Home » News » Jim Hasty to Retire from IMT, Amy Brownlee to Assume Role of Vice President and General Manager
Jim Hasty to Retire from IMT, Amy Brownlee to Assume Role of Vice President and General Manager
March 30, 2022GARNER, Iowa (March 29, 2022) – Iowa
Mold Tooling Co., Inc. (IMT),
an Oshkosh Corporation company (NYSE:OSK), announced today the company’s Vice
President and General Manager Jim Hasty is retiring effective April 1, 2022.
IMT is pleased to share that Amy Brownlee, IMT Senior Director of Finance, will
assume the role of Vice President and General Manager upon Hasty’s retirement.
Brownlee joined IMT in 2006 and has spent the last
15 years serving the company in various roles. Her expertise in financial
management, manufacturing operations, long tenure at the company and commitment
to recruiting and retaining the brightest talent leaves Brownlee uniquely
equipped to lead IMT into its next chapter.
“I’d like to join everyone at IMT in thanking Jim
for his many years of service and for all we’ve accomplished under his
leadership,” said Brownlee. “I am thrilled at the opportunity to work with such
incredible people and am excited to serve our team members and community in
this new role.”
Brownlee received her B.A. in accounting from
Central College and is a long-term resident of the area. She serves on the
Hancock Economic Development Board and, in partnership with IMT, is a strong
proponent of expanding awareness of careers in the trades within local Iowa
high schools and community colleges. Brownlee says the prioritization of
education and training in the welding field and other skilled trades is
positioning IMT as an employer of choice in north Iowa.
“I believe
we have the absolute best team in the industry, we make the best product and we
have the most pride,” said Brownlee. “We wouldn’t be as successful as we are
without the loyalty, dedication and skillsets the team brings to work every
day.”
Founded in 1961, IMT is a 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 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 a 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
At Oshkosh (NYSE: OSK), we
make innovative, mission-critical equipment to help everyday heroes advance
communities around the world. Headquartered in Wisconsin, Oshkosh Corporation
employs approximately 15,000 team members worldwide, all united behind a common
cause: to make a difference in people’s lives. Oshkosh products can be found in
more than 150 countries under the brands of JLG®, Pierce®, Oshkosh® Defense,
McNeilus®, IMT®, Jerr-Dan®, Frontline™, Oshkosh® Airport Products, London™ and
Pratt Miller. For more information, visit oshkoshcorp.com.
Today,
Oshkosh Corporation is a Fortune 500 Company with manufacturing operations on
four continents. Its products are recognized around the world for quality, durability
and innovation and can be found in more than 150 countries. 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 ability to increase prices or impose
surcharges to raise margins or to offset higher input costs, including
increased commodity, raw material, labor and freights costs; 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 the cost of 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; the Company’s ability to predict the
level and timing of orders for indefinite delivery/indefinite quantity
contracts with the U.S. federal government; 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; 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; 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 associated with
international operations and sales, including compliance with the Foreign
Corrupt Practices Act; risks that an escalating trade war and related tariffs
could reduce the competitiveness of the Company’s products; 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 data security threats and breaches; the Company’s
ability to successfully identify, complete and integrate acquisitions and to
realize the anticipated benefits associated with the same; 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, including the Form 8-K. 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.