Bronto Skylift Enters Into Exclusive Supply and Distribution Agreements With Pierce Manufacturing Inc.
OAK BROOK, Ill., March 15, 2011 /PRNewswire/ — Federal Signal Corporation (NYSE: FSS), a leader in environmental, safety and transportation solutions, announced today that its Bronto Skylift Oy Ab (“Bronto”) subsidiary has entered into exclusive supply and distribution agreements with Pierce Manufacturing Inc. (“Pierce”), a wholly-owned subsidiary of Oshkosh Corporation (NYSE: OSK). Under the terms of the agreements, Bronto will become Pierce’s sole source of articulated aerial platform booms for firefighting applications in the North American market, and those devices will be distributed exclusively through Pierce’s network of independent dealers.
“We are pleased to establish this important relationship with the leading North American manufacturer of custom fire apparatus,” said Dennis J. Martin, Federal Signal’s President and Chief Executive Officer. “Bronto’s articulated hydraulic platforms are recognized around the world as best in class. When coupled with the build quality and innovation that Pierce is renowned for, we believe that North American fire departments will now have an opportunity to obtain the most capable high-access firefighting vehicles ever made.”
“This new relationship with Pierce marks an important milestone in the growth of Bronto in North America,” said Esa Peltola, Bronto’s Managing Director. “We feel that each company will benefit from the other’s reputation for high quality and innovation. But fire departments and those they protect, first and foremost, will be the biggest beneficiaries.”
Bronto parts and service for firefighting applications will also be made available exclusively through Pierce’s independent dealer network. New Bronto lift devices for wind power and electric transmission line maintenance and other commercial applications, as well as related parts and service, are unaffected by the new agreements with Pierce. These will continue to be made available through Bronto’s existing distribution channels.
Bronto Skylift Oy Ab is headquartered in Tampere, Finland, and is the global market leader in truck mounted hydraulic platforms. The company designs, manufactures, sells and services platforms meant for rescue and firefighting applications as well as for maintenance of wind turbines and live transmission lines. Bronto Skylift rescue and firefighting aerials range from 23 meters up to 112 meters working height.
About Federal Signal
Federal Signal Corporation (NYSE: FSS) enhances the safety, security and well-being of communities and workplaces around the world. Founded in 1901, Federal Signal is a leading global designer and manufacturer of products and total solutions that serve municipal, governmental, industrial and institutional customers. Headquartered in Oak Brook, Ill., with manufacturing facilities worldwide, the company operates four groups: Safety and Security Systems, Environmental Solutions, Federal Signal Technologies, and Fire Rescue. For more information on Federal Signal, visit: http://www.federalsignal.com.
SOURCE Federal Signal Corporation