JLG Shares New Whitepaper on Industry Megatrends

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Jan 04, 2023

McConnellsburg, PA (January 4, 2023) – JLG Industries, Inc., an Oshkosh Corporation company [NYSE: OSK] and a leading global manufacturer of mobile elevating work platforms (MEWPs) and telehandlers, announces the release of a new whitepaper "5 New Global Megatrends Impacting the Construction Market." In this piece, JLG outlines five emerging phenomena shaping the industry in the next five years and explains how each will affect equipment manufacturers, owners and end-users.

The dynamic on today's job site has changed thanks to the unprecedented high highs and low lows the construction industry has experienced because of the pandemic. Pre-pandemic, the industry was influenced by the expansion of the global marketplace, the productivity imperative, the sharing economy, the digital future and the urban world, which has driven demand for product electrification.

Post-pandemic, the industry is faced with different circumstances, including:

  • Shifts in Growth and Trade
  • Stronger Societal Deal
  • Accelerating Disruption
  • Digitally Powered Customer
  • New Ways of Working

In this whitepaper, JLG offers a closer look at each of these five new megatrends and explores the opportunities and challenges they create. The paper also highlights some of the changes that businesses may need to be on the lookout for on job sites in the future, as well as provides insights into the ways JLG will remain at the forefront of the industry's transformation, pushing the boundaries of possibility and redefining what's possible.

The whitepaper is now available for download on JLG® #DirectAccess. To get a free copy of JLG's "5 New Global Megatrends Impacting the Construction Market," click here.

For more information on JLG® products and services, visit JLG.com.

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About JLG® Industries, Inc.
JLG® Industries, Inc. is a world-leading designer, manufacturer, and marketer of access equipment. The Company's diverse product portfolio includes leading brands such as JLG® aerial work platforms; JLG and SkyTrak® telehandlers and rotary telehandlers; and an array of complementary 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., visit www.jlg.com, or find us on X, Facebook, LinkedIn, Instagram and YouTube.

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®, Hinowa, Pierce®, MAXIMETAL, Oshkosh® Defense, McNeilus®, IMT®, Jerr-Dan®, Frontline™ Communications, Oshkosh® Airport Products and Pratt Miller. For more information, visit oshkoshcorp.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, and could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include the overall impact of the COVID-19 pandemic on the Company's business, results of operations and financial condition; the duration and severity of the COVID-19 pandemic; actions that may be taken by governmental authorities and others to address or otherwise mitigate the impact of the COVID-19 pandemic; the negative impacts of the COVID-19 pandemic on global economies and the Company's customers, suppliers and employees; and 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.