OSHKOSH, WIS. (September 13, 2011) – Oshkosh Airport Products Group, a division of Oshkosh Corporation (NYSE: OSK), today unveiled its newest innovation, the high performance H-Series™ Extreme Runway System (XRS), at the Summer Winter Integrated Field Technologies (SWIFT) Conference in Montreal, Quebec. An addition to its industry leading line of airport snow removal products, the H-Series XRS multi-tasking equipment (MTE) features a 20-foot wide front-mount blower attachment that simultaneously plows, collects and blows a wide swath of snow to its final destination, all in one pass.
“The innovative H-Series XRS is an exciting and revolutionary multi-tasking product to meet the needs of today’s airports to move snow, more quickly and efficiently,” said Jeff Resch, Oshkosh Corporation Airport Products vice president and general manager. “With its patented process to move and handle snow, we are able improve performance while simplifying the entire airfield snow removal operation.”
Under development for more than 15 months, Oshkosh Airport Products joined with Team Eagle Ltd. to engineer and create a prototype plow and blower combination that was initially tested over the winter of 2010/11. The unit is built on an Oshkosh H-Series vehicle featuring a 500 hp drive engine while the front mounted plow and blower combination is driven by a dedicated 700 hp auxiliary engine. In addition, the vehicle is capable of integrating a tow behind sweeper and air blower for even greater performance and versatility.
Oshkosh has developed a pro forma computation tool that allows an airport to input its own snow plan scenarios (snow depth, snow density, operating speed, etc.) and compare the impact of using the H-Series XRS in place of its current fleet and/or other available options. Airport executives can contact their Oshkosh dealer or representative for a personalized presentation.
“A conga line of H-Series XRS machines is an elegant and efficient use of horsepower and resources,” said Steve McKeown, Team Eagle Ltd. president. “When used in tough storm scenarios together with a tow behind sweeper unit, the XRS requires three instead of four engines to plow, blow and sweep – and half the operators. That translates to a very strong return on investment.”
The H-Series XRS will be appearing at a number of testing and demonstration events throughout the winter of 2011/12. Visit www.oshkoshairport.com for details and to see video of the product in action.
Photo caption: The Oshkosh H-Series Extreme Runway System (XRS) multi-tasking equipment (MTE) by Oshkosh Airport Products.
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 is on duty at some of the largest airports in the world, including Anchorage International, Chicago O’Hare International, Las Vegas International, Dallas-Fort Worth International, Dubai World Central, Beijing Capital International and Phoenix International. 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®, 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.
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 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 cyclical nature of the Company’s access equipment, commercial and fire & emergency markets, especially during periods of global economic weakness, tight credit markets and lower municipal spending; 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 impact on revenues and margins of the decrease in M-ATV production rates; the potential for the U.S. government to competitively bid the Company’s Army and Marine Corps contracts; risks related to work stoppages and other labor matters, especially in light of the pending contract expiration for union employees at the Company’s Oshkosh defense facilities; 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 disruptions or cost overruns in the Company’s global enterprise resource planning system implementation; 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.
# # #