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Press Releases

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Pierce Manufacturing has reached a new sales milestone: the 107th order for its Pierce® Ascendant™ 107-foot steel heavy-duty aerial ladder. The Pierce Ascendant aerial ladder’s unmatched performance – and industry leading 107-foot reach in the single rear axle category – makes it the most popular new aerial apparatus in the company’s history.

APPLETON, Wis. (December 15, 2016) – Pierce Manufacturing, Inc., an Oshkosh Corporation (NYSE:OSK) company, has received the 107th order for its Pierce® Ascendant™ 107-foot steel heavy-duty aerial ladder. The vehicle was purchased by the City of Keene Fire Department in Keene, N.H.

“We are gratified to know the intensive and extensive work Pierce invested into the Ascendant has been so well received by fire departments across North America,” said Jim Johnson, Oshkosh Corporation executive vice president and president of the Fire & Emergency segment and Pierce Manufacturing.

The Pierce Ascendant ladder’s unmatched maneuverability and performance – and industry leading 107-foot reach in the single rear axle category – have combined to make it the most popular new aerial apparatus in the company’s history.

A committee of three from the department was assigned to develop the specifications and make recommendations to the fire chief. “Our goal during this process was to stay with a Quint configuration, keep the same overall sized vehicle, not compromise performance, add improved safety features, and get a longer ladder, if possible, and that’s a tall order,” said Fire Chief Mark Howard, a 23-year veteran of the City of Keene Fire Department. “As we started our research, Pierce came out with the Ascendant. It was a high-profile rig we were reading a lot about. Based on its longer reach – and because we could still have a waterway and maintain a high tip load capacity – we were very impressed, and eventually bought the truck.”

The Pierce Ascendant 107-foot aerial ladder features a weight optimized design structure that places weight and mass only where required. The aerial delivers a full 107-foot vertical reach and a 100-foot horizontal reach with a below grade operation of -10º. Its reach is an astounding 32 feet greater than a typical single rear axle aerial. The Ascendant is a true heavy-duty aerial device. Since its launch, Pierce’s R & D team successfully completed three phases of a fatigue test on the Ascendant that demonstrate the equivalent of 20 years of service life.

Added Chief Howard, “Our city’s current ordinance requires that buildings can’t exceed six stories in height, but our bigger issue is reach, as many of our two- and three-story buildings have access issues. The Ascendant ladder’s extra 32-feet of reach is going to make a huge difference.”

The Pierce Ascendant is available on a wide range of Pierce custom chassis, including the Arrow XT™, Velocity®, Impel® and Enforcer™. Additional body configurations introduced since the launch of the Ascendant include the PUC™ pump, Texas Chute Out body (side stack hosebed), and a no pump / no tank design.

Pierce Dealer, Minuteman Fire and Rescue Apparatus, Inc. of Walpole, Mass., provides local service and support for the City of Keene Fire Department. Visit www.minutemantrucks.com for more information.

Posted: Dec 15, 2016 1:39:15 PM by Pierce Mfg.

Topics: Press Release, Innovation, Apparatus Orders

About Pierce Manufacturing
Pierce 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 access equipment, commercial, fire & emergency, military and specialty 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 by rental companies, concrete placement and refuse collection businesses, fire & emergency departments, municipal and airport services and defense forces, 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 news 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 news 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 and construction seasons; the Company’s estimates of access equipment demand which, among other factors, is influenced by customer historical buying patterns and rental company fleet replacement strategies; 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 U.S. Department of Defense (DoD) and international defense customer procurement of products and services and acceptance of and funding or payments for such products and services; higher material costs resulting from production variability due to uncertainty of timing of funding or payments from international defense customers; risks related to reductions in government expenditures in light of U.S. defense budget pressures, sequestration and an uncertain DoD tactical wheeled vehicle strategy; the impact of any DoD solicitation for competition for future contracts to produce military vehicles, including a future Family of Medium Tactical Vehicle production contract; 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, including any delays as a result of a recent accident at the Company’s Dodge Center manufacturing facility; 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 news release. The Company assumes no obligation, and disclaims any obligation, to update information contained in this news 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.