PACCAR Expands Presence in China.BELLEVUE Bellevue (bĕl`vy  ).1 City (1990 pop. 30,982), Sarpy co., E Nebr., a suburb of Omaha, on the Missouri River; inc. 1855. , Wash. -- PACCAR PACCAR Pacific Car and Foundry Company (former railroad car manufacturer now parent corp of Peterbilt & Kenworth Truck) (Nasdaq:PCAR PCAR Pennsylvania Coalition Against Rape PCAR Post Contract Award Review ) is expanding its business in Asia by opening an office in Shanghai Shanghai (shăng`hī`, shäng`hī`), city (1994 est. pop. 12,980,000), in, but independent of, Jiangsu prov., E China, on the Huangpu (Whangpoo) River where it flows into the Chang (Yangtze) estuary. , China. The office will open in 2007 and will focus on purchasing production parts for worldwide operations, as well as the sale of PACCAR powertrain components to customers in Asia. "The Shanghai office will complement PACCAR's existing sales office in Beijing, which has been providing excellent customer support for fifteen years. The rapid development of the highway network in China has generated demand for high-quality, reliable commercial vehicles. The Shanghai office will enable PACCAR to increase its participation in this exciting and important market," said Tom Lundahl, vice president, purchasing. PACCAR is a global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. It also provides financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and information technology and distributes truck parts related to its principal business. PACCAR shares are listed on NASDAQ Global Select Market, symbol PCAR, and its homepage can be found at www.paccar.com. |
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