City leaders were happy with the company's decision. "I am thrilled that the City of Oshkosh's proposal was competitive with proposals that Oshkosh Corporation had been considering nationwide," said City Manager Mark Rohloff.
"I think this speaks volumes about Oshkosh Corporation's confidence that the City of Oshkosh will continue to be a great home to the global headquarters of a Fortune 500 company," Rohloff added.
The city now looks to begin a formal process in crafting a development agreement with the company. That's expected to be completed by April.
Oshkosh Corporation celebrated their 100th anniversary earlier this year.