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Oshkosh Corporation

From Wikipedia, the free encyclopedia

Oshkosh Corporation
Public
Traded as
ISINUS688225AG60 Edit this on Wikidata
IndustryAutomotive, Arms industry
Founded1917; 103 years ago (1917)
Founder
  • William Besserdich
  • Bernhard Mosling
HeadquartersOshkosh, Wisconsin, U.S.
Number of locations
29 (manufacturing facilities)
Area served
Worldwide
Key people
  • Craig P. Omtvedt
  • (Chairman of the Board)
  • Wilson R. Jones
  • (President & CEO)
  • David M. Sagehorn
  • (Executive VP & CFO)
  • James C. Freeders
  • (Senior VP & Controller)
Products
  • Specialty trucks
  • Access equipment
  • Military vehicles
Revenue
  • Increase US$ 7.71 billion
  • (FY SEP 30 2018)
  • Increase US$ 653.6 million
  • (FY SEP 30 2018)
  • Increase US$ 471.9 million
  • (FY SEP 30 2018)
Total assets
  • Increase US$ 5.29 billion
  • (FY SEP 30 2018)
Total equity
  • Increase US$ 2.51 billion
  • (FY SEP 30 2019)
[1]
Number of employees
16,000[2] (2017)
WebsiteOshkoshCorporation.com
Footnotes / references
[3]
Oshkosh global headquarters in Oshkosh, Wisconsin, USA
Oshkosh global headquarters in Oshkosh, Wisconsin, USA
Oshkosh Plant
Oshkosh Plant

Oshkosh Corporation, formerly Oshkosh Truck, is an American industrial company that designs and builds specialty trucks, military vehicles, truck bodies, airport fire apparatus and access equipment. The corporation also owns Pierce Manufacturing, a fire apparatus manufacturer in Appleton, Wisconsin. Based in Oshkosh, Wisconsin, the company employs approximately 16,000 people around the world.[3] It is organized in four primary business groups: access equipment, defense, fire and emergency, and commercial.

History

Founded in 1917 as the Wisconsin Duplex Auto Company, the company was created to build a severe-duty four-wheel-drive truck. After the first prototype was built, the company began to develop rapidly. This first four-wheel-drive truck, known today as "Old Betsy", is still owned by Oshkosh Corporation and housed in the new Global Headquarters building in Oshkosh. The vehicle still runs and is used frequently in demonstrations and parades.[4][5] The first mass-produced truck was the 2-ton Model A, with seven produced in 1918. The 3.5-ton Model B and 5-ton Model F followed. The Model TR, introduced in 1933, was a diversification for the company and was the first rubber tired earthmover ever built.[6]

The Model 50-50, introduced in 1955, was the first truck created specifically for the hauling of concrete. The first ARFF built by Oshkosh was a W Series truck delivered to the U.S. Coast Guard in 1953. Oshkosh has also produced aircraft tow tractors, and in 1968 the company designed and built the U-30, 45 of which were built for the U.S. Air Force to tow the Lockheed C-5 Galaxy transport aircraft.[6]

In 1976 the company won a U.S. Army contract to supply 744 M911 heavy equipment transporters,[6] the first in a long line of U.S. Army contracts that now sees Oshkosh Defense as the sole supplier of medium and heavy tactical trucks to the U.S. Army and Marines.[7]

On August 25, 2015, Oshkosh was awarded the U.S. military's Joint Light Tactical Vehicle contract. The initial JLTV award is valued at $6.75 billion for up to 16,901 vehicles. The procurement objective for JLTV stands at 54,599 vehicles (49,099 Army; 5500 Marines), the estimated program cost being $47.6 billion.[8][9][10] JLTV will partially replace the AM General Humvee.

On November 7, 2017, the Oshkosh Common Council approved a proposal to sell part of the century-old Lake Shore Golf Course along the shore of Lake Butte des Morts to Oshkosh Corp. for its new headquarters.[11] On November 22, 2017, the Oshkosh Corporation announced it would build the new headquarters on the golf course. The city plans to redevelop the rest of the golf course into a new public space.[12]

In February 2020, Oshkosh Corporation was named one of the 2020 World's Most Ethical Companies by Ethisphere.[13]

Locations

Oshkosh Corporation is headquartered in Oshkosh, Wisconsin. It has manufacturing operations in eight U.S. states and in Australia, Canada, China, France and Romania and through investments in joint ventures in Mexico and Brazil. The Access Equipment division is headquartered in McConnellsburg, Pennsylvania; the Defense division in Oshkosh, Wisconsin; the Fire & Emergency division in Appleton, Wisconsin; and the Commercial division in Dodge Center, Minnesota.

Oshkosh products and services are sold in more than 150 countries around the globe. The company also maintains a global service network.

Subsidiaries

Oshkosh Corp. manufactures, distributes and services products under the brands of Oshkosh, JLG, Pierce, McNeilus, Jerr-Dan, Oshkosh Specialty Vehicles, Frontline Communications, London Machinery Inc., and IMT.

Products

Access equipment

Products include JLG and SkyTrak brand telehandlers, wheeled and tracked boom lifts, and other lifting equipment.

