
However, Szews also carries baggage from the JLG purchase, as he executed Oshkosh's strategy ..... diversification through acquisitions and served as JLG 's interim president until 2007. Nevertheless ..... trucks) and aerial work platforms under the JLG brand. The firm serves customers in the
past several years. The segments face only a handful of competitors, and these outside companies (Manitowoc MTW in cranes and JLG , a division of Oshkosh OSK, in aerial work platforms) look to have suffered and rebounded in the past several years in a similar
aerial work platform business operates with far fewer assets than JLG due to successful lean-manufacturing implementation. As such ..... is one of only two major players (along with Oshkosh's OSK JLG unit) in the aerial work platform business. This segment has
synergies are harder to quantify. The 2006 JLG acquisition doubled Oshkosh's annual direct ..... discount, in our view. Also, the Oshkosh- JLG purchase synergies didn't materialize as projected. JLG 's end markets collapsed nearly 70% during
results. Revenue increased 10% compared with the year-ago period, as stronger sales in its access equipment segment (mostly JLG ) and commercial business offset declines in fire and emergency (down 19%) and defense (down 6%). However, operating
(Reuters) - Carl Icahn's proxy battle with Oshkosh Corp management heated up as he called on the company to explore alternatives for its JLG aerial lift business and focus on debt reduction and its...
2.1 billion, as FMTV business and better access equipment demand offset lower M-ATV related business. Specifically, JLG --Oshkosh's access equipment segment--experienced a 26% increase in revenue versus last year, and growth should continue
surprised if the first batch of trucks produces break-even profit margins. Looking ahead, Oshkosh is once again waiting for JLG to provide growth. Already, management noted that order flow from external customers doubled compared to the same period last
ambulances and related medical vehicles, snow removal vehicles, garbage trucks, and cement mixers. A recent acquisition, JLG (more on this later) makes " access equipment ," things like cherry pickers and telehandlers. Many of these are low volume
company is unable to win any reengineering proposals from the government that could boost margins. Therefore, we think Oshkosh is now waiting for the massive growth from its JLG acquisition to materialize to drive improving results going forward.