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Its Dart Truck Company and Wagner Mining Equipment Company were sold in 1984 and 1989 in order to remain profitable. [ 43 ] [ 44 ] In 1987, PACCAR entered the automotive parts & accessories retail market by acquiring Al's Auto Supply and Grand Auto Incorporated, giving the company greater ability to weather periods of national economic downturn.
He is the fourth generation of the Pigott family to lead the company [8] is a publicly traded company in the capital goods and financial services industries. PACCAR's major brands are DAF Trucks , Kenworth and Peterbilt trucks, PACCAR Financial, PacLease, PACCAR Parts, PACCAR Information Technology and PACCAR Powertrain.
Kenworth traces its roots to the 1912 founding of Gerlinger Motors in Portland, Oregon; the company was a car and truck dealership owned by brothers George T. Gerlinger and Louis Gerlinger, Jr. [4] In 1914, the brothers expanded into vehicle manufacturing, marketing a truck named the Gersix. [4]
Marmon Holdings, or Marmon Group, is a holding company made up of more than 100 industrial companies. It was founded in 1953 by Jay Pritzker and Robert Pritzker in Chicago, where its headquarters ...
PACCAR Inc. (NASDAQ:PCAR) shares are trading lower on Tuesday. The company reported fourth-quarter earnings per share of $1.66, missing the street view of $1.69. Quarterly sales of $7.36 billion ...
An early Cummins diesel in a 1950 Indianapolis 500 roadster Columbus main plant (1973) The Cummins Engine Company was founded in Columbus, Indiana on February 3, 1919, by mechanic Clessie Cummins and banker William Glanton Irwin. [3] The company focused on developing the diesel engine, which was invented 20 years earlier. Despite several well ...
PACCAR's (PCAR) latest deal with Aurora will aid the truck maker in its pursuit of revolutionizing the autonomous trucking industry. PACCAR (PCAR), Aurora to Jointly Develop Autonomous Big Rigs ...
James Arthur Haslam III (born March 9, 1954) is an American businessman and sports executive. He is the chairman of the board of the Pilot Flying J truck stop chain. He and his wife Dee own the Cleveland Browns of the National Football League (NFL), the Columbus Crew of Major League Soccer (MLS), and a stake in the Milwaukee Bucks of the National Basketball Association (NBA).