Oshkosh Corporation

Oshkosh Corporation
Public
Traded as NYSE: OSK
Industry Automotive
Founded 1917 (1917)
Founder William Besserdich, Bernhard Mosling
Headquarters Oshkosh, Wisconsin, United States
Number of locations
 31
Area served
 Worldwide
Key people
 Wilson Jones(CEO) )[1]
Products Specialty trucks, access equipment, military vehicles
Revenue DecreaseUS$ 6.81 billion(FY 2014)[2]
DecreaseUS$ 503.3 million (FY 2014)[2]
DecreaseUS$ 309.3 million (FY 2014)[2]
Total assets DecreaseUS$ 4.59 billion (FY 2014)[2]
Total equity DecreaseUS$ 1.99 billion (FY 2014)[2]
Number of employees
 12,000[2]
Website www.oshkoshcorporation.com
Oshkosh global headquarters in Oshkosh, Wisconsin, USA
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 Mfg., one of North America's most popular fire apparatus manufacturers. Based in Oshkosh, Wisconsin, the company employs 12,000 people around the world.[2][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 one of its assembly plants 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 about 17,000 vehicles. The current procurement objective for JLTV stands at 53,582 vehicles, costing an estimated $53.5 billion.[8][9] JLTV will partially replace the AM General Humvee.

Locations

Oshkosh Corporation is headquartered in Oshkosh, Wisconsin. It has manufacturing operations in eight U.S. states and in Australia, Belgium, 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 130 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, CON-E-CO, London Machinery Inc., and IMT.

Products

Access equipment

Defense

Fire and emergency

Commercial

Acquisitions

Since 1996, Oshkosh has completed fifteen acquisitions and two divestitures:

See also

References

  1. ↑ "Oshkosh Corporation Announces Retirement of CEO Charles Szews; President Wilson Jones Named as Successor". Oshkosh. 2015-09-17. Retrieved 2015-09-22.
  2. 1 2 3 4 5 6 7 "Oshkosh Corporation (OSK)". Oshkosh Corporation.
  3. ↑ Company Profile
  4. ↑ Scott Eden, "The War Within: The Deal that Saved Oshkosh", TheStreet.com, November 19, 2009.
  5. ↑ Archived March 18, 2009, at the Wayback Machine.
  6. 1 2 3 Jungwirth, Clarence (1992). "Oshkosh Trucks 75 Years Of Speciality Truck Production". Osceola WI, U.S: Motorbooks International: 13–18 29–32.
  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. 2015-06-14. Retrieved 2015-10-29.
  8. ↑ Capaccio, Anthony (August 25, 2015). "Oshkosh Wins $30 Billion U.S. Army Contract to Build Humvee Replacement". Bloomberg.
  9. 1 2 "Oshkosh Beats Lockheed, AM General For Historic JLTV Win". Breaking Defense. Retrieved August 26, 2015.
  10. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 "Products". Oshkosh Defense. 2015-09-18. Retrieved 2015-12-18.
  11. ↑ "Advanced Suspension Technology". Oshkosh Defense. 2015-09-18. Retrieved 2015-12-18.
  12. ↑ "Oshkosh MTT General Utility Truck". Military-Today.com. Retrieved 2015-12-18.
  13. ↑ "Oshkosh Specialty Vehicles". Oshkoshsv.com. Retrieved 2015-12-18.
  14. 1 2 "Expeditionary Power Generation". Oshkosh Defense. 2015-09-18. Retrieved 2015-12-18.
  15. ↑ "Integrated Product Support". Oshkosh Defense. 2015-09-18. Retrieved 2015-12-18.
  16. ↑ "Kewaunee Fabrications". Kewaunee Fabrications. Retrieved 2015-12-18.
  17. ↑ "Oshkosh Corporation Announces Shutdown of Medtec Ambulance - Journal of Emergency Medical Services". Jems.com. 2012-06-30. Retrieved 2015-12-18.
  18. ↑ "Oshkosh Corporation to Sell Geesink Norba Group to Platinum". Bloomberg. 2009-05-04. Retrieved 2015-12-18.
  19. ↑ "Asset Purchase". Abnormal Use. 2010-03-10. Retrieved 2015-12-18.
  20. ↑ "History". Jerr-Dan. Retrieved 2015-12-18.
  21. ↑ "Nature of Operations". Sec.gov. Retrieved 2015-12-18.
  22. ↑ "Contact CON-E-CO | Concrete Equipment Company". Con-e-co.com. 2015-02-03. Retrieved 2015-12-18.
  23. ↑ "Oshkosh Truck Adds London Machinery". Connection.ebscohost.com. Retrieved 2015-12-18.
  24. ↑ "AK Specialty Vehicles to change name to Oshkosh Specialty Vehicles". Trailer-bodybuilders.com. 2006-11-27. Retrieved 2015-12-18.
  25. ↑ Oshkosh Truck acquires Iowa Mold Tooling
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