Defense

Gallery

Military

Fire and emergency

Commercial

Acquisitions

Since 1989, Oshkosh has completed sixteen acquisitions and three divestitures:

  • 1989- Oshkosh RV Chassis from Deer and Co. (divested to Freightliner in 1995) [20]
  • 1996- Pierce Manufacturing, Inc.
  • 1997- Nova Quintech
  • 1998- McNeilus Companies, Inc.
  • 1999- Kewaunee Fabrications, L.L.C.[21]
  • 1999- Viking Truck & Equipment
  • 2000- Medtec Ambulance Corporation (Defunct as of July 2012[22])
  • 2001- Geesink Norba Group (divested 2009[23])
  • 2001- TEMCO[24]
  • 2004- Jerr-Dan Corporation[25]
  • 2004- BAI Corporation (divested 2009[26])
  • 2005- CON-E-CO[27]
  • 2005- London Machinery, Inc.[28]
  • 2006- AK Specialty Vehicles, now known as Oshkosh Specialty Vehicles.[29]
  • 2006- IMT (Iowa Mold Tooling)[30]
  • 2006- JLG Industries

See also

References

  1. ^ "Financials SEP 30 2018". U.S. Securities and Exchange Commission. Retrieved May 21, 2019.
  2. ^ "Oshkosh". Fortune. Retrieved December 23, 2018.
  3. ^ a b "US SEC: Form 10-K SEP 30 2017". U.S. Securities and Exchange Commission. Retrieved March 8, 2018.
  4. ^ Scott Eden, "The War Within: The Deal that Saved Oshkosh Archived March 4, 2016, at the Wayback Machine", TheStreet.com, November 19, 2009.
  5. ^ [1] Archived March 18, 2009, at the Wayback Machine
  6. ^ a b c Jungwirth, Clarence (1992). "Oshkosh Trucks 75 Years Of Speciality Truck Production". Osceola WI, U.S: Motorbooks International: 13–18 29–32. Cite journal requires |journal= (help)
  7. ^ "Oshkosh M977 heavy expanded mobility tactical truck (HEMTT) and M989A1 heavy expanded mobility ammunition trailer (HEMAT)". IHS Jane's Shaun C Connors & Christopher F Foss. June 14, 2015. Retrieved October 29, 2015.
  8. ^ Daniel Wasserbly. "Pentagon: JLTV programme costs decrease". IHS Jane's. Retrieved March 30, 2016.
  9. ^ Capaccio, Anthony (August 25, 2015). "Oshkosh Wins $30 Billion U.S. Army Contract to Build Humvee Replacement". Bloomberg.
  10. ^ a b "Oshkosh Beats Lockheed, AM General For Historic JLTV Win". Breaking Defense. Retrieved August 26, 2015.
  11. ^ Nate Beck (November 8, 2017). "Oshkosh OKs deal to sell Lakeshore golf course in effort to keep Oshkosh Corp. HQ". Oshkosh Northwestern. Retrieved November 24, 2017.
  12. ^ Nate Beck (November 22, 2017). "Oshkosh Corp. will keep its headquarters in Oshkosh, settling at Lakeshore". Northwestern Media. Retrieved November 24, 2017.
  13. ^ "Oshkosh Corporation named a World's Most Ethical Company for fifth consecutive year". finance.yahoo.com. Retrieved March 5, 2020.
  14. ^ a b c d e f g h i j k l m n o p q r s t "Products". Oshkosh Defense. September 18, 2015. Archived from the original on January 26, 2016. Retrieved December 18, 2015.
  15. ^ "Advanced Suspension Technology". Oshkosh Defense. September 18, 2015. Retrieved December 18, 2015.
  16. ^ "Oshkosh MTT General Utility Truck". Military-Today.com. Retrieved December 18, 2015.
  17. ^ "Oshkosh Specialty Vehicles". Oshkoshsv.com. Archived from the original on October 24, 2015. Retrieved December 18, 2015.
  18. ^ a b "Expeditionary Power Generation". Oshkosh Defense. September 18, 2015. Retrieved December 18, 2015.
  19. ^ "Integrated Product Support". Oshkosh Defense. September 18, 2015. Retrieved December 18, 2015.
  20. ^ "Oshkosh Truck Corporation". www.encyclopedia.com. Retrieved January 4, 2017.
  21. ^ "Kewaunee Fabrications". Kewaunee Fabrications. Retrieved December 18, 2015.
  22. ^ "Oshkosh Corporation Announces Shutdown of Medtec Ambulance - Journal of Emergency Medical Services". Jems.com. June 30, 2012. Retrieved December 18, 2015.
  23. ^ "Oshkosh Corporation to Sell Geesink Norba Group to Platinum". Bloomberg. May 4, 2009. Retrieved December 18, 2015.
  24. ^ "Asset Purchase". Abnormal Use. March 10, 2010. Retrieved December 18, 2015.
  25. ^ "History". Jerr-Dan. Retrieved December 18, 2015.
  26. ^ "Nature of Operations". Sec.gov. Retrieved December 18, 2015.
  27. ^ "Contact CON-E-CO | Concrete Equipment Company". Con-e-co.com. February 3, 2015. Retrieved December 18, 2015.
  28. ^ "Oshkosh Truck Adds London Machinery". Connection.ebscohost.com. Retrieved December 18, 2015.
  29. ^ "AK Specialty Vehicles to change name to Oshkosh Specialty Vehicles". Trailer-bodybuilders.com. November 27, 2006. Retrieved December 18, 2015.
  30. ^ "Oshkosh Truck acquires Iowa Mold Tooling". Rental Pulse.

External links

This page was last edited on 3 August 2020, at 17:08
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