McNeilus Truck and Manufacturing

Richmond Says ‘Yes’ to CNG-Powered Refuse Trucks

SHARE
Dec. 7, 2010

DODGE CENTER, Minn. – McNeilus Companies, Inc., an Oshkosh Corporation (NYSE: OSK) company, is excited to announce that it is supplying the City of Richmond, Va., with its first 25 compressed natural gas (CNG)-powered refuse vehicles.

“We will realize a $1 million savings in fuel costs, maintenance and personnel through the use of these new McNeilus CNG-powered refuse vehicles,” said Letitia Shelton, Richmond interim public works director. “McNeilus will further assist the city by providing a complete maintenance program for these vehicles.”

As a member of the U.S. Department of Energy’s Clean Cities program — a government-industry partnership formed to reduce petroleum consumption in the transportation sector — Richmond saw an opportunity to make a difference through the use of alternative-fuel-powered vehicles.

“We took this opportunity to analyze our overall fleet and how we ran our routes and realized we could shift from low-compaction trucks to a smaller number of higher-compaction trucks,” Shelton said. “This will reduce the refuse truck fleet from 38 to 25 and our routes from 109 to 88. We will also realize a savings in fuel and personnel costs.”

Shelton said that employee morale has increased considerably with the anticipation of the new trucks, which are scheduled to begin arriving in January 2011.

To further streamline Richmond’s move to CNG, the city is installing its own CNG fueling station, which will refuel not only refuse vehicles but public transit buses.  

“We are thrilled that Richmond is taking advantage of a domestically produced fuel source to power its new McNeilus CNG fleet,” said Frank Nerenhausen, Oshkosh Corporationexecutive vice president and president of the Commercial Group and McNeilus. “McNeilus continues to make it very easy for customers throughout the country to migrate to CNG-powered vehicles through our integrated manufacturing process.”

Hundreds of McNeilus CNG refuse vehicles are currently on routes throughout the country, with large concentrations along both coasts. McNeilus’ CNG products are part of the company’s larger Ngen™ Initiatives, which promote alternative fuels, fuel-saving innovations and composite products. McNeilus is proud to feature Allison transmissions and Cummins ISL-G engines as part of the Ngen CNG vehicle offering. 

About McNeilus: McNeilus Companies, Inc., an Oshkosh Corporation [NYSE: OSK] company, is a leading manufacturer of refuse truck bodies and concrete mixers. For more information on the company, go to www.mcneiluscompanies.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®, Oshkosh Specialty Vehicles, Frontline™, SMIT™, 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, go to www.oshkoshcorporation.com.

®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.

Forward-Looking Statements
 
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 presentation, 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 impact on revenues and margins of the projected decrease in M-ATV production rates; the cost of any warranty campaigns related to the Company’s products; the Company’s ability to start production under the FMTV contract at targeted margins; the cyclical nature of the Company’s access equipment, commercial and fire & emergency markets, especially during periods of global economic weakness and tight credit markets; the duration of the ongoing global economic weakness, 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 equity market expectations; the expected level and timing of U.S. DoD procurement of products and services and funding thereof; risks related to reductions in government expenditures in light of U.S. defense budget pressures and an uncertain DoD tactical wheeled vehicle strategy; the potential for the U.S. government to competitively bid the Company’s Army and Marine Corps contracts; the consequences of financial leverage associated with the JLG acquisition, which could limit the Company’s ability to pursue various opportunities; risks related to the collectability of receivables, particularly for those businesses with exposure to construction markets; risks related to production delays as a result of the economy’s impact on the Company’s suppliers; the potential for commodity costs to rise sharply, particularly in a future economic recovery; risks related to costs and charges as a result of facilities consolidation and alignment; risks associated with international operations and sales, including foreign currency fluctuations and compliance with the Foreign Corrupt Practices Act; risks related to disruptions in the Company’s distribution networks; and the potential for increased costs relating to compliance with changes in laws and regulations. Additional information concerning these and other factors is contained in the Company’s filings with the Securities and Exchange Commission. The Company disclaims any obligation to update such forward-looking statements. 

Most popular related searches