JLG Advances “Job Site of the Future” Vision Through Canvas Acquisition

JLG Advances “Job Site of the Future” Vision Through Canvas Acquisition

Investment in construction robotics accelerates shift from enabling jobs to executing jobs

McConnellsburg, PA (January 6, 2026) — JLG Industries, Inc., an Oshkosh Corporation business [NYSE:OSK] and a leading global manufacturer of mobile elevating work platforms (MEWPs) and telehandlers, announces the acquisition of the core technology developed by Canvas, a San Francisco-based construction robotics technology company known for pioneering robotic solutions for interior construction applications. Through this strategic investment in intelligent automation for the job site of the future, the acquisition will advance JLG’s strategy to support customer needs beyond enabling jobs to actively executing them with autonomous, connected equipment.

The relationship between the companies began six years ago when Canvas selected a JLG^® platform to develop its robot, and, since then, the technology has advanced to automate repetitive tasks and enable consistent, high-quality results — helping shape safe, efficient and productive job sites.

“By integrating robotic technology that delivers moments of autonomy, we’re helping crews get more work done in today’s challenging labor environment,” says Mahesh Narang, executive vice president, Oshkosh Corporation, and president of the Access segment. “This investment expands what customers will be able to accomplish with JLG equipment.”

“Robotics and automation will play an increasingly important role in the future of construction, especially as the industry looks for practical ways to deliver greater efficiencies, improve productivity and enhance consistency on job sites,” says Shashank Bhatia, Access segment chief technology officer. “This acquisition strengthens our technology roadmap and accelerates our ability to deliver solutions that create real, measurable value for customers in the field.”

Expanding What’s Possible with JLG Equipment

Canvas is best known for developing the world’s first drywall finishing robot, which combines robotic precision with the skills and expertise of trained tradespeople. The system streamlines interior finishing workflows by automating fit-and-finish tasks, reducing rework and delivering consistent quality while minimizing physical demands on workers.

Through the acquisition, Canvas technology will advance robotic end-effector capabilities and autonomy, enabling pairing with JLG access equipment to support a range of interior construction applications. These solutions are designed to assist skilled workers by handling repetitive, physically demanding tasks and allowing crews to focus on higher-value work.

Building Toward the Job Site of the Future

With this acquisition, the Canvas team will help JLG develop new robotic and autonomous solutions for customers to get more done with the equipment they rely on, increasing productivity and shaping the future of job sites.

“We welcome the Canvas team members to the company,” Bhatia says. “They bring a strong combination of technical depth, creativity and a clear understanding of job site challenges. We see tremendous opportunity to apply their expertise to the next generation of purpose-built solutions.”

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

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About JLG

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^® mobile elevating work platforms; JLG^® and SkyTrak^® telehandlers and rotary telehandlers; and an array of complementary accessories that can increase the versatility and efficiency of these products. JLG is an Oshkosh Corporation business [NYSE: OSK]. For more information about JLG Industries, Inc., visit www.jlg.com, or find us on LinkedIn, Instagram, Facebook and YouTube.

About Oshkosh Corporation

At Oshkosh (NYSE: OSK), we make innovative, purpose-built vehicles and equipment to help everyday heroes advance communities around the world. Headquartered in Wisconsin, Oshkosh Corporation employs over 18,000 team members worldwide, all united behind a common purpose: to make a difference in people’s lives. Oshkosh products can be found in more than 150 countries under the brands of JLG^®, Pierce^®, MAXIMETAL, Oshkosh^® S-Series^™, McNeilus^®, IMT^®, Jerr-Dan^®, Frontline^™ Communications, Oshkosh^® Airport Products, Oshkosh AeroTech^™, Oshkosh^® Defense 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,” “confident” 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 possibility that the parties will fail to obtain necessary regulatory approvals or to satisfy any of the other conditions to the proposed transaction; potential negative effects relating to the announcement of the proposed transaction; failure to realize the expected benefits of the transaction or expected synergies; difficulties in predicting results of operations of an acquired business; the cyclical nature of the Company’s access equipment, fire apparatus, refuse and recycling collection and air transportation equipment 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 historical customer 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; risks related to the collectability of receivables, particularly for those businesses with exposure to construction markets; risks associated with international operations and sales, including compliance with the Foreign Corrupt Practices Act; and risks related to the Company’s ability to successfully execute on its strategic road map and meet its long-term financial goals and other risks, uncertainties, assumptions and other factors impacting future results of the Company.