PRESS RELEASE

Pierce Places 100TH Fire Apparatus with Fairfax County Fire and Rescue in Virginia into Active Service


APPLETON, Wis. (March, 2015) – Pierce Manufacturing Inc., an Oshkosh Corporation (NYSE:OSK) company, placed in service its 100th active front line fire and emergency apparatus with the Fairfax County Fire and Rescue department in Fairfax County, Virginia.  The milestone was reached with the delivery of a Pierce® Velocity™ pumper vehicle.

“Fairfax County is a premier innovative Class 1 ISO rated all-hazards department that we’re proud to say has now taken delivery of over 100 Pierce apparatus,” said Jim Johnson, Oshkosh Corporation executive vice president and president, Fire & Emergency. “Tremendously gratifying, it’s also a great responsibility to be selected as the apparatus of choice for Fairfax County Fire and Rescue. It speaks volumes for Pierce and the team at Atlantic Emergency Solutions.”

“Our firefighters and paramedics value safety and reliability as our highest priorities when it comes to front-line apparatus,” said Glenn Mason, Fairfax County Fire and Rescue captain, apparatus. “Ease of operation and second-to-none maintenance support of our apparatus are equally important.”

The newest Pierce Velocity pumper for Fairfax County Fire and Rescue is equipped with a Pierce-exclusive Detroit Diesel DD13 500 hp engine, TAK-4® independent front suspension, side roll and frontal impact protection, and seating for six firefighters. The firefighting system includes a 750-gallon water tank, a 1500 GPM single stage pump, and a Husky® 3 single agent foam system with a 40-gallon foam cell.

The Fairfax County Fire and Rescue Department is a combination all-hazards department consisting of a world renowned domestic and international USAR Response Team, i.e., VTF1 and USA1.  Career and volunteers provide fire suppression, technical rescue, swift water rescue, hazardous materials, and emergency medical services, including basic and advanced life support and emergency medical transportation for over one million residents. The department is comprised of nearly 1,400 uniformed men and women operating from 38 fire and rescue stations. Fire suppression personnel and paramedics work in tandem to ensure the highest level of safety and care possible for the residents of Fairfax County.

Pierce dealer, Atlantic Emergency Solutions, with headquarters in Manassas, Virginia, and 10 service centers throughout its territory, provides local service and support. For more information, visit www.atlanticemergency.com.


Photo Caption: Pierce Manufacturing placed its 100th fire and emergency apparatus into active service with the Fairfax County Fire & Rescue department in Fairfax County, Virginia.  The milestone was reached with the delivery of this Pierce® Velocity™ pumper vehicle.

About Pierce Manufacturing
Pierce Manufacturing Inc., an Oshkosh Corporation [NYSE: OSK] company, is the leading North American manufacturer of custom fire apparatus. Products include custom and commercial pumpers, aerials, rescue trucks, wildland trucks, minipumpers, elliptical tankers, and homeland security apparatus. In addition, Pierce designs its own foam systems and was the first company to introduce frontal airbags and the Side Roll Protection system to fire apparatus. To learn more about Pierce, visit www.piercemfg.com.

About Oshkosh Corporation
Oshkosh Corporation is a leading designer, manufacturer and marketer of a broad range of access equipment, commercial, fire & emergency, military and specialty vehicles and vehicle bodies. Oshkosh Corporation manufactures, distributes and services products under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Jerr-Dan®, Frontline™, CON-E-CO®, London® and IMT®. Oshkosh products are valued worldwide by rental companies, concrete placement and refuse businesses, fire & emergency departments, municipal and airport services and defense forces, where high quality, superior performance, rugged reliability and long-term value are paramount.  For more information, visit www.oshkoshcorporation.com

®, ™ 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 cyclical nature of the Company’s access equipment, commercial and fire & emergency markets, which are particularly impacted by the strength of U.S. and European economies; the strength of emerging market growth and projected adoption rates of work at height machinery; the expected level and timing of DoD and international defense customer procurement of products and services and funding thereof; risks related to reductions in government expenditures in light of U.S. defense budget pressures, sequestration and an uncertain DoD tactical wheeled vehicle strategy, including the Company’s ability to successfully manage the cost reductions required as a result of lower customer orders in the defense segment; the Company’s ability to win a U.S. Joint Light Tactical Vehicle production contract award and international defense contract awards; the Company’s ability to increase prices to raise margins or offset higher input costs; increasing commodity and other raw material costs, particularly in a sustained economic recovery; risks related to facilities expansion, consolidation and alignment, including the amounts of related costs and charges and that anticipated cost savings may not be achieved; global economic uncertainty, which could lead to additional impairment charges related to many of the Company’s intangible assets and/or a slower recovery in the Company’s cyclical businesses than Company or equity market expectations; risks related to the collectability of receivables, particularly for those businesses with exposure to construction markets; the cost of any warranty campaigns related to the Company’s products; risks related to production or shipment delays arising from quality or production issues; risks associated with international operations and sales, including foreign currency fluctuations and compliance with the Foreign Corrupt Practices Act; the Company’s ability to comply with complex laws and regulations applicable to U.S. government contractors; the impact of severe weather or natural disasters that may affect the Company, its suppliers or its customers; cyber security risks and costs of defending against, mitigating and responding to a data security breach; and risks related to the Company’s ability to successfully execute on its strategic road map and meet its long-term financial goals. Additional information concerning these and other factors is contained in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements speak only as of the date of this press release. The Company assumes no obligation, and disclaims any obligation, to update information contained in this press release. Investors should be aware that the Company may not update such information until the Company’s next quarterly earnings conference call, if at all.

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