IMT Introduces Kahn Truck Equipment as New Distributor in Eastern Missouri, Southern Illinois

Posted - April 13, 2015

IMT Introduces Kahn Truck Equipment as New Distributor in Eastern Missouri, Southern Illinois

Kahn Truck Equipment offers IMT sales, service out of new St. Louis facilityIMT_Kahn Truck Equipment_New Distributor

GARNER, Iowa (March 31, 2015) ??? Iowa Mold Tooling Co. Inc. (IMT), an Oshkosh Corporation company (NYSE:OSK), announces the addition of Kahn Truck Equipment Company to its
distributor network. Located in St. Louis, Missouri, Kahn Truck Equipment serves IMT customers in eastern Missouri and southern Illinois. The custom mechanics and service truck provider offers more than 20 years of experience in the truck industry.

Kahn Truck Equipment, founded in 1940, specializes in custom mechanics and service trucks for a multitude of markets, including construction, mining, railroad and heavy equipment dealers. The company now carries an extensive lineup of IMT products including IMT?? Dominator?? mechanics trucks, telescopic cranes, IMT Site Star?? lube trucks and lube skids, air compressors and articulating cranes. Kahn Truck Equipment also provides IMT parts and service, with mobile field service available.

???We’re excited to welcome Kahn Truck Equipment to our distributor network,??? IMT Director of Sales Tim Gerbus said. ???Kahn Truck Equipment’s focus on service vehicles, vast experience and commitment to customer success make the company an ideal partner for IMT. Working with Kahn Truck Equipment, our customers in the region will find the right equipment for their business and receive first-rate service after the sale.???

Kahn Truck Equipment is an affiliate of CSTK Inc., a diversified distributor of transportation, construction and communications equipment and related services. In April 2015, Kahn Truck Equipment will relocate into CSTK’s new $12 million St. Louis facility. The 16-acre, 56,000-square-foot facility is conveniently located on Carrie Avenue off of North Broadway at Interstate 70.

???We’re proud to partner with IMT as we begin this exciting new era,??? said Michael Kahn, chief executive officer of Kahn Truck Equipment and CSTK. ???We strive to provide our customers with the best equipment for their operations, and IMT products are known for their quality throughout the industries we serve. IMT also shares our dedication to excellent customer service and product support. It’s a perfect fit.???

For more information on Kahn Truck Equipment Company, visit www.kahntec.com or call 877-CAL-KAHN. To learn more about IMT, visit www.imt.com or call 800-247-5958. IMT is on Facebook at www.facebook.com/iowamoldtooling and YouTube at 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

Oshkosh Corporation is a leading designer, manufacturer and marketer of a broad range of  access equipment, commercial, fire & emergency, military and specialty vehicles and vehicle bodies. Oshkosh Corporation manufactures, distributes and services products under the brands of Oshkosh??, JLG??, Pierce??, McNeilus??, Jerr-Dan??, Frontline???, CON-E-CO??, London?? and IMT??. Oshkosh products are valued worldwide by rental companies, concrete placement and refuse businesses, fire & emergency departments, municipal and airport services and defense forces, where high quality, superior performance, rugged reliability and long-term value are paramount.  For more information, visit www.oshkoshcorporation.com

??, ??? All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.

About CSTK

CSTK is a diversified transportation solutions provider serving transportation companies, fleets, owner operators, and other vehicle/heavy equipment users with innovative products, parts and services. CSTK’s product lineup includes transport temperature control units, auxiliary power units, HVAC units, service bodies, snow plows, aerodynamic solutions, fleet management solutions, trailer/cargo door products, vehicle graphics, and replacement parts.  CSTK products are manufactured by world and industry leading suppliers including Thermo King Corporation, Great Dane Trailers, Aurora Trailers, Red Dot, Espar, Blue Tree Systems, Strehl TrailerBlade, Meyer, Blizzard, Hiniker and Snow Dogg.  CSTK also offers extensive repair and maintenance services.

CSTK, with corporate offices in Overland Park, Kansas, operates 12 locations throughout the Midwest and the East Coast. Its sister company, Velociti, offers global installation and deployment of technology. Learn more at www.cstk.com.

About Kahn Truck Equipment

Kahn Truck Equipment Company (KahnTEC) is a premier custom truck body company in St. Louis, Missouri specializing in customized vehicle body design. Founded in 1940, KahnTEC offers a full line of truck build options to outfit vehicles for construction, mining, railroad, or other industries across the United States and Canada. Kahn Truck Equipment Company upgrades trucks with powerful components such as welders, compressors, cranes, onboard power, rail equipment, lube skids, and more. The KahnTEC exclusive Roughneck Mechanics truck body and Wildcat Service body has a reputation for being a dependable, sturdy, high-performance body for a variety of specializations. Kahn Truck Equipment is an affiliate of CSTK Inc., a diversified distributor of transportation, construction and communications equipment and related services. Learn more at www.kahntec.com.

Forward-Looking Statements

This press 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 press 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; the strength of emerging market growth and projected adoption rates of work at height machinery; the expected level and timing of DoD and international defense customer procurement of products and services and funding thereof; risks related to reductions in government expenditures in light of U.S. defense budget pressures, sequestration and an uncertain DoD tactical wheeled vehicle strategy, including the Company’s ability to successfully manage the cost reductions required as a result of lower customer orders in the defense segment; the Company’s ability to win a U.S. Joint Light Tactical Vehicle production contract award and international defense contract awards; 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; 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; risks associated with international operations and sales, including foreign currency fluctuations and compliance with the Foreign Corrupt Practices Act; the Company’s ability to comply with complex laws and regulations applicable to U.S. government contractors; the impact of severe weather or natural disasters that may affect the Company, its suppliers or its customers; cyber security 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 press release. The Company assumes no obligation, and disclaims any obligation, to update information contained in this press 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.