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Oshkosh Corporation (symbol: OSK) is a renowned manufacturer and marketer specializing in access equipment, specialty vehicles, and truck bodies serving primary markets such as defense, concrete placement, refuse hauling, access equipment, and fire & emergency services. The company's leading brands include Oshkosh, JLG, Pierce, McNeilus, IMT, Jerr-Dan, CON-E-CO, and London, each a leader in their respective industries.
Founded over a century ago, Oshkosh has built a solid reputation as a top producer of access equipment and specialty vehicles. JLG is celebrated for its diverse product portfolio, including JLG® aerial work platforms and SkyTrak® and Lull® telehandlers. The Pierce® brand positions Oshkosh as North America's foremost fire truck manufacturer. The company's defense vehicles are widely utilized, making it a global leader in this category.
Oshkosh's McNeilus® concrete mixers are the preferred choice among concrete producers, and its refuse collection bodies dominate the market. Jerr-Dan, another significant brand, is a top name in towing and recovery equipment. Additionally, CON-E-CO is a leading U.S. manufacturer of concrete batch plants, while London is Canada's preeminent concrete mixer manufacturer.
In recent years, Oshkosh has focused on innovation and sustainability, as seen in its US Postal Service contract to electrify postal vehicles. Despite losing the JLTV recompete for the U.S. Department of Defense, the company remains a pivotal player in the defense segment, accounting for 22% of its revenue. The access equipment segment contributes 52% of revenue, while the vocational segment, covering concrete mixers and refuse collection bodies, accounts for 27%.
Oshkosh's financial performance has been robust, generating $9.6 billion in revenue in 2023. The company continues to pursue strategic partnerships and projects that enhance its market position and meet evolving customer needs.
Oshkosh (NYSE: OSK) will showcase its latest electrified vehicles at the 2024 ACT Expo in Las Vegas from May 20-23. The company will feature the Next Generation Delivery Vehicle (NGDV) for the USPS and the McNeilus® Volterra™ ZSL™, North America's first fully integrated electric refuse and recycling collection vehicle. The NGDV emphasizes innovation and reliability, while the Volterra ZSL™ focuses on ergonomics and cost efficiency. Oshkosh will also display a high voltage power distribution unit developed by its Pratt Miller business unit, designed to enhance EV system safety and efficiency. Oshkosh aims to lead in electrifying commercial fleet vehicles, enhancing sustainability and performance.
Oshkosh , a leading provider of mission-critical vehicles and equipment, announced the acquisition of AUSA, a manufacturer of wheeled dumpers and forklifts. The acquisition will expand Oshkosh's product portfolio and market reach, strengthening the partnership with JLG. AUSA's high-quality products will complement JLG's offerings, enhancing the Access segment's equipment portfolio. The acquisition aligns with Oshkosh's growth strategy, with AUSA reporting sales of approximately $132 million euros in 2023. The transaction is expected to close within 90 days.
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