Paccar Building $400 Million Manufacturing and Assembly Facility

Paccar Inc. unveiled plans for a new $400 million powertrain manufacturing and assembly facility in the Southeast United States. Mark Pigott, chairman and chief executive officer, said, “Strong demand for DAF,

Peterbilt and Kenworth products has resulted in record production and market share for Paccar worldwide. 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.”
He said the 400,000-square-foot facility positions Paccar to capitalize on growing opportunities in North America, Europe and Asia.
“Construction of the facility will begin in mid-2007 and is targeted for completion in 2009,” said Jim Cardillo, executive vice president. “Paccar has learned from DAF and its customers the performance and cost advantages of installing its own powertrain, as well as the benefits of additional aftermarket parts and service business for our dealers. Offering a Paccar powertrain to our North American customers will provide additional choices in their vehicle specifications.”
Tom Plimpton, president, said, “This will be Paccar’s most technologically advanced facility. The manufacturing facility will be configured for maximum flexibility to supply products and components to Paccar facilities and customers on a global basis.”