JLG Upgrades Scissor Lift Models To Reduce Weight, Improve Usability And Durability
McConnellsburg, Pa. — January 22, 2015 — Using feedback from its customers, JLG Industries, Inc., an Oshkosh Corporation company [NYSE:OSK] and a global leading manufacturer of aerial work platforms and telescopic material handlers, has modified its ES and RT scissor lift lines. The changes will improve durability and repairability, and reduce weight for certain models.
The platforms and deck extension surfaces for all ES model scissors have been upgraded to diamond plate steel to enhance strength, durability and repairability. A simple-to-use locking foot lever has replaced the rail-mounted locking handles for deploying the extension.
Two models, the 2030ES and 2630ES scissors, have been widened from 30 inches to 32 inches. Accordingly, the model names have been changed to 2032ES and 2632ES. The wider footprint allowed JLG engineers to reduce weight without compromising stability. The result is lighter machines with better weight displacement.
JLG’s entire RT scissor line will now feature steel hoods. Steel adds strength and durability, and is easy to repair if damaged.
“The weight reduction idea is a unique one that came out of a number of Voice-of-Customer studies that showed that customers are very much in-tune with the fine balance between price, features and lifecycle costs, and how these factors drive the value of the equipment they choose for their fleets,” said Paul Kreutzwiser, JLG Industries category director – global scissors/verticals. “Customer feedback is an important tool that helps us find innovative ways to mitigate annual price increases while delivering scissor lifts that are high quality and competitive in the marketplace.”
The improvements apply to these lines in all markets worldwide.
For additional information about JLG scissor lifts, visit www.jlg.com/en/scissor-upgrades-14.
About JLG Industries, Inc.
JLG Industries, Inc. is a world-leading designer, manufacturer and marketer of access equipment. The Company’s diverse product portfolio includes leading brands such as JLG® aerial work platforms; JLG and SkyTrak® telehandlers; and an array of complementary accessories that increase the versatility and efficiency of these products. JLG is an Oshkosh Corporation company [NYSE: OSK]. For more information about JLG Industries, Inc., visit www.jlg.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 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 in businesses where high quality, superior performance, rugged reliability and long-term value are paramount. For more information, please visit www.oshkoshcorporation.com.
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 pace of U.S. and European economic recoveries; the strength of emerging market growth and projected adoption rate 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; 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 consolidation and alignment, including the amounts of related costs and charges and that anticipated cost savings may not be achieved; the duration of the ongoing 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; the impact of cyber security risk 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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