News Items

Jerr-Dan Unveils Premium Shark 6-Ton Steel Carrier

JERR-DAN UNVEILS PREMIUM SHARK 6-TON STEEL CARRIER (April 21, 2009) - GREENCASTLE, Pa. (April 20, 2009) – Jerr-Dan Corporation, an Oshkosh Corporation [NYSE: OSK] company and leading manufacturer of towing and recovery equipment, today unveiled its new Premium Shark[jd1]  6-ton steel carrier. The new carrier features an exclusive 6 x 6 crossmember system that delivers equal or greater strength than other 8-inch crossmember spacing decks without the extra weight. The Premium Shark 6-ton steel carrier made its industry debut at the Florida Independent Tow show in Tampa, Fla., March 26 - 29.
“The new Premium Shark 6-ton steel carrier is a significant step up in performance with twenty percent more capacity, and larger hydraulic cylinders and increased function speed,” said Wilson Jones, Oshkosh Corporation executive vice president and interim president of Jerr-Dan Corporation.  “With more standard features and enhanced performance, we expect this vehicle to boost productivity.”
Available in 19-, 20- and 21-foot lengths and a 102-inch nominal width, the Premium Shark 6-ton carrier deck features 2-piece, polished aluminum raised rails over new roll-formed rubrails as standard equipment. The roll formed rubrails deliver double the structural strength of typical 5 x 3 structural angle rails.  In addition, an exclusive rubrail weld design eliminates more than 90 percent of direct welds for a cleaner appearance.
The lower profile, heavy-duty, dual angle approach allows for maximum clearance to load and tow even the lowest profile cars. The full length 50 ksi 10 gauge embossed diamond steel decking is standard. Moreover, the high-speed 8,000 lb worm gear winch features a remote free spool for added safety. The optional Prizm LED light bar offers 100 percent brighter output for enhanced visibility.
“The Premium Shark 6-ton is a beautiful and rugged carrier with a long list of standard features,” added Jones. “It’s a tremendous expression of smart design and rugged performance.”
Photo caption: The new Jerr-Dan Premium Shark 6-ton carrier offers a long list of standard features.
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.

Back To Index