06.03.2007 21:44:00
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Oshkosh Truck Subsidiary, Pierce Manufacturing, Named Wisconsin Manufacturer of the Year
Pierce Manufacturing Inc., a subsidiary of Oshkosh Truck Corporation [NYSE:OSK],
received the 2006 Wisconsin Manufacturer of the Year Award, winning the
Grand Award for excellence in the Mega category, representing businesses
with 1,000 or more employees.
The company earned the recognition for overall outstanding achievement
and exemplary contribution to manufacturing in the state. The award
acknowledges the progress and growth at Pierce, as well the hard work
and experience of its employees.
"This recognition is shared by each of our
employees who take great pride in the work we do. Our heritage is
grounded in the pursuit of manufacturing excellence. Continuous
operational improvement by our employees remains a firm foundation for
our ongoing success,” said John Randjelovic,
executive vice president of Oshkosh and president of Pierce. "Building
the best vehicles for our fire fighters both across the nation and
around the world to help them do their jobs better and safer is the sole
objective of, and the driving force behind our quality initiatives,
production enhancements and technology development.”
In 2006, Pierce opened an $18 million, 130,000-square-foot production
facility expansion. The expansion was spurred by strong growth in the
fire, rescue and homeland security apparatus industry. The development
provides Pierce with additional capacity to meet this growing demand,
help enhance quality, reduce lead times for customers, and streamline
manufacturing processes in line with the company’s
"lean”
manufacturing initiative. It also positions the company for future
growth opportunities.
An innovative leader in the fire and emergency vehicle market, Pierce
has changed the industry with innovations like the first frontal air
bags offered in a custom fire truck chassis, the Side Roll Protection
system, TAK-4®
independent front suspension, Command Zone™
advanced electronics system, and a long list of others.
The annual competition is co-sponsored by the Wisconsin Manufacturers &
Commerce, the state’s largest business
association; Virchow, Krause & Company LLP, the nation’s
15th largest accounting and consulting firm;
and Michael Best and Friedrich LLP, a large Midwest-based law firm.
About Pierce Manufacturing
Pierce Manufacturing Inc., a subsidiary of Oshkosh Truck Corporation, is
the leading North American manufacturer of custom fire apparatus.
Products include custom and commercial pumpers, aerials, rescue trucks,
wildland trucks, minipumpers, elliptical tankers, and homeland security
apparatus. In addition, Pierce designs its own foam systems and was the
first company to introduce the Side Roll Protection™
System to fire apparatus. To learn more about Pierce, visit www.piercemfg.com.
About Oshkosh Truck Corporation
Oshkosh Truck Corporation is a leading designer, manufacturer and
marketer of a broad range of specialty access equipment, commercial,
fire and emergency and military vehicles and vehicle bodies. Oshkosh's
products are valued worldwide by rental companies, fire and emergency
units, defense forces, municipal and airport support services, and
concrete placement and refuse businesses where high quality, superior
performance, rugged reliability and long-term value are paramount. For
more information, log on to www.oshkoshtruckcorporation.com.
Forward-Looking Statements
This press release contains statements that the company believes are
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. All statements other than
statements of historical fact, including statements regarding the
company's future financial position, business strategy, targets,
projected sales, costs, earnings, capital spending and debt levels, and
plans and objectives of management for future operations, are
forward-looking statements. When used in this press release, words such
as "expects," "intends," "estimates," "anticipates," or "believes" and
similar expressions 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 that
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 markets, the company's ability to
successfully integrate the JLG acquisition, the consequences of
financial leverage associated with the JLG acquisition, risks related to
reductions in government expenditures, the uncertainty of government
contracts and the company's ability to turnaround its Geesink Norba
Group business. Additional information concerning these and other
factors is contained in the Company's filings with the Securities and
Exchange Commission.
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