Pierce Arrow XT 100-Foot Aerial Tiller Apparatus Delivered to the Minneapolis Fire Department

APPLETON, WI. (May 2015)Pierce Manufacturing Inc., an Oshkosh Corporation (NYSE:OSK) company, has delivered a Pierce® Arrow XT™ 100-foot aerial tiller apparatus to the Minneapolis Fire Department in Minneapolis, Minnesota.  Purchased through an HGAC procurement services contract, the apparatus will be placed into service in early June.

Photo Caption: Pierce Manufacturing delivered this Pierce® Arrow XT™ 100-foot aerial tiller apparatus to the Minneapolis Fire Department (MFD) in Minneapolis, Minnesota. The apparatus will be placed into service in early June.

“We are thrilled to be chosen by the Minneapolis Fire Department to engineer and manufacture this aerial tiller apparatus,” said Jim Johnson, Oshkosh Corporation executive vice president and president, Fire & Emergency. “Pierce takes great pride in the performance, quality and value of its custom apparatus, and we are excited to have this aerial tiller serve Minnesota’s largest fire department.”

Minneapolis Fire Department is familiar with the quality and performance of Pierce apparatus. “This is our third Pierce aerial tiller and they’ve been a great rig for us – very capable maneuvering through the tight streets of Minneapolis,” said Raymond V. Cruz, Minneapolis Fire Department Deputy Chief of Logistics & Engineering. “The new Pierce tiller will carry ladders, saws, fans, lights pumps and extrication tools. It will be stationed on the south side of the city and also respond to the University of Minnesota campus.”

The Pierce Arrow XT tiller apparatus for Minneapolis features Pierce’s exclusive Detroit Diesel DD13 500 hp engine as well as TAK-4® independent suspension on both the front axle and rear tiller cab axle for enhanced maneuverability on the city’s narrow streets. Other notable components include side roll and frontal impact airbag protection systems, a Command Zone® advanced electronics system, and 10 equipment storage compartments with roll-up doors. The 100-foot medium-duty ladder features a new “clean tip” design to reduce potential obstructions for firefighters working at the ladder’s tip.

The Minneapolis Fire Department is a career department that provides fire protection and first responder emergency medical services to the city of Minneapolis. The Minneapolis Fire Department operates out of 19 fire stations located throughout the city, and responds to approximately 40,000 emergency calls each year.

Pierce dealer, North Star Fire Apparatus of Apple Valley, Minnesota, in conjunction with Red Power Diesel Service provides local service and support. “It’s an honor to serve and support the Minneapolis Fire Department with what will be the third Pierce tiller in their fleet,” said Brad White, general manager of North Star Fire Apparatus. “Our mission is to provide unmatched assistance to Pierce customers across Minnesota. This newest aerial tiller represents a vote of confidence in us, and in Pierce, by Minnesota’s largest fire department.” Visit www.northstarfireapparatus.com for more information.

About Pierce Manufacturing
Pierce Manufacturing Inc., an Oshkosh Corporation [NYSE: OSK] company, 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 frontal airbags and the Side Roll Protection system to fire apparatus. To learn more about Pierce, visit www.piercemfg.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.

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 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 and an uncertain DoD tactical wheeled vehicle strategy, including the Company’s ability to successfully manage the cost reductions required as a result of lower customer orders in the defense segment; the Company’s ability to win a U.S. Joint Light Tactical Vehicle production contract award and international defense contract awards; 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; 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; the impact of severe weather or natural disasters that may affect the Company, its suppliers or its customers; cyber security 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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