JLG Industries Names Donald F. Roy to Lead Global Manufacturing OperationsThursday, January 29, 2009
McCONNELLSBURG, PA — JLG Industries, Inc., an Oshkosh Corporation company [NYSE: OSK], announced today that Donald F. Roy has been appointed to the role of senior vice president - Manufacturing. In this role, Roy will be responsible for leading JLG operations and lean initiatives, as well as, developing and executing JLG’s global manufacturing strategy.
“Don brings a wealth of experience in global manufacturing best practices, six sigma, lean, supply chain, materials management and production planning,” said Craig Paylor, Oshkosh Corporation executive vice president and president of JLG Industries. “Don will ensure that our operations continue to provide a strategic business advantage by generating world-class customer satisfaction with exceptional product quality, optimizing facility utilization, and driving both lean and continuous improvement initiatives throughout our operations.”
Roy will report directly to Mr. Paylor, Most recently, Roy served as vice president of operations for the Trane Residential Air Conditioning Division, a $2 billion division of Ingersoll Rand, where Roy was instrumental in aligning the organizational structure with its overall strategy. Prior to joining Trane, Roy spent 27 years with General Electric, where he developed significant expertise in manufacturing, supply chain, facility optimization and project management, and directed international assignments in Norway, Canada and startup operations in China.
Roy holds a Bachelor of Science degree in mechanical engineering from the University of New Hampshire. He has also completed formal training in the areas of executive management, materials management, lean six sigma, manufacturing engineering and shop operations.
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.
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 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.