JLG parent sets date for contested election

News Story
- 15 Dec 2011 ( #544 ) - Oshkosh, WI, United States
1 min read
JLG parent firm Oshkosh Corp has set the timing for its annual meeting and effort to repel the campaign of activist shareholder Carl C Icahn (Forkliftaction.com News #541).

In a 12 December security filing, the corporation says the meeting will take place on Friday, 27 January, at 8 am local time in the EAA Aviation Center in Oshkosh.

Holders of record of Oshkosh common stock as of 6 December are entitled to vote. On that date, 91,427,637 shares were eligible.

Affiliates with the New York-based Icahn Group are seeking to elect candidates for six of the 13 available positions on the Oshkosh board of directors. The corporation has nominated a full slate of 13 and, with its MOVE strategy (Market recovery and growth, Optimising cost and capital structure, Value innovation and Emerging market expansion), is aggressively resisting the Icahn effort.

Oshkosh's access equipment segment, including the JLG and Jerr-Dan brands, accounted for 27.1% of the corporation's sales of USD7.58 billion for the fiscal year ended 30 September (Forkliftaction.com News #538).
KION may sell its stock soon
KION may sell its stock soon 2 May 2013 - Wiesbaden, Germany - 1 min read
Nuova Detas forklifts parts still available
Nuova Detas forklifts parts still available 7 Mar 2013 - Waregem, Belgium - 1 min read
CNH Global accepts sweetened offer from Fiat Industrial 29 Nov 2012 - Burr Ridge, IL, United States - 1 min read
Previously about:
Oshkosh faces Icahn pressure News Story - 10 Nov 2011 - New York, NY, United States - 2 min read
JLG releases electric telehandler, expands range News Story - 19 Jun 2025 - McConnellsburg, PA, United States - 1 min read
OshKosh completes Ausa acquisition News Story - 12 Sep 2024 - OshKosh, WI, United States - 1 min read
Oshkosh to acquire Spain’s Ausa News Story - 16 May 2024 - Oshkosh, WI, United States - 1 min read
Do you have materials handling news? Submit your news here
Inside The News
While innovation and new technology are evolving at what seems to be an ever-increasing pace, the need to capture the data (telemetry) from this tech, and the ability to utilise it (telematics) for efficiency and cost savings, is one area attracting more and more attention ... Continue reading

Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities.
Heavy duty reach stackers – lifting capacity from 85 to 180 tons.
VIEW ALL OUR CUSTOM-BUILT HEAVY DUTY REACH STACKERS

Contact us now: +45 99 83 83 83 - www.nc-nielsen.com

Words of support …

At Linde Material Handling, we appreciate Forkliftaction for its competent and informative reporting and its global perspective. Forkliftaction is one of the few industry media with a transnational readership.

Heike Oder, Head of Trade Press

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities.
Heavy duty reach stackers – lifting capacity from 85 to 180 tons.
VIEW ALL OUR CUSTOM-BUILT HEAVY DUTY REACH STACKERS

Contact us now: +45 99 83 83 83 - www.nc-nielsen.com

PREMIUM business

Combilift Ltd
Manufactures world class 4-way Handling Solutions

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities.
Heavy duty reach stackers – lifting capacity from 85 to 180 tons.
VIEW ALL OUR CUSTOM-BUILT HEAVY DUTY REACH STACKERS

Contact us now: +45 99 83 83 83 - www.nc-nielsen.com