IMT Enhances Hydraulic Loader Lineup with New, Higher Capacity Crane

October 23, 2018

Iowa Mold Tooling Co., Inc. (IMT), an Oshkosh Corporation company (NYSE:OSK), is pleased to introduce its 42684 hydraulic loader. Launched at the 2018 Gypsum Management Supply (GMS) Expo in Charlotte, North Carolina, the 42684 is the newest addition to IMT’s portfolio of durably designed loader cranes.

“Our newest hydraulic loader crane offers customers another option for precise handling and expert maneuverability of palletized materials in the building supply construction industries,” said John Field, product manager at IMT. “IMT designs our loaders to lift more, reach farther and last longer.”

The 42684 features the highest rating in the IMT® lineup at 305,580 foot-pounds. It has a maximum lift capacity of 10,500 lb. (4763 kilograms), up to 84 feet of horizontal reach and a maximum vertical reach of 95 feet.

A hydraulic out-and-down stabilizer span provides customers with excellent stability for loading and unloading palletized goods, while a high lift-to-weight ratio allows for maximum payload on the truck.

“At IMT, we’re committed to helping our customers achieve improved productivity, profitability and efficiency with our products. The new 42684 provides the strength, reach and precision to quickly and easily load and unload materials,” said Field. “The 42684 offers the longest and highest lift capacity of any IMT loader crane currently in the market.”

IMT hydraulic loaders are manufactured with an Environmentally-Friendly Quality Coating (EQC) Surface Treatment that provides maximum resistance to impact and corrosion for improved lifetime productivity. The 42684 comes optional with an Electronic Vehicle Stability (EVS) system to increase the working area of the crane by calculating improved stability conditions, and is backed by a 3-year warranty on all IMT crane structural parts.

Additional features of the new IMT 42684 loader include:

The complete lineup of IMT hydraulic loaders also includes the 16000 and 28562 models.

For more information on IMT visit www.imt.com. IMT is on Facebook at http://www.facebook.com/iowamoldtooling, Instagram at www.instagram.com/iowamoldtooling, Twitter at http://www.twitter.com/iowamoldtooling and YouTube at http://www.youtube.com/iowamoldtooling.

 

 

About IMT

Iowa Mold Tooling Co., Inc., an Oshkosh Corporation [NYSE: OSK] company, began in 1961 as a business providing new tread designs for recapping tires. The company has grown to become the leading manufacturer and supplier of service vehicles, cranes, hydraulic loaders and air compressors for tire, mining, construction, material handling and utility markets around the world. For more information, visit www.imt.com.

About Oshkosh Corporation

Founded in 1917, Oshkosh Corporation is more than 100 years strong and continues to make a difference in people’s lives. Oshkosh brings together a unique set of integrated capabilities and diverse end markets that, when combined with the Company’s MOVE strategy and positive long-term outlook, illustrate why Oshkosh is a different integrated global industrial.  The Company is a leader in designing, manufacturing and servicing a broad range of access equipment, commercial, fire & emergency, military and specialty vehicles and vehicle bodies under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Jerr-Dan®, Frontline™, CON-E-CO®, London® and IMT®.

 

Today, Oshkosh Corporation is a Fortune 500 Company with fiscal 2016 sales of $6.28 billion. Powered by 13,800 dedicated team members, Oshkosh has manufacturing operations on four continents, and its products, recognized around the world for quality, durability and innovation, can be found in more than 150 countries around the globe.  As a different integrated global industrial, Oshkosh is committed to making a difference for team members, customers, shareholders, communities and the environment. For more information, please visit 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 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 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; the Company’s estimates of access equipment demand which, among other factors, is influenced by customer historical buying patterns and rental company fleet replacement strategies; the strength of the U.S. dollar and its impact on Company exports, translation of foreign sales and purchased materials; the expected level and timing of U.S. Department of Defense (DoD) and international defense customer procurement of products and services and acceptance of and funding or payments for such products and services; higher material costs resulting from production variability due to uncertainty of timing of funding or payments from international defense customers; risks related to reductions in government expenditures in light of U.S. defense budget pressures, sequestration and an uncertain DoD tactical wheeled vehicle strategy; the impact of any DoD solicitation for competition for future contracts to produce military vehicles, including a future Family of Medium Tactical Vehicle production contract; the Company’s ability to increase prices to raise margins or offset higher input costs; increasing commodity and other raw material costs, particularly in a sustained economic recovery; risks related to facilities expansion, consolidation and alignment, including the amounts of related costs and charges and that anticipated cost savings may not be achieved; global economic uncertainty, 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 Company or equity market expectations; projected adoption rates of work at height machinery in emerging markets; the impact of severe weather or natural disasters that may affect the Company, its suppliers or its customers; risks related to the collectability of receivables, particularly for those businesses with exposure to construction markets; the cost of any warranty campaigns related to the Company’s products; risks related to production or shipment delays arising from quality or production issues, including any delays as a result of a recent accident at the Company’s Dodge Center manufacturing facility; risks associated with international operations and sales, including compliance with the Foreign Corrupt Practices Act; the Company’s ability to comply with complex laws and regulations applicable to U.S. government contractors; cybersecurity risks and costs of defending against, mitigating and responding to a data security breach; and risks related to the Company’s ability to successfully execute on its strategic road map and meet its long-term financial goals. Additional information concerning these and other factors is contained in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements speak only as of the date of this news release. The Company assumes no obligation, and disclaims any obligation, to update information contained in this news release. Investors should be aware that the Company may not update such information until the Company’s next quarterly earnings conference call, if at all.