IMT

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IMT Develops Dominator Propane Body

October 06, 2009

Propane Body
Propane Body
GARNER, Iowa (Oct. 6, 2009) – Iowa Mold Tooling Co. Inc. (IMT), an Oshkosh Corporation company (NYSE:OSK), has developed the Dominator® propane body in an integrated package with the IMT 2820 or 3820 telescopic cranes, the leading propane cranes on the market.

The Dominator propane body is production-ready and is a completely integrated package designed, tested and manufactured specifically for the propane industry. Hydraulic out-and-down outriggers are easier to deploy for better unit stability during crane operation, and the lightweight body construction, which maintains all the structural benefits of steel, allows for increased payload capacity.

“IMT is pleased to offer these products to our valued customers in the propane industry. At IMT, we take pride in providing reliable, durable equipment that helps maximize profitability for our customers,” said Steve Fairbanks, IMT president. “Our telescopic cranes have been the gold standard in the propane industry for many years, and Dominator mechanics trucks long ago set the benchmark for field service. We are excited to introduce our Dominator propane body to the propane market.”

The first production units have been purchased through IMT distributor Custom Truck & Equipment (CTE) in Kansas City, Mo. CTE — the country’s largest boom truck installer and a supplier to some of the biggest propane companies in the country — was also instrumental in helping IMT develop the Dominator propane body.

Some features of the Dominator propane body include:
  • Optimized tools and parts access.
  • Torsion box understructure that reduces body weight and allows for more payload.
  • Three-point door latches that require less force to open and close the door.
  • Mechanical door stops on all doors.
  • Rain eaves over compartment doors. 
  • Shelf bracket system that easily allows repositioning for more storage space.
  • A 22” deep by 44” tall side pack designed for maximum storage. The side packs and crane can be mounted either on the street side or curb side of the truck.
  • Step bumper with a receiver tube for hitch insert.

The electrical system on the Dominator propane body includes an electrical control panel in the crane compartment that includes compartment and exterior light switches as well as an hour meter for the crane. The automotive-type wiring harness is manufactured specifically for the Dominator propane body and uses only sealed, hinge lock connectors. Options for the Dominator propane body include drawers and drawer sets, manual or hydraulic outriggers, a workbench bumper, vise and vise plates, individual compartment lights, and work lights. Cranes from 10,000 ft-lbs to 38,000 ft-lbs are also available.

The Dominator propane package is ideal for handling up to 1,000-gallon propane tanks. The unit also features removable aluminum tailgate and side panels and has a rear-mounted block storage compartment. The Dominator propane body’s integrated E-Track System and headache rack allows the operator adjustable securing of various sizes of vertical propane tanks.

About IMT: Iowa Mold Tooling Co., Inc., an Oshkosh Corporation [NYSE: OSK] company, began in 1961 as a business providing new tread designs for recapping tires. The company has grown to become the leading manufacturer and supplier of service vehicles, cranes, hydraulic loaders and air compressors for tire, mining, construction, material handling and utility markets around the world.

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 Corporation 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®. The Oshkosh brands 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 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 outcome of the formal protests of the FMTV award to the Company: 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 collectibility 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.