November 30, -0001
McConnellsburg, Pa., May 11, 2009 JLG Industries, Inc., an Oshkosh Corporation company [NYSE: OSK], announced today that it is adding a new model to the JLG® line of telehandlers. The new JLG G10-43A model telehandler will be marketed for use in commercial and residential construction applications including steel erection and framing. The new model includes standard outriggers, a maximum capacity of 10,000 lb. and a capacity of 7,000 lb. at the maximum reach height of 43 ft.
With the additional capacity and a full range of common JLG family attachments, the new G10-43A will provide superior performance in a wide variety of picking and placing applications,â€ said Brian Boeckman, JLG Product Parent for Telehandlers. Operators will enjoy the same spacious, enhanced-visibility cab and comfortable operator environment available on existing G-Series telehandlers.â€
In addition to the spacious cab and common attachments, these models feature pilot operated joystick controls, a wrap around dashboard and easy-to-read gauges. The machine also boasts impressive boom speeds and a tighter turning radius than larger 10,000 lb. capacity machines.
With the launch of this new model the JLG branded line-up of telehandlers will include a total of nine construction and three compact telehandlers models.
About JLG Industries, Inc.
JLG Industries, Inc. is the world™s leading designer, manufacturer and marketer of access equipment. The Company™s diverse product portfolio includes leading brands such as JLG aerial work platforms; JLG, SkyTrak and Lull telehandlers; and an array of complementary services and accessories that increase the versatility and efficiency of these products. JLG is an Oshkosh Corporation company [NYSE: OSK].
For more information about JLG Industries, Inc., log onto the company website: www.jlg.com
About Oshkosh Corporation
Oshkosh Corporation [NYSE: OSK]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 Corp. manufactures, distributes and services products under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Medtec®, Jerr-Dan®, BAI®, Oshkosh Specialty Vehicles, Frontline, SMIT, Geesink, Norba, Kiggen, 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.®, All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.
Forward-Looking StatementsThis press release contains statements that the Company believes to be forward-looking statementsâ€ 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,â€ will,â€ expect,â€ intend,â€ estimate,â€ anticipate,â€ believe,â€ should,â€ projectâ€ or planâ€ 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 consequences of financial leverage associated with the JLG acquisition; ,including the level of the Company™s borrowing costs, the increased interest rates the Company would face if it experienced a deterioration or downgrade in credit agency ratings and the Company™s ability to maintain compliance with its financial covenants under its credit agreement; the amount of the second quarter impairment charge pursuant to SFAS No. 142; the cyclical nature of the Company™s access equipment, commercial and fire & emergency markets, especially during a global recession and credit crisis; the Company™s ability to obtain cost reductions on steel and other raw materials