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Pierce Arrow CT With Snozzle High-Reach Extendable Turret: A Game-Changer for New Mexico Fire

APPLETON, Wis. (October 2015) – Pierce Manufacturing Inc., an Oshkosh Corporation (NYSE:OSK) company, placed a Pierce® Arrow XT™ fire apparatus outfitted with the Oshkosh-exclusive Snozzle® High Reach Extendable Turret (HRET) on duty with the Malaga Volunteer Fire Department in Eddy County, New Mexico. Since going into service, the apparatus has proven itself in several emergency responses, protecting crude oil pumping and storage facilities located throughout southern New Mexico and West Texas.

“The Pierce Arrow XT, matched with our exclusive Snozzle HRET, is a powerful and proven combination, providing excellent reach and firefighting power,” said Jim Johnson, Oshkosh Corporation executive vice president and president of the Fire & Emergency segment and Pierce Manufacturing. “Originally developed for aircraft emergencies, we’re seeing a real spike in interest for the Snozzle HRET with specialized applications such as those in oil producing regions. The real-world experiences of departments such as Malaga, New Mexico speak volumes for its capabilities and performance.”

“On a single day, in particular – during the aftermath of a lightning storm – the apparatus traveled more than 300 miles and its crew put out four different tank battery fires,” explained Pecos Davis, fire chief for Malaga Volunteer Fire Department. “On another occasion, we responded to a series of tank battery fires with a neighboring district. They were fighting it with hand lines trying to put it out. We pulled up with the Snozzle, set the foam percentage at three percent, and put it out within 15 minutes.”

“The Snozzle apparatus gives us faster set-up time, greater reach, higher volume flow, and instant access to lots of foam. Most important, it keeps our firefighters further out of harm’s way,” said Robert Brader, director of fire services for Eddy County, New Mexico. “Fires that would have taken two to three hours to put out are now taking 20 minutes or even less. Plus, we have hundreds of miles of dirt and gravel roads that support the oilfield infrastructure, so we’re not driving this rig on pretty asphalt. We’re taking it onto rough roads and, here, the TAK-4® independent front suspension has made a world of difference.”

The Pierce Arrow XT apparatus features a 500 hp engine, a four-door cab, seating for four firefighters, TAK-4® independent front suspension, tandem rear axles, and Command Zone™ advanced electronics. The vehicle also sports a Pierce Snozzle HRET with a 50-foot reach, a Husky™ 12 single agent foam system, a 1,250-gallon poly water tank, a 200-gallon foam cell, 1,000 feet of 5-inch hose and 500 feet of 2.5-inch hose.

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, please visit 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 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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