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Jerr-Dan Introduces 5-Ton Diamond Plate Panel Deck

JERR-DAN INTRODUCES 5-TON DIAMOND PLATE PANEL DECK (March 11, 2009) - GREENCASTLE, Pa. (March 16, 2009) – Jerr-Dan Corporation, an Oshkosh Corporation [NYSE: OSK] company and a leading manufacturer of towing and recovery equipment, today introduced a new 5-Ton Diamond Plate panel deck.  The new panel deck will make its industry debut at the Florida Independent Tow show in Tampa, Fla., March 26 - 29. The 5-Ton panel deck is engineered to deliver a cost-effective combination of strength and durability – all in a lighter weight carrier.
Available in 19-, 20- and 21-foot lengths and 96- or 102-inch widths, the 5-Ton Diamond Plate panel deck features 50 ksi corrosion resistant decking and crossmember combination panels on 8-inch centers for maximum strength. In addition, the unique design and low deck height offers improved load distribution and more legal payload than comparable models. 
“This new 5-Ton panel deck fits nicely into Jerr-Dan’s full line, designed to offer towing professionals more choices to meet the needs of their operations,” said Mike Walter, Jerr-Dan Corporation president. “It’s the ideal combination of a lightweight, yet strong and durable deck that all adds up to a greater return on investment.”
Standard features include Jerr-Dan’s exclusive No-Lube™ technology with greaseless major pivot points and composite slide pads for reduced maintenance costs. Other standard features include chain storage pockets, adjustable tilt stabilizer bumpers and eight key slots for easier tie-downs. An optional Zero-Degree Wheel Lift design provides the best clearance to load and tow even the lowest profile cars.
“We’ve packed a tremendous number of features into the new, lightweight 5-Ton Diamond Plate panel deck,” said Walter. “The bottom line is that dollar for dollar it delivers extraordinary long-term value.”
Photo caption: The new Jerr-Dan 5-Ton Diamond Plate panel deck delivers a cost-effective combination of strength and durability.
About Jerr-Dan
Jerr-Dan Corp., an Oshkosh Corporation [NYSE: OSK] company, is a leading manufacturer of towing and recovery equipment. Its full line includes light-, medium- and heavy-duty carriers and wreckers, industrial transporters and four-car carriers. The company is headquartered in Greencastle, Penn., and its products are backed by industry-leading warranties and a strong service network dedicated to the towing professional.
Visit www.jerr-dan.com to learn more.
 
About Oshkosh Corporation
Oshkosh Corporation [NYSE: OSK] is the leading North American manufacturer of a broad range of snow removal vehicles, fire and emergency vehicles, specialty access equipment, commercial vehicles, and military vehicles and vehicle bodies. Oshkosh's products are valued worldwide by municipal and airport support services, fire and emergency units, concrete placement companies, rental companies, defense forces, and refuse businesses where high quality, superior performance, rugged reliability and long-term value are paramount. Visit www.oshkoshcorporation.com for more information.
^®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.
Forward-looking Statements
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 consequences of financial leverage associated with the JLG acquisition, especially given turmoil in the credit markets and the level of the Company’s borrowing costs; 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 collectability 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.

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