* North Caroline - Daimler Trucks North America cranks up new HQ in Portland, Ore.
(Photo: Daimler Trucks has 5,200 employees in the Charlotte region)
Charlotte,NC,USA -The Charlotte Business Journal, by Ken Elkins -21 July 2014: -- Daimler Trucks North America last week began construction of its new $150 million headquarters in Portland, Ore., according to the Portland Business Journal... Daimler Trucks is the largest manufacturer in the Charlotte region, with 5,200 employees in the metro area. The company operates Freightliner plants in Mount Holly, Gastonia and the Rowan County town of Cleveland. It also has an administrative office in Fort Mill...
* Washington - Truck maker poised to outperform regardless of takeover rumor
Seattle,WASH,USA -Seeking Alpha -Jul. 20, 2014: -- Recent takeover rumors created buzz around PACCAR... Accounting for the majority of PACCAR’s revenue, the North American heavy-duty truck market is forecasted to grow substantially, providing a solid backdrop for the shares to outperform the broader market... PACCAR Inc. is a manufacturer of the Peterbilt, Kenworth, and DAF branded trucks established in Seattle, Washington in 1905. On July 3rd, the stock gapped 5% upward after rumor of a takeover bid from Volkswagen surfaced... The rumor was speculated by competitor Daimler Trucks' chief executive Wolfgang Bernhard, who mentioned to analysts that "serious, multiple sources" suggest to him that Volkswagen was interested in purchasing PACCAR next year. Volkswagen has since denied the rumor. However, considering Bernhard's status in the industry and the fact that he served on Volkswagen's management board from 2005 to 2007...Labels: truckmakers news USA
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