OSHKOSH FIRE & EMERGENCY DELIVERS 10 VEHICLES TO BRITISH PETROLEUM: DESTINATION IS AZERBAIJAN AND IRAQ
Mix of apparatus to provide fire protection at BP terminal and oilfield operations.
OSHKOSH, WIS. (Nov. 13, 2012) – The Oshkosh Fire & Emergency segment of Oshkosh Corporation (NYSE: OSK) delivered 10 vehicles to British Petroleum (BP), including four Pierce® industrial pumpers, one Pierce Sky-Boom™ aerial water tower, and four Oshkosh® Stinger Q4™ Rapid Intervention Vehicles. The delivery also included a field service vehicle manufactured by Iowa Mold Tooling Co. (IMT), an Oshkosh Corporation Company. Two of the units are bound for oil terminal facilities in the Republic of Azerbaijan, while the remaining eight are headed for BP facilities in Iraq.
“When purchasing new emergency response vehicles for a terminal or oilfield operation, our priorities include functionality, mobility, and firepower – and not necessarily in that order,” said John Coates, Emergency Response Specialist for BP’s AGT (Azerbaijan-Georgia-Turkey) Region in Azerbaijan. “The team at Pierce and Oshkosh provide very capable and innovative vehicles that meet our specifications, as well as excellent service and parts support after the sale.”
“The delivery of this major order to British Petroleum showcases the capabilities and complete range of vehicles offered by Oshkosh and the Fire & Emergency segment, from large industrial pumpers to aerial towers, nimble rapid intervention vehicles and support trucks,” said Jim Johnson, Oshkosh Corporation executive vice president and president, Fire & Emergency. “All of our vehicles are built with an unwavering commitment to quality, performance, and reliability under the toughest conditions. It is very gratifying to have BP choose from our family of products to fulfill their vehicle requirements.”
The four Pierce industrial pumpers are each built on the Arrow XT™ chassis with a raised roof cab, seating for six firefighters, a tandem rear axle, and a 515 hp engine. The firefighting system includes a Husky® 300 foam system, a 1200-gallon foam cell, and a 2000 pound dry chemical system, and twin industrial monitors with 2000 gpm nozzles. The Pierce Sky-Boom™ aerial water tower is also built on the Arrow XT chassis. The vehicle features a 65-foot aerial device, a 750-gallon water tank, a 500-gallon foam cell, a 500 pound dry chemical system, a Husky 300 foam system, and twin industrial monitors with 2000 gpm nozzles.
The four Oshkosh Stinger Q4 Rapid Intervention Vehicles are compliant with NFPA 414 performance specifications and feature a four-door cab, aluminum body construction and 4x4 all-wheel drive. The Stinger Q4 is equipped with a dual agent hand line nozzle, and a front bumper turret.
The IMT Dominator® CS Mechanics Truck features body materials constructed from rugged galvanneal steel, with a patented body substructure design, an electrical system using automotive-style harnesses, and body storage capacity of 3.4 cubic meters.
Photo caption: Oshkosh Fire & Emergency has delivered ten vehicles to British Petroleum (BP), including four Pierce® industrial pumpers, one Pierce Sky-Boom™ aerial water tower, four Oshkosh® Stinger Q4™ Rapid Intervention Vehicles, and an IMT field service vehicle. Two of the units are bound for oil terminal facilities in Azerbaijan, while the remaining eight are headed for BP facilities in Iraq.
About Oshkosh Corporation Fire & Emergency Segment
Known for safety, quality and leading edge technology, the Oshkosh Corporation Fire & Emergency segment designs and manufactures a full line of fire apparatus, mobile medical, broadcast communications, recovery and homeland security vehicles. Brands under the F&E segment include: Pierce®, Oshkosh® Airport Products, and Frontline™.
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®, Oshkosh Specialty Vehicles, 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.
This press release includes forward-looking statements. To the extent this press release constitutes proxy solicitation material to which the Private Securities Litigation Reform Act of 1995 (the “PSLRA”) applies), the Company believes such statements to be “forward looking” within the meaning of the PSLRA. 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, plans and objectives of management for future operations, the value shareholders would receive under the terms of the Offer and the likelihood the Offer will be consummated, 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. Investors are, therefore, cautioned not to place undue reliance on any forward-looking statement. Any forward-looking statement speaks only as of the date of this press release, and, except as required by law, the Company does not undertake to update any forward-looking statements to reflect new information, events or circumstances.
Some important factors that could cause the Company’s actual results to differ from the Company’s expectations in these forward-looking statements include: the cyclical nature of the Company’s access equipment, commercial and fire & emergency markets, especially in the current environment where there are conflicting signs regarding the future global economic outlook; the expected level and timing of the U.S. Department of Defense (“DoD”) procurement of products and services and funding thereof; risks related to reductions in government expenditures in light of U.S. defense budget pressures and an uncertain DoD tactical wheeled vehicle strategy; the 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 the Company’s exit from its ambulance business, including the amounts of related costs and charges; 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 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 Company or equity market expectations; the potential for the U.S. government to competitively bid the Company’s Army and Marine Corps contracts; 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; risks related to actions of activist shareholders, including the amount of related costs; the Company’s ability to successfully execute on its strategic road map and meet its long-term financial goals; risks and uncertainties associated with the Offer, the outcome of any litigation related to the Offer or any other offer or proposal, and the Board’s recommendation to the shareholders concerning the Offer or any other offer or proposal.
The foregoing list sets forth many, but not all, of the factors that could cause actual results to differ from the Company’s expectations in any forward-looking statement. Investors should consider this cautionary statement, as well as the risk factors identified in the Company’s periodic and current reports filed with the SEC, when evaluating the Company’s forward-looking statements.
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