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Oshkosh's own SEC[3] Form 10-K states the company acquired Pierce's stock for cash on September 18, 1996.
Pierce's own company history timeline confirms the 1996 Oshkosh acquisition and the 1939 first fire truck body, corroborating the manufacturing lineage shown in the documentary.[1]
Oshkosh's SEC 10-K states it 'acquired for cash all of the issued and outstanding capital stock of Pierce for $156.9 million' on September 18, 1996.
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The plant will build the company’s next-generation EVs that are expected to arrive to market around mid-decade.
The changes to the Oakville complex will include combining three body shops into one and adding battery pack assembly, Ford said.
The Oakville plant will continue to build the gas-powered Ford Edge and Lincoln Nautilus crossovers up until the plant’s downtime.
The investment is part of Ford’s plan to have production capacity for 2 million EVs globally by the end of 2026.
The retooling is expected to take six months and begin in the second quarter of next year, Ford said.
