Pierce Manufacturing Inc., an Oshkosh Corporation (NYSE:OSK)
company, announced today that it has completed the purchase of an
ownership interest in Boise Mobile Equipment (BME). This investment
will facilitate greater collaboration between Pierce and BME within
the wildland fire market. Furthermore, Pierce will support BME as
the business moves from a factory-direct model to an independent
dealer distribution model, with a focus on the West Coast, which
will provide new and existing BME customers with comprehensive
service, parts inventory, and support.
“This is an important day for both Pierce and BME customers,”
said Jim Johnson, Oshkosh Corporation executive vice president and
president, Fire & Emergency. “We understand that fire and
rescue departments face special challenges related to wildland
environments. With this investment, Pierce will work with BME to
provide the best possible wildland offerings to meet these unique
challenges. And of equal importance is our ability to create an
unmatched network of highly trained dealer organizations who are
prepared to provide best-in-class service and support for the
wildland customers.”
BME has served fire and emergency professionals for over thirty
years and is considered a premier fire apparatus manufacturer with
wildland products including the Model 34, Tactical Tender, and Type
6 Xtreme. BME’s quality fabrication and service align closely with
Pierce’s manufacturing and aftermarket standards, featuring
individualized design options, exceptional craftsmanship, and
rugged durability.
“Boise Mobile Equipment opened its doors in 1990 and has been
manufacturing and serving firefighters since then,” said Chad
Moffat, president of Boise Mobile Equipment. “We believe the fire
service will benefit from the high-quality wildland products that
Pierce and BME will be working together to market and develop. We
look forward to leveraging Pierce’s expertise as we transition from
a direct sales model to a dealer distribution model.”
BME wildland products are renowned for equipping firefighters
with a high-quality apparatus providing durability, serviceability,
and longevity. Pierce Manufacturing and its parent company, Oshkosh
Corporation, complement BME’s reputation with a rich history of
innovation and advanced mobility solutions, ideal for addressing
the harsh wildland environments.
“For those departments who respond to wildland situations, the
BME product line is well-known for its versatility in the most
challenging environments,” added Johnson. “Moreover, Boise Mobile
Equipment is a highly reputable and proven brand. When combined
with our experience in developing a market-leading dealer support
network and unmatched innovation track record, fire departments and
those they protect will be the biggest beneficiaries of this new
relationship.”
To learn more about Pierce Manufacturing and the company’s
ownership interest in BME, visit www.piercemfg.com.
About Pierce Manufacturing
Pierce Manufacturing Inc., an Oshkosh Corporation [NYSE: OSK]
company, is the leading North American manufacturer of custom fire
apparatus. Products include custom and commercial pumpers, aerials,
rescue trucks, wildland trucks, mini pumpers, elliptical tankers,
and homeland security apparatus. In addition, Pierce designs its
own foam systems and was the first company to introduce frontal
airbags and the Side Roll Protection system to fire apparatus. To
learn more about Pierce, visit www.piercemfg.com.
About Oshkosh Corporation
At Oshkosh (NYSE: OSK), we make innovative, mission-critical
equipment to help everyday heroes advance communities around the
world. Headquartered in Wisconsin, Oshkosh Corporation employs more
than 14,000 team members worldwide, all united behind a common
cause: to make a difference in people’s lives. Oshkosh products can
be found in more than 150 countries under the brands of JLG®,
Pierce®, Oshkosh® Defense, McNeilus®, IMT®, Jerr-Dan®, Frontline™,
Oshkosh® Airport Products, London™ and Pratt Miller. For more
information, visit oshkoshcorp.com.
®, ™ All brand names referred to in this news release are
trademarks of Oshkosh Corporation or its subsidiary companies.
Forward Looking Statements
This news 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 news 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 overall impact of the COVID-19 pandemic on the
Company’s business, results of operations and financial condition;
the duration and severity of the COVID-19 pandemic; actions that
may be taken by governmental authorities and others to address or
otherwise mitigate the impact of the COVID-19 pandemic; the
negative impacts of the COVID-19 pandemic on global economies and
the Company’s customers, suppliers and employees; and the cyclical
nature of the Company’s Access Equipment, Commercial and Fire &
Emergency markets, which are particularly impacted by the strength
of U.S. and European economies and construction seasons.
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Andrea Meyers
Pierce Manufacturing
414-530-0704
andrea@streamcreative.com
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