Corporate Profile for Oshkosh Truck Corporation, dated 6/18/99.--(BUSINESS WIRE)-- The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: 6/18/99
Company Name: Oshkosh Truck Corporation
Address: PO Box 2566
2307 Oregon Street
Oshkosh, WI 54903-2566
Main Telephone
Number: 920/235-9150
Chief Executive
Officer: Robert G. Bohn
Chief Financial
Officer: Charles L. Szews
Investor Relations
Contact: Charles L. Szews
Business number: 920/235-9151 ext.2332
Fax: 920/233-9624
Public Relations
Contact: Kirsten Skyba
Business number: 920/233-9151 ext.2621
Fax: 920/233-9314
Industry: Specialized trucks, truck bodies and transport
equipment.
Trading Symbol/
Exchange: OTRKB/NASDAQ
Company description: Oshkosh Truck Oshkosh Truck NYSE: OSK, is a manufacturer of specialty trucks and truck bodies for defense, industrial and fire emergency applications. It is based in Oshkosh, Wisconsin and employs about 7,000 people worldwide in five countries. Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on - OTRKB) is a leading manufacturer of specialty trucks and truck bodies. Products are marketed under the Oshkosh, Pierce and McNeilus brand names to three primary markets -- commercial (construction and refuse), fire and emergency, and defense. Founded in 1917, Oshkosh Truck was among the early pioneers of four-wheel-drive technology. Pro forma As a matter of form or for the sake of form. Used to describe accounting, financial, and other statements or conclusions based upon assumed or anticipated facts. The phrase pro forma fiscal 1998 sales were $1.04 billion. Commercial markets account for approximately 47 percent of sales. Fire and emergency comprises 29 percent, and defense brings in about 24 percent of sales. About 80 percent of sales are generated by products holding the number one market share position; the remainder hold the number two position. Oshkosh Truck has built a reputation for reliable, innovative designs that can perform in the most severe environments. Oshkosh is considered the premier supplier of heavy tactical trucks to the Defense Department and has recently expanded into the medium tactical truck segment with the award of the Medium Tactical Truck Replacement Contract for the U.S. Marines. This multi-year contract has a potential value of $1.2 billion. Historically, Oshkosh Truck's sales were generated primarily in the defense market. In recent years, new management has made two major acquisitions to diversify diversify To acquire a variety of assets that do not tend to change in value at the same time. To diversify a securities portfolio is to purchase different types of securities in different companies in unrelated industries. the revenue base and create new growth platforms This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. . In 1996, the company purchased Pierce Manufacturing Pierce Manufacturing is an Appleton, Wisconsin based manufacturer of custom fire and rescue apparatus and a wholly owned subsidiary of Oshkosh Truck Corporation. Pierce was acquired by Oshkosh in 1996. , the leading U.S. manufacturer of custom fire apparatus. Subsequently, Oshkosh acquired McNeilus Companies in February 1998. McNeilus is the leading manufacturer of rear-discharge concrete mixers in the U.S. and a major manufacturer of refuse packer packer /pack·er/ (pak´er) an instrument for introducing a dressing into a cavity or a wound. pack·er n. 1. An instrument for tamponing. 2. See plugger. bodies as well. Headquartered in Oshkosh, Wis adv. 1. Certainly; really; indeed. v. t. 1. To think; to suppose; to imagine; - used chiefly in the first person sing. present tense, I wis. See the Note under Ywis. ., the company operates world-class manufacturing facilities throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The company employs more than 3,600 people worldwide. Domestic distribution is dedicated by market segment, both direct and through sales representative networks. International distribution covers more than 50 countries. All products are backed by 24-hour-a-day, 7-day-a-week service and parts support. |
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