A worker inside the PACCAR parts distribution center in Eindhoven the Netherlands Photo PACCAR

PACCAR to build new plant in Texas

May 23, 2017
Dynacraft facility will be located about 30 miles from Dallas.

Ken Hastings, PACCAR’s head of investor relations and corporate development, confirmed to Fleet Owner the company is planning to a new manufacturing facility in McKinney, TX, located about 30 miles north of Dallas.

The McKinney Economic Development Corp. (MEDC) issued a press release last week stating a deal with Paccar was expected to be finalized in the coming weeks. The expected 130,000 square foot facility will be part of PACCAR’s Dynacraft division, which manufacturing components, subassemblies and specialized services. Currently, Dynacraft has manufacturing facilities in Algona, WA and Louisville, KY.

PACCAR is the parent of Kenworth Trucks Co., Peterbilt Motors and DAF trucks in Europe. It also makes PACCAR-branded engines.

Hastings said the company is planning a capital investment of more than $20 million and will likely receive a $3 million incentive package from MEDC. It is expected to create 200 local jobs.

“We are very pleased to welcome Paccar to McKinney as our newest corporate citizen. This will be the start of a mutually beneficial relationship. I believe McKinney will foster an economic environment where Dynacraft’s presence in our city will grow well beyond its considerable initial investment,” said MEDC board chairman Jason Burress.

About the Author

Neil Abt

Neil Abt, editorial director at Fleet Owner, is a veteran journalist with over 20 years of reporting experience, including 15 years spent covering the trucking industry. A graduate of American University in Washington, D.C., he began his career covering sports for The Washington Post newspaper, followed by a position in the newsroom of America Online (AOL) and then both reporting and leadership roles at Transport Topics. Abt is based out of Portland, Oregon.

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