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Oshkosh Defense to build Postal vehicles in South Carolina

In this Aug. 18, 2020, file photo, mail delivery vehicles are parked outside a post office in Boys Town, Neb. Oshkosh Defense says, Tuesday, June 22, 2021, it will make new delivery vehicles for the U.S. Postal Service in Spartanburg, S.C., creating 1,000 new jobs. The Wisconsin company says it will reconfigure a warehouse with features needed to do large-scale manufacturing. (AP Photo/Nati Harnik, File)

DETROIT (AP) — Oshkosh Defense will make new delivery vehicles for the U.S. Postal Service in Spartanburg County, South Carolina, creating 1,000 new jobs.

The Wisconsin company on Tuesday said that it will reconfigure a warehouse with features needed to do large-scale manufacturing. Parts supply companies are expected to create more jobs in the area.

Gov. Henry McMaster said Oshkosh will invest $155 million in Spartanburg County.

In February, Oshkosh Defense won the multi-billion-dollar contract to build the Postal Service's next generation delivery vehicle. The company will build 50,000 to 165,000 van-like vehicles during the next 10 years, replacing a fleet that is up to three-decades old.

Some of the vehicles will be powered by batteries, while others will have internal combustion engines. The exact mix has not been decided yet.

Also Tuesday, Ford Motor Co. said its component sales subsidiary would make parts for the Postal Service vehicles, both electric and gasoline-powered. The automaker said the engines and transmissions would be made in Michigan, plus suspensions and other components.

Oshkosh said production in South Carolina is expected to begin in the summer of 2023, the company said Tuesday.

Oshkosh Defense, which mainly builds military vehicles, is a wholly owned subsidiary of the Oshkosh Corp.

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Companies Mentioned in This Article

CompanyMarketRankâ„¢Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Oshkosh (OSK)
4.453 of 5 stars
$125.97-0.5%1.62%13.46Moderate Buy$126.85
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