Leading positions in niche market sectors; and Satisfactory customer and industry diversity. An acquisitive strategy; Exposure to the cyclical construction and commercial refuse markets; and A highly leveraged financial risk profile. The ratings on Wisconsin-based Oshkosh Corp. reflect the company's aggressive financial profile, which more than offsets its leading business positions in key segments of the specialty vehicle market, and good product and end-market diversity. Oshkosh is a leading designer, manufacturer, and marketer of a broad range of specialty commercial, fire and emergency, and military vehicles. The company maintains leadership positions in heavy-duty rescue vehicles, severe-duty tactical trucks, custom and commercial pumpers, severe-duty plow and snow removal vehicles, concrete mixers, refuse truck bodies, and tow trucks. It is also the
