Last $57.30 USD
Change Today +0.79 / 1.40%
Volume 370.0K
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Company Description

Contact Info

PO Box 2566

Oshkosh, WI 54903

United States

Phone: 920-235-9151

Fax:

Oshkosh Corporation operates as a designer, manufacturer, and marketer of a range of specialty vehicles and vehicle bodies. Business Strategy The company’s primary business strategies include market recovery and growth; value innovation; and emerging market expansion. Segments The company’s segments include Access Equipment, Defense, Fire and Emergency, and Commercial. Access Equipment Segment This segment, through the company’s subsidiary, JLG Industries, Inc. (JLG), manufactures aerial work platforms and telehandlers used in various construction, agricultural, industrial, institutional, and general maintenance applications. JLG’s customers include equipment rental companies, construction contractors, manufacturing companies, home improvement centers, and the U.S. military. This segment also includes Jerr-Dan branded tow trucks (wreckers) and roll-back vehicle carriers (carriers) sold to towing companies in the U.S. and internationally. In addition, through a long-term license with Caterpillar Inc., JLG produces Caterpillar-branded telehandlers for distribution through the worldwide Caterpillar Inc. dealer network through 2025. Access equipment customers include equipment rental companies, construction contractors, manufacturing companies, home improvement centers and the U.S. military. JLG’s products are marketed in approximately 3,500 locations worldwide through independent rental companies and distributors that purchase these products and then rent or sell them and provide service support, as well as through other sales and service branches or organizations in which the company holds equity positions. JLG also arranges equipment financing and leasing solutions for its customers, primarily through third-party funding arrangements with independent financial companies, and occasionally provides credit support in connection with these financing and leasing arrangements. Financing arrangements that JLG offers or arranges through this segment include various types of rental fleet loans and leases, as well as floor plan and retail financing. The company, through its Jerr-Dan brand, is a manufacturer and marketer of towing and recovery equipment in the U.S. Jerr-Dan offers a line of both carriers and wreckers. In addition to manufacturing equipment, Jerr-Dan provides its customers with service for carriers and wreckers and generates revenue from the installation of equipment, as well as the sale of chassis and service parts. Defense Segment This segment manufactures severe-duty, heavy-, and medium-payload tactical trucks for the U.S. Department of Defense (DoD), manufacturing vehicles that perform various demanding tasks, such as hauling tanks, missile systems, ammunition, fuel, troops, and cargo for combat units and light tactical vehicles, through its mine resistant ambush protected all-terrain vehicles (M-ATVs). The company also exports tactical wheeled vehicles to approved foreign customers. The company manufactures heavy, medium, and mine resistant ambush protected tactical wheeled vehicles and related service and sustainment for the DoD and is rapidly expanding its offering of light tactical wheeled vehicles. The company's proprietary military product line of heavy-payload tactical wheeled vehicles includes the HEMTT, the heavy equipment transporter, the palletized load system, and the logistic vehicle system replacement. The company's proprietary military medium-payload tactical wheeled vehicles include the medium tactical vehicle replacement. The company's proprietary M-ATV was specifically designed with survivability, as well as extreme off-road mobility for use in conditions similar to those encountered in the conflict in Afghanistan. In 2011, the company introduced the Light Combat All-Terrain Vehicle (L-ATV) to continue to expand its light protected tactical wheeled vehicle offering. In fiscal 2013, the company completed deliveries of 750 M-ATVs to the United Arab Emirates and announced multiple orders for M-ATVs from the Kingdom of Saudi Arabia. The company markets M-ATVs to approved international customers. In 2009, the DoD awarded the company a contract to be the sole p

 

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TEV/Sales 0.4x
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