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Oshkosh Airport Products Obtains Exclusive Rights in North America to Equip Brooms with the SIB Cassette Brush System

OSHKOSH, WIS. (June 25, 2014) Oshkosh Airport Products Group, a division of Oshkosh Corporation (NYSE: OSK), and Svenska Industriborstar i Västerås AB (SIB) today announced an agreement whereby Oshkosh Airport Products holds the exclusive rights in North America to equip brooms with the SIB cassette brush system. This is an extension of an agreement originally announced in 2012.
 
“SIB manufactures the industry’s finest cassette brush system, and Oshkosh is proud to offer it to customers in North America,” said Jeff Resch, Oshkosh Airport Products Group vice president and general manager. “A core Oshkosh mission is to help customers clear snow, ice and other debris from airport runways as quickly and efficiently as possible. This agreement enhances the value we bring to our customers which manage airport runway clearing operations.”
 
“We have developed a mutually beneficial working relationship with Oshkosh Airport Products, and this long-term extension of our 2012 agreement is an excellent move forward for both companies,” said Cecil Dahlberg, SIB CEO. “The SIB cassette brush system, matched with the Oshkosh XF broom and other brooming equipment, represents the state-of-the-art in performance and productivity.”
 
The SIB cassette brush system minimizes bristle-changing time and labor costs. It features easier operation, minimal vibration, and less snow packed in the bristles compared to traditional wafer brush systems. It sports a patented core construction in diameters of 36 inches or 46 inches and lengths up to 21 feet (6.5 meters). In addition, the SIB system requires fewer spare parts and is easier to maintain.
 


 
Photo caption: Oshkosh Airport Products Group and Svenska Industriborstar i Västerås AB (SIB) today announced an agreement whereby Oshkosh Airport Products gets the exclusive rights in North America to equip brooms with the SIB cassette brush system.
 
About SIB
A family owned Swedish company, Svenska Industriborstar i Västerås AB (SIB) was founded in 1955 and for its first 25 years concentrated exclusively on industrial brush solutions and applications. In the late 1970s, the company introduced the SIB cassette brush system, consisting of a rotating core and an arrangement of special cassette brushes for keeping airport runways free of ice, snow, rubber and FOD (Foreign Object Debris). The SIB system remains unique in terms of its performance, quality, efficiency, and environmental friendliness. For more information, visit
www.sib.brushes.se.
 
About Oshkosh Airport Products
The Oshkosh Airport Group, a division of Oshkosh Corporation, is a designer and builder of industry-leading airport firefighting and snow removal vehicles. Its flagship Striker® Aircraft Rescue and Fire Fighting (ARFF) vehicle and Oshkosh® H-Series™ snow removal chassis are known for their durability and superior performance and sold throughout the world. For more information, visit
www.oshkoshairport.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 pace of U.S. and European economic recoveries; the strength of emerging market growth and projected adoption rate of work at height machinery; 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; 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 consolidation and alignment, including the amounts of related costs and charges and that anticipated cost savings may not be achieved; the duration of the ongoing 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; 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 foreign currency fluctuations and 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 either the Company, the Company’s suppliers or its customers; the impact of cyber security risk 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, including the Form 8-K. 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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Topics: Snow

About Oshkosh Airport Products

Oshkosh Airport Products, a division of Pierce Manufacturing Inc., a subsidiary of Oshkosh Corporation (NYSE:OSK), is a designer and builder of industry-leading airport firefighting vehicles. Its flagship Striker® Aircraft Rescue and Fire Fighting (ARFF) vehicles are known for their durability and superior performance and sold throughout the world. For more information, visit www.oshkoshairport.com.

About Oshkosh Corporation

At Oshkosh (NYSE: OSK), we make innovative, mission-critical equipment to help everyday heroes advance communities around the world. Headquartered in Wisconsin, Oshkosh Corporation employs approximately 17,000 team members worldwide, all united behind a common purpose: to make a difference in people’s lives. Oshkosh products can be found in more than 150 countries under the brands of JLG®, Hinowa, Power Towers, Pierce®, MAXIMETAL, Oshkosh® Defense, McNeilus®, IMT®, Jerr-Dan®, Frontline™ Communications, Oshkosh® Airport Products, Oshkosh® AeroTech™ and Pratt Miller. For more information, visit www.oshkoshcorp.com

®, ™ 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 Company's ability to successfully integrate the AeroTech acquisition and to realize the anticipated benefits associated with the same; the 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 data security threats and breaches impacting the Company; the Company’s ability to successfully identify, complete and integrate other acquisitions and to realize the anticipated benefits associated with the same; 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.

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