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Volvo to open $37.7M regional distribution hub in Washington state
Yahoo Finance· 2026-01-06 14:48
This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. The Volvo Group plans to invest $37.7 million in a new 115,000-square-foot regional distribution center in Tacoma, Washington, to optimize parts delivery and expand coverage in the U.S. Northwest and Western Canada, the company said. The facility, which will employ 20 people, will support dealers of Volvo Trucks, Mack Trucks, Volvo Penta, and Volvo Const ...
Why Paccar Stock Popped on Friday
Yahoo Finance· 2025-09-26 18:10
Core Viewpoint - President Trump announced a 25% tariff on imports of foreign heavy trucks, aiming to protect American truck manufacturers, which may have mixed implications for companies like Paccar [1][6]. Group 1: Tariff Announcement - The tariff will take effect on October 1, 2025, and is intended to shield manufacturers such as Peterbilt, Kenworth, Freightliner, and Mack Trucks from foreign competition [1]. - Paccar manufactures two of the brands mentioned (Peterbilt and Kenworth) and has a significant stake in the domestic truck market [2]. Group 2: Manufacturing Operations - Paccar's brands, including Peterbilt and Kenworth, have both domestic and international manufacturing operations, complicating the impact of the tariffs [3]. - Freightliner is owned by Germany's Daimler and has production facilities in both the U.S. and Mexico, while Mack Trucks is owned by Sweden's Volvo and has operations in the U.S. and Mexico [2]. Group 3: Investment Considerations - Paccar's stock is currently valued at 16.2 times trailing earnings and offers a 4.5% dividend, with earnings expected to nearly double over the next four years, making it an attractive investment option [4]. - Despite the potential impact of tariffs, Paccar stock is viewed as attractively priced [6].