PORTFOLIO AT FABTECH 2013
Oshkosh Presents Military Grade Corrosion Protection, Finishing and Manufacturing Solutions for Commercial Applications
OSHKOSH, Wis. (Nov 18, 2013) — Oshkosh Corporation (NYSE: OSK) is launching a state-of-the-art line of services to provide high quality manufacturing, corrosion protection and top coat services for heavy duty industrial, specialty vehicle and commercial products companies throughout the Midwest. The new business group, called Oshkosh Finishing Services, is founded on the extremely disciplined processes and exacting quality specifications required to produce products for the U.S. Department of Defense and a variety of commercial customers.
“As we look across industries, we see companies responding to their customers’ demands for products with higher quality and lower life cycle costs,” said Don Bent, Oshkosh Defense vice president of Operations and business group leader for Oshkosh Finishing Services. “To address this need, we’ve built a portfolio of services including electrocoating, top coating, welding and fabrication, and assembly that are proven to reduce costs and increase quality based on performance metrics and results from U.S. Government and commercial contracts.”
State-of-the-Art Corrosion Protection Facility
The centerpiece of Oshkosh Finishing Services is the company’s unique electrocoating (e-coating) capabilities. Oshkosh operates one of the most expansive e-coating facilities in the nation, which opened in 2010. The facility houses one of the largest Programmable Hoist Systems (PHS) in the world and a modern Slide Rail Square Transfer System (SST). Together, these systems can accommodate parts and components of virtually all shapes and sizes, and in large or small volumes. Highlights from Oshkosh’s corrosion protection services include:
- High-performance cathodic epoxy coatings paired with zinc-phosphate pre-treatment
- Immersion processes deliver uniform coverage and thickness for complex parts
- Final coatings provide superior salt spray, humidity and cyclic corrosion resistance
- PHS tank sizes: 36 ft length, 3.5 ft width and 8 ft depth; Maximum weight capability of 5,000 lbs.
- SST capabilities: 8ft length, 10 ft width and 8 ft depth; Maximum part weight capacity of 2,500 lbs.
- Accredited laboratory for quality and performance testing, and certification of the coating process
We invite you to meet the Oshkosh Finishing Services team at the FABTECH conference in Chicago, Ill., November 18-20, 2013 in the South Hall at booth #S5571..
About Oshkosh Finishing Services
Oshkosh Finishing Services delivers a complete range of manufacturing and finishing solutions to help industrial and commercial businesses deliver the highest quality products to their customers. Leveraging the latest technologies and chemistry, Lean-based processes and a world-class quality management system, Oshkosh consistently delivers the highest quality at a competitive price. By offering e-coating, top coating, welding and fabrication, and assembly as stand-alone services or a comprehensive solution, Oshkosh Finishing Services is helping companies across multiple industries produce successful, profitable products. To learn more about Oshkosh Finishing Services please visit us at www.oshkoshfinishingservices.com
About Oshkosh Corporation
Oshkosh Corporation is a leading designer, manufacturer and marketer of a broad range of specialty access equipment, commercial, fire & emergency and military 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 in businesses where high quality, superior performance, rugged reliability and long-term value are paramount. For more information, log on to www.oshkoshcorporation.com.
®, TM All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.
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, especially with the current tepid outlook for the U.S. and European economic recoveries and the struggles the U.S. government has encountered trying to resolve budgetary and debt issues; the strength of emerging market growth and projected adoption rate of work at height machinery; the expected level and timing of the DoD procurement of products and services and funding thereof; risks related to reductions in government expenditures in light of U.S. defense budget pressures, sequestration and an uncertain DoD tactical wheeled vehicle strategy, including the Company’s ability to successfully manage the cost reductions required as a result of the significant projected decrease in sales levels in the defense segment; the Company’s ability to win a U.S. JLTV production contract award; 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 consolidation and alignment, including the amounts of related costs and charges and that anticipated cost savings may not be achieved; the duration of the ongoing global economic weakness, 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; 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 foreign currency fluctuations and compliance with the Foreign Corrupt Practices Act; the Company’s ability to comply with complex laws and regulations applicable to U.S. government contractors; 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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