PACCAR Announces New Manufacturing and Assembly Facility - aftermarketNews

PACCAR Announces New Manufacturing and Assembly Facility

BELLEVUE, WA — PACCAR has unveiled plans for a new $400 million powertrain manufacturing and assembly facility in the Southeast United States. The 400,000-square-foot facility strengthens PACCAR’s global manufacturing and assembly capability and positions the company to capitalize on growing opportunities in North America, Europe and Asia, according to Mark Pigott, chairman and chief executive officer.

“Strong demand for high-quality DAF, Peterbilt and Kenworth products has resulted in record production and marketshare for PACCAR worldwide,” said Pigott. “The industry-leading reliability and resale value of PACCAR’s light-, medium- and heavy-duty commercial vehicles, including the success of PACCAR’s powertrain, as well as exciting initiatives such as PACCAR’s diesel-electric hybrids, remote vehicle diagnostics and software development have driven stellar financial performance. This significant investment in a new powertrain facility, as well as a Technology Center, will ensure that PACCAR maintains its position of global technology leadership and meets customer requirements.”

Construction of the facility will begin in mid-2007 and is targeted for completion in 2009.

For more information about PACCAR, go to: http://www.paccar.com .

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