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Pierce Delivers Tactical Water Tender Firefighting Truck to Garden Valley FPD In California

March 7, 2012

APPLETON, Wis. (MAR. 6, 2012) – Pierce Manufacturing, an Oshkosh Corporation (NYSE:OSK) company, has placed a Pierce® Tactical Water Tender wildland apparatus into service with the Garden Valley Fire Protection District (FPD) located in California’s El Dorado County. Engineered to meet National Wildfire Coordination Group (NWCG) approved specifications, the new apparatus will provide water support for wildland firefighting operations for the District, as well as powerful fire suppression capabilities when called upon. The vehicle was purchased through a Fire Act Grant.

 

Photo Caption: Pierce Manufacturing has placed this Pierce Tactical Water Tender into service with the Garden Valley Fire Protection District located in California’s El Dorado County.

 

“We believe vehicles such as our New Pierce Tactical Water Tender are on the leading edge of a trend for wildland urban interface departments,” said Bill Dekker, Garden Valley FPD fire chief. “It is flexible and very effective for wildland and structural responses; our new rig is fire attack ready and, in a few short weeks, has performed beyond our expectations on three major fires.”

“This new Pierce Tactical Water Tender has the capabilities to carry a large amount of water and, with its firefighting systems, the firepower to provide suppression when needed,” said Jim Johnson, Oshkosh Corporation executive vice president and president, Fire & Emergency. “Pierce has the commitment – and the expertise – to build wildland firefighting vehicles of all types.”

The Pierce Tactical Water Tender is built on a Freightliner chassis with a 360 hp engine and seating for two firefighters. The apparatus features a 2,100-gallon water tank, a rear 180-degree quick dump rear discharge, and a 3,000-gallon portable folding water tank. In addition, the vehicle is outfitted with a remote control front bumper turret, rear inlet, 1,100 feet of supply line, SCBA bottle storage above the wheel wells, and a hose reel.

“Having a new fire truck in Garden Valley has caused quite a bit of positive publicity throughout the community,” adds Chief Dekker. “This Pierce tender is helping the citizens of Garden Valley by providing a new level of fire protection – and it will even generate revenue when called upon by the U.S. Forest Service or CalFire to fight wildfires. In tough economic times, that’s a big deal.”

The Garden Valley FPD, operating from three fire stations, is a combination paid and volunteer department providing fire protection, rescue, and initial response medical aid to a population of 7,500. Garden Valley FPD is located in approximately 60 square miles of unincorporated area in northern El Dorado County in the historic Gold Country region. Garden Valley FPD provides automatic mutual aid with the Georgetown Fire Department, Eldorado County Fire Protection District, CalFire, and the U.S. Forest Service, depending on the location and type of call.

Pierce dealer, Golden State Fire Apparatus, and regional service provider, Burton’s Fire, Inc. of Modesto, Calif., provide local support.

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®, Medtec®, Jerr-Dan®, Oshkosh Specialty Vehicles, Frontline™, SMIT™, 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, 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 expected level and timing of DoD’s procurement of products and services and funding thereof, including the impact of the DoD’s allocation of certain tires which will restrict and delay certain FHTV sales; risks related to reductions in government expenditures in light of U.S. defense budget pressures and an uncertain DoD tactical wheeled vehicle strategy; the cyclical nature of the Company’s access equipment, commercial and fire & emergency markets, especially during periods of global economic uncertainty, lower municipal spending and tight credit markets; the Company’s ability to produce vehicles under the FMTV contract at targeted margins; 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 equity market expectations; the potential for the U.S. government to competitively bid the Company’s Army and Marine Corps contracts; the consequences of financial leverage, which could limit the Company’s ability to pursue various opportunities; increasing commodity and other raw material costs, particularly in a sustained economic recovery; the ability to pass on to customers price increases to offset higher input costs; risks related to costs and charges as a result of facilities consolidation and alignment, including that anticipated cost savings may not be achieved; 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 delays arising from supplier quality or production issues; risks associated with international operations and sales, including foreign currency fluctuations and compliance with the Foreign Corrupt Practices Act; the potential for increased costs relating to compliance with changes in laws and regulations; risks related to disruptions in the Company’s distribution networks; and 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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