Oshkosh Corporation Announces Manufacturing Expansion in China

Oshkosh Corporation (NYSE: OSK) broke ground today for a new manufacturing facility in Tianjin, China. The new facility will produce JLG® access equipment specifically for the Asian market. Today’s announcement is another step in Oshkosh Corporation’s strategic business initiatives to meet the demands of a global economy and the growth potential of the China and Asian markets in particular. Oshkosh currently manufactures in 11 countries and has additional service operations in 16 countries.

“Today’s groundbreaking is confirmation of our investment in the future, and a significant opportunity for our customers, as well as the company. This facility will be the first ever China-based manufacturing facility for Oshkosh Corporation,” said Robert G. Bohn, Oshkosh Corporation chairman and chief executive officer. “The facility we are building in Tianjin is a strategic initiative to directly service regional customers with a faster delivery turnaround for our JLG brand of aerial work platforms.”

Attendees at the ceremonial groundbreaking included Oshkosh Corporation and JLG executives and local officials: Dr. Chen Zongsheng, deputy secretary general of Tianjin Municipal Government; Feng Zhijiang, president of Tianjin Airport Industrial Park; and Gao Jixi, deputy director general of Tianjin Municipal Commission of Commerce

“This locally-produced product will give Oshkosh a distinct strategic advantage in a very aggressive, competitive Asian landscape. JLG product made at the Tianjin facility will be targeted for the China and Asian markets and be a complement to other JLG manufacturing facilities which build product for the rest of the world,” added Bohn.

As part of its on-going social out-reach program in China, Oshkosh Corporation also donated two JLG telehandlers to help local officials in the rebuilding in Wenchuan County, which was tragically impacted by the major earthquake that occurred on May 12 in Sichuan Province.

Oshkosh has been offering product and service support to China since 1982, when the company started supplying Aircraft Rescue and Fire Fighting (ARRF) vehicles. JLG opened a China sales office in 2002. In 2006, Oshkosh’s Beijing corporate office opened, and serves as the hub for Asian operations and is responsible for the sale, service, and support of Oshkosh Corporation’s products. In March of 2008, Oshkosh opened its Shanghai corporate office largely devoted to the sourcing of parts and components for the manufacturing of Oshkosh and JLG products.

A variety of Oshkosh Corporation products are in use through much of China. Nearly 100 Oshkosh® ARRF vehicles are in service at some of China’s busiest airports including: Shanghai Pudong Airport, Hangzhou Airport, Quzhou Airport, Ningbo Airport and Beijing Capital International Airport. Tow trucks, mobile communications vehicles and aerial platforms and access equipment have been sold and are in service in many areas of China. The massive COSCO shipyard, located in Dalian, China uses JLG access equipment product.

About JLG Industries, Inc.

JLG Industries, Inc. is the world’s leading designer, manufacturer and marketer of access equipment. The Company’s diverse product portfolio includes leading brands such as JLG® aerial work platforms; JLG, SkyTrak®, and Lull® telehandlers; and an array of complementary services and 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., log onto the company website: 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 Corp. manufactures, distributes and services products under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Medtec®, Jerr-Dan®, BAI®, Oshkosh Specialty Vehicles, Frontline™, SMIT™, Geesink™, Norba™, Kiggen™, 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, log on to www.oshkoshcorporation.com.

Forward-looking Statements

This press release contains statements that the Company believes are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including statements regarding the Company's future financial position, business strategy, targets, projected sales, costs, earnings, capital spending and debt levels, and plans and objectives of management for future operations, are forward-looking statements. When used in this press release, words such as “may,” “should,” "expects," "intends," "estimates," "anticipates," or "believes" and similar expressions 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 the Company's financial leverage position, especially given recent turmoil in the credit markets, and the level of associated borrowing costs; the Company’s ability to maintain compliance with financial covenants in its credit agreement; the cyclical nature of the Company's access equipment, commercial and fire & emergency markets, especially during a global economic downturn and credit crisis; the Company’s ability to offset higher steel and raw material costs through other cost decreases or product selling price increases; risks related to reductions in government expenditures and the uncertainty of government contracts; risks associated with international operations and sales, including foreign currency fluctuations; and the Company's ability to turn around its Geesink Norba Group business. Additional information concerning these and other factors is contained in the Company's filings with the Securities and Exchange Commission.