Oshkosh Lifting Itself to New Heights
Oshkosh is a leading designer and manufacturer of niche small and medium-sized machines and other vocational vehicles that aid its customers in conducting various forms of work across construction sites, factories, airports, and municipalities. The company holds leading market shares in most of its categories, thanks to a strong portfolio of brands and highly engineered products. Historically, its market-leading JLG aerial work platform business (the “Access” segment) has been the strongest performer, though also the most cyclical given its end market exposures (largely construction and other job sites). The Vocational and recently rebranded Transport segments are focused more on municipal and government customers and have historically had more resilient demand.