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Windy City Is a Lot Cleaner Thanks to 20 New CNG-Powered Garbage Trucks

Release Date: 9/15/2009

DODGE CENTER, Minn. (September 15, 2009) – McNeilus Companies, Inc., an Oshkosh Corporation (NYSE: OSK) company and leading provider of compressed natural gas (CNG) powered refuse trucks in North America, is preparing to deliver 20 CNG front loaders to Groot Industries, a first for the Midwest.

Groot Industries, a long-time McNeilus® customer, will be the first large commercial hauler to field CNG-powered vehicles in Chicago, and director of Fleet and Facilities, Brian Curry, said he’s excited about the move.

“The idea of moving to alterative fuels really appealed to us. The natural gas engines meet 2010 emission standards without complex exhaust after treatment, deliver similar fuel economy, and offer quiet operation. The price of diesel is getting to the point that it’s almost impossible to forecast,” said Curry, adding, “natural gas is abundant and domestically produced.”

The 20 McNeilus residential front loaders, mounted on Mack® LEU chassis, are slated for delivery in October. Residential front loaders are popular with many fleets and come equipped with a fork-mounted carry can that allows the vehicle to perform residential waste collection, similar to a rear loader or side loader. The driver can quickly disconnect the carry can, use the forks to pick up the commercial containers, and reattach the residential can and continue with the route.

Groot Industries is also building a new fueling station to accommodate the CNG-powered front loaders. “We are building a time-fill station that will fuel the vehicles overnight and will also accommodate future expansion as the CNG fleet grows,” said Curry.

McNeilus has already fielded several hundred CNG-powered refuse trucks in Washington, California, New York, and New Jersey, as well as developed the country’s first CNG-powered concrete truck.

“McNeilus is very proactively promoting CNG-powered refuse trucks, and with the Groot introduction of CNG to Chicago, it’s even better,” said Mike Wuest , Oshkosh Corporation executive vice president and Commercial Group president. “Now we have a major metropolitan area close to home that we can showcase to other customers interested in making the transition.”

McNeilus’ CNG products are part of its larger Ngen™ Initiatives, which promotes alternative fuels, fuel-saving innovations, and composite products. McNeilus is proud to feature Allison® transmissions and Cummins® ISL-G engines as part of the Ngen CNG vehicle offering.

About McNeilus: McNeilus Companies, Inc., an Oshkosh Corporation (NYSE: OSK) company, is a leading manufacturer of refuse truck bodies, concrete mixers and batch plants. 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®, BAI®, 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, go to http://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 consequences of financial leverage associated with the JLG acquisition, including the level of the Company’s borrowing costs, the increased interest rates the Company would face if it experienced a deterioration or downgrade in credit agency ratings and the Company’s ability to maintain compliance with its financial covenants under its credit agreement; the cyclical nature of the Company’s access equipment, commercial and fire & emergency markets, especially during a global recession and credit crisis; the duration of the global recession, which could lead to additional impairment charges related to many of the Company’s intangible assets; risks related to the required increase in the rate of production for the M-ATV and FMTV contracts, and the amount, if any, of additional orders for M-ATVs and/or FMTVs that the Company may receive; 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 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 in a future economic recovery; risks associated with international operations and sales, including foreign currency fluctuations; risks related to the collectability of receivables during a recession, particularly for those businesses with exposure to construction markets; 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 duty, to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

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