| McNeilus to Showcase ZR Series Full-eject Automated Side Loader at WasteExpo |
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| Release Date: 5/4/2010 |
DODGE CENTER, Minn. (May 4, 2010) — McNeilus Truck and Manufacturing Inc., an Oshkosh Corporation company (NYSE:OSK) and leading manufacturer of refuse truck bodies and concrete mixers, will feature the new McNeilus® ZR Series™ full-eject automated side loader in Booth #4347 at WasteExpo, May 4 – 6 in Atlanta.
The ZR arm has a true zero-radius motion, eliminating arm kick-out, which can be a problem in alleys or tight urban streets. The simple arm reduces total cost of ownership by lowering maintenance costs and increasing efficiency and driver productivity. When combined with McNeilus’ new load-sensing hydraulics, owners can save up to 15 percent on fuel costs as well.
“We’re proud to showcase this solution to challenging collection routes at WasteExpo,” said Mike Wuest, Oshkosh Corporation executive vice president and Commercial Group president. “The ZR arm’s straightforward and simple design maximizes productivity and ease of maintenance for our customers.”
The field-proven zero-radius arm — which is a result of a partnership formed between McNeilus and Pendpac® — and the featured 28-yard full-eject body, are both operator- and maintenance-friendly. The driver will immediately appreciate the lack of body sway as the arm’s motion prevents the jarring apparent in other designs, while maintenance specialists will welcome the simplicity of the arm’s construction. In fact, the arm is built so it will not require any significant maintenance throughout the lifecycle of the arm. A new control system also makes troubleshooting very straightforward. The ZR Series is available in five popular body sizes: 24, 26, 27, 28 or 31 cubic yards.
Other advantages of the ZR Series automated side loader arm include:
- Full-eject body increases driver safety and simplifies operations while at the transfer station or landfill.
- True zero-radius arm prevents trash from spilling out of the can and facilitates navigation through tight environments. Fast cycle time of approximately 6 seconds, ground to ground, increases productivity.
- Pack cycle time of 10 seconds saves time and prevents the operator from having to stop and clear the hopper during dense route collection.
- Arm operates continuously at idle speed as the truck moves down the street and does not require the engine to power up to high rpm, which reduces excess noise and saves fuel.
- ZR arm is side-mounted, not mounted to the front of the body. With a tight cab-to-body clearance, the weight distribution of the unit is improved compared to other designs.
- Load-sensing hydraulics save up to 15 percent on fuel as hydraulic pumps and motors work only when they need to.
- Proportional controls provide improved component life and smooth operation. The rocking of the body, so common in other designs, is nearly eliminated.
Along with the ZR Series full-eject automated side loader, McNeilus will also display its updated Pacific Series® front loader, Atlantic Series® front loader and heavy duty rear loader at WasteExpo.
About McNeilus: McNeilus Companies, Inc., an Oshkosh Corporation [NYSE: OSK] company, is a leading manufacturer of refuse truck bodies and concrete mixers. For more information on the company, go to www.mcneiluscompanies.com.
About Oshkosh Corporation: Oshkosh Corporation is a leading designer, manufacturer and marketer of a broad range of specialty access equipment, commercial, fire & emergency and military vehicles and vehicle bodies. Oshkosh Corp. manufactures, distributes and services products under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Medtec®, Jerr-Dan®, Oshkosh Specialty Vehicles, Frontline™, SMIT™, CON-E-CO®, London® and IMT®. Oshkosh products are valued worldwide in businesses where high quality, superior performance, rugged reliability and long-term value are paramount. For more information, log on to 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 impact on revenues and margins of the planned decrease in M-ATV production rates; the cyclical nature of the Company’s access equipment, commercial and fire & emergency markets, especially during a global recession and tight credit markets; the duration of the global recession, 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 equity market expectations; 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, the potential for the government to competitively bid the Company’s Army and Marine Corps contracts, the startup of the Family of Medium Tactical Vehicles contract and the uncertainty of government contracts generally; the consequences of financial leverage associated with the JLG acquisition, which could limit the Company’s ability to pursue various opportunities; risks related to the collectability of receivables during a recession, particularly for those businesses with exposure to construction markets; risks related to production delays as a result of the economy’s impact on the Company’s suppliers; the potential for commodity costs to rise sharply, including in a future economic recovery; risks associated with international operations and sales, including foreign currency fluctuations; 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. 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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