November 30, -0001
GARNER, Iowa Iowa Mold Tooling Co. Inc. (IMT), an Oshkosh Corporation company (NYSE:OSK), introduces the new DSC12 mechanics truck, a compact, fuel-efficient addition to the Dominator® family of mechanics trucks. Built on a Dodge or Freightliner Sprinter chassis, the DSC12 is the perfect option for customers looking to get maximum fuel economy out of a vehicle that can easily maneuver in tight, urban environments.
The new IMT DSC12 fills a niche for customers who don™t require a full-sized mechanics truck and who are interested in significant fuel savings,â€ said Steve Fairbanks, IMT president. Customers who are trying to save on fuel will welcome the addition of the DSC12 to the IMT lineup. The DSC12 is another example of IMT™s commitment to innovation and customer profitability.â€
At only 2,150 pounds, the DSC12 unit is the most compact of all the trucks in the Dominator series. The DSC12 body can be mounted on a Dodge or Freightliner Sprinter chassis and burns about half as much fuel as a full-sized mechanics body mounted on a traditional Class 4 chassis. This increased fuel economy means the smaller truck also produces fewer emissions, making the DSC12 more environmentally friendly.
The DSC12 is equipped with an IMT 3203i electric telescopic crane, which has 3,200 pounds of maximum lift capacity and a maximum 15 feet of horizontal reach. This new body incorporates all the key features of the Dominator lineup that give the operator more comfort and mobility around the vehicle and make the truck easier to use. Some of these features include:
Iowa Mold Tooling Co., Inc., an Oshkosh Corporation [NYSE: OSK] company, began in 1961 as a business providing new tread designs for recapping tires. The company has grown to become the leading manufacturer and supplier of service vehicles, cranes, hydraulic loaders and air compressors for tire, mining, construction, material handling and utility markets around the world.
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 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. All brand names referred to above are trademarks of Oshkosh Corporation or its subsidiary companies. For more information, log on to http://www.oskkoshcorporation.com.
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, especially given turmoil in the credit markets, the level of the Company™s borrowing costs and the Company™s ability to successfully amend its credit agreement to provide financial covenant relief; 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 following sharp cost increases in 2008, obtain other cost decreases or achieve product selling price increases; the duration of the global recession and its adverse impact on the Company™s share price, which could lead to impairment charges related to many of the Company™s intangible assets; the expected level and timing of U.S. Department of Defense procurement of products and services and funding thereof; risks related to reductions in government expenditures and the uncertainty of government contracts; risks associated with international operations and sales, including foreign currency fluctuations; the Company™s ability to turn around its Geesink business; risks related to the collectibility of receivables during a recession, especially access equipment receivables; and the potential for increased costs relating to compliance with changes in laws and regulations. Additional information concerning these and other factors is contained in the Company™s filings with the Securities and Exchange Commission.