Capital Investments, Product Development and Industry RecognitionPACCAR’s excellent long-term profits, strong balance sheet, and intense focus on quality, technology and productivity have enabled the company to invest $4.7 billion in capital projects, innovative products and new technologies during the past decade. Capacity expansion of over 40 percent in the last five years and annual productivity improvements have enhanced the capability of the company’s manufacturing and parts facilities. Capital investments of $450-$550 million and R&D expenses of $275-$300 million are targeted in 2012 for new products and enhancing manufacturing operating efficiency. “Kenworth, Peterbilt and DAF are investing in new industry-leading products and services to enable our customers to achieve excellent results in their businesses,” said Ron Armstrong, PACCAR president.
Peterbilt Model 210 And Model 587 - ATD Commercial Trucks Of The Year 2012 (Photo: Business Wire)
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