President George W. Bush announced this week that Paccar is one of the recipients of the 2004 National Medal of Technology. Established by Congress in 1980, the award represents the nation’s highest honor for innovation, recognizing the significant contributions that America’s leading innovators make to the nation’s economic strength and technology advancements.
Paccar’s award honors the company’s global industry leadership in the development of aerodynamic, lightweight commercial vehicles that have dramatically reduced fuel consumption and increased the productivity of freight transportation.
“Improved vehicle aerodynamics, active hybrid vehicle programs, development of onboard energy management systems and the reduction of rolling resistance are among the many initiatives under way by Paccar to enhance its technology leadership,” says Mark C. Pigott, chairman and chief executive officer of Bellevue, Wash.-based Paccar. “Our 22,000 dedicated employees are setting the highest standards for innovation, creativity and customer focus and are delighted to be recognized for their contribution to the nation’s technology prowess.”
Paccar designs and manufactures light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. It also provides financial services and information technology and distributes truck parts related to its principal business.