Manufacturing sector provides fresh hope Oct 28, 2009
But results aside, Textron Inc, Agco Corp and Paccar Inc said they will keep a careful eye on costs, suggesting the coming year will continue to be tough 00004000 for the tens of thousands manufacturing employees idled in the slump ... Paccar, which makes trucks under the Peterbilt, Kenworth and DAF brands, reported a third-quarter profit of $US13 million, or 4 US cents a share, down from $US299 million, or 82 US cents a share, a year earlier. (Sydney Morning Herald -- Business)
Special session possible Oct 21, 2009
Barbour called a special session in 2007 for lawmakers to approve a $48 million incentive package for PACCAR Inc. to build a $400 million engine manufacturing plant in Columbus. In 2005, he called lawmakers back to the Capitol to approve legislation to aid the Gulf Coast after it was ravaged by Hurricane Katrina. (The Clarion-Ledger)
Matching Gifts Oct 21, 2009
Matching Gift Companies - CLEMSON UNIVERSITY OFFICIAL ATHLETIC SITE. Matching Gift Companies Thank you for making the extra effort - and for your doubled support. (Clemsontigers.com)
PERRY/Barbour's politics rooted in jobs Oct 1, 2009
As a result of Mississippi's improved business climate and the attention given by Toyota, Barbour said General Electric, Paccar, and steel plants came to Mississippi and brought with them new and high paying jobs. Four days later, Barbour was back on energy policy as he led a national webinar for the Republican Governors Association entitled "Energy 101: The Hidden Taxes in Cap and Trade Legislation." Barbour serves as Chairman of the RGA. Thousands of Republican activists and interested... (Philadelphia Neshoba Democrat, MS)
Cat sees stabilizing sales through dealer data Sep 22, 2009
Over the past six months, its stock has risen nearly 95 percent, outperforming peers such as , Paccar Inc. and Cummins Inc.. Crains Briefing. (Crain's Chicago Business)
Biodiesel plant opens in Kern Co. Jul 31, 2009
This new alliance includes organizations from around the United States including Red Lion Bio-Energy, Pacific Renewable Fuels, Grace Davison, PACCAR, SolarTurbines/Caterpillar, National Renewable Energy Laboratory (NREL), D 00004000 esert Research Institute, Quanta Services, Worley Parsons, University of Toledo, Midwest Terminals/Port of Toledo, and other leading partners. "REII's ultimate goal is to ensure that these technologies are reliable, efficient, economical and environmentally... (Fresno Bee -- Business)
Earnings roundup: Viacom, Teva Pharmaceutical Jul 29, 2009
(AP) Truck maker Paccar Inc. on Tuesday reported its second-quarter profit tumbled 92 percent as the weak economy hurt freight shipments and truck sales. PASADENA, Calif. (Yahoo News -- Pharmaceutical Industry News)
Paccar calls Q2 difficult Jul 29, 2009
Paccar calls Q2 difficult, shares plunge 7 percent - Puget Sound Business Journal (Seattle) ... Paccar calls Q2 difficult, shares plunge 7 percent ... Paccar Inc. photo A Peterbuilt hybrid truck on display in Washington, D.C.. (Puget Sound Business Journal, WA)
Alliance Formed to Commercialize New Technologies for Converting Biomass to Clean, Diesel Fuel Jul 22, 2009
This new alliance includes organizations from around the United States including Red Lion Bio-Energy, Pacific Renewable Fuels, Grace Davison, PACCAR, SolarTurbines/Caterpillar, National Renewable Energy Laboratory (NREL), Desert Research Institute, Quanta Services, Worley Parsons, University of Toledo, Midwest Terminals/Port of Toledo, and other leading partners. "REII's ultimate goal is to ensure that these technologies are reliable, efficient, economical and environmentally friendly," said Dr.... (PR Newswire)
Caterpillar's dividend may be at risk: analyst Jul 10, 2009
(Reuters) - and Eaton Corp. may soon join other industrial companies in cutting their dividends, now that truckmaker Paccar has slashed its payout in half, according to a Merrill Lynch analysis. Paccar's cut of its quarterly dividend this week to 9 cents per share to conserve cash was a surprise, Merrill analyst Andrew Obin said in a research note on Thursday ... Paccar's move follows dividend reductions at CNH Global NV, Timken Co., and Ingersoll-Rand Plc. (Crain's Chicago Business)
Paccar halves dividend Jul 9, 2009
We are adjusting the quarterly dividend payment as a prudent business measure in response to the global challenges affecting all industries; Paccar has increased its regular quarterly dividend 200 percent since 1998, including this adjustment, and looks forward to resuming the growth of the dividend when business markets normalize, said Mark Pigott, chairman and CEO of Paccar (NASDAQ: PCAR), in a statement. Reader Comments. (Puget Sound Business Journal, WA)
Paccar Cuts Dividend to 9 Cents From 18 Cents Jul 8, 2009
Paccar Inc. said Tuesday that its board has halved the commercial truck maker's quarterly dividend to 9 cents per share, from 18 cents ... In a statement, Paccar Chairman and CEO Mark Pigott said the company plans to increase the dividend once business markets improve ... "Today's proactive decision will enhance Paccar's strong balance sheet and liquidity and enable the company to further invest in important projects such as new truck models including diesel-electric hybrid vehicles,... (ABC News -- Wire)
SDL Announces the Acquisition of XyEnterprise, a Leader in XML Publishing and Component Content Management Software Jun 29, 2009
SDL Trisoft customers include a number of large consumer electronics and mobile communications companies as well as the following: Atlas Copco, DAF Trucks (a Paccar Company), Oc;, Micro Focus, HACH, FICO, NetApp, VMware, Still, Blond;,Yokogawa, Maruboshi, Linde Material Handling, Nautilus, and Mitsubishi. SDL Trisoft headquarters are in Mechelen, Belgium. (Yahoo News -- Press Releases)
Paccar Renews $2 Billion Credit Facility Jun 27, 2009
Commercial truck maker Paccar Inc. said Friday it has renewed its $2 billion syndicated one-year credit facility through June 2010 ... "Paccar's strong balance sheet continues to provide the company with a significant competitive advantage in meeting the capital requirements of our finance companies and manufacturing operations," he said ... Paccar designs and manufactures light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. (ABC News -- Wire)
Paccar renews $2B credit facility Jun 27, 2009
The credit facilities "provide back-up liquidity for Paccar s commercial paper and medium-term notes," the company said. "Paccar is pleased to renew its credit facility with over 20 of the leading banks and financial institutions worldwide," said Ron Armstrong, Paccar senior vice president ... "Paccar s strong balance sheet continues to provide the company with a significant competitive advantage in meeting the capital requirements of our finance companies and manufacturing operations.". (Puget Sound Business Journal, WA)
Northwest companies cut CEO pay Jun 23, 2009
Paccar CEO Mark Pigott topped this year's regional list with total compensation of $13 ... Yet that match won't vest until 2013, and only then if Paccar stacks up well against its rivals ... Paccar's compensation committee noted in a regulatory filing that Pigott declined a $1. (KGW Northwest NewsChannel 8, OR -- Business)
Association of Fundraising Professionals Washington Chapter Seeks Nominations for Outstanding Philanthropists May 19, 2009
2008 recipients included PACCAR Inc. in Bellevue (Corporation), Village Books in Bellingham (Small Business), Kirlin Charitable Foundation in Bellevue (Foundation), The Moyer Foundation in Seattle (Organization), Shad Reinstein & Jody Laine in Seattle (Philanthropists), The Bridge Family in Seattle (Family), and Anders Crabo & Colin Flynn in Bellingham (Youth). About the Association of Fundraising Professionals: The Washington Chapter of the Association of Fundraising Professionals (AFP)... (PR Newswire)
Manufacturers head supports May 7, 2009
The Golden Triangle counties and cities Clay, Lowndes and Oktibbeha counties, and the cities of Columbus, Starkville and West Point joined in a looser group to lure such industries as Paccar, Severcorr and American Eurocopter. You need to reach beyond your city limits to neighboring towns, and beyond county lines, and put your assets together to market what you have to offer, Moon said. (Calhoun City Monitor Herald, MS)
Paccar Q1 Profit Drops 91 Percent May 4, 2009
-- Paccar's first quarter profit fell 91 percent to $26 million, the company reported ... He said Paccar has "rigorously" cut operating costs and capital spending. (KIRO TV, WA)
Why Penny Stocks can Give you Returns of 300% or More May 3, 2009
Investing in big cap stocks like: PACCAR, Inc. (NASDASQ:PCAR),CA, Inc.(NASDAQ:),Celgene Corp.(NASDAQ:),Microsoft Corp.(NASDAQ:),Palm, Inc.(NASDAQ:), or Apple, Inc.(NASDAQ:)can be good for 10-20% or sometimes 30% return but investors shouldn't expect higher return then that with big cap stocks. However, investing in penny stocks can give you return of over 100% within a few weeks. (PR Newswire)
Ready-to-build industrial site at top of plan's list for local port authority May 1, 2009
Five of TVA's megasites have been sold to major corporations: Dow Corning/Hemlock Semiconductor, Volkswagen, Paccar, Toyota and SeverCorr. In Lee County's case, focusing on a medium to large ready-to-build industrial site could lead to capitalizing on the industry cluster potential in the renewable energy industry, Hanson says. (Keokuk Daily Gate City, IO)
Paccar CEO optimistic about economic recovery Apr 29, 2009
Citing the company s recent sale of 300 midsize hybrid trucks to Coca-Cola, Pigott said he believes Paccar s investment in hybrid truck technology will pay off, despite the current relatively low fuel prices ... Pointing out that Paccar plans to start operating its new 400,000-square foot engine facility in Mississippi next year, Pigott suggested that this will give the company another new market engines ... Asked about Paccar s plans to enter the fast-growing truck markets of India and China,... (Puget Sound Business Journal, WA)
EDITORIAL:Barbour sustained Mar 27, 2009
"If the Mississippi Legislature had set out to devise a law to make it highly unlikely that Mississippi could attract major projects with large numbers of jobs like Nissan, Toyota, PACCAR, Stennis Space Center or facilities along the Tennessee-Tombigbee Waterway, House Bill 803 would do the trick," Barbour said in the message. The bill excluded previously approved Major Economic Impact Authority projects, but it made no exception for future, similar developments. (Northeast Mississippi Daily Journal)
Be a Penny Stock Millionaire! Mar 23, 2009
Though both have disappointed greatly in recent months, selling Dell (Nasdaq: DELL) or Paccar (Nasdaq: PCAR) in the early days, after doubling your money, would have wound up costing you dearly ... Paccar is a Stock Advisor pick. (MSNBC -- Business)
Peterbilt closing plant in Madison Feb 8, 2009
The severe recession is affecting our business in North America and Europe, Paccar CEO and Chairman Mark Pigott said when the company s released its earnings Jan. 30. Our fourth quarter 2008 financial results were negatively impacted by reduced gross margins, lower build rates and temporary plant shutdowns. (Nashville Business Journal, TN)
