January 23, 2017 3:25 PM ET

Machinery

Company Overview of Daimler Trucks North America LLC

Company Overview

Daimler Trucks North America LLC designs, manufactures, sells, and services heavy-duty trucks, medium-duty trucks, and specialized commercial vehicles in North America and internationally. Its products include heavy- and medium-duty commercial vehicles for long-haul transport, local and regional distribution, and construction and services; school buses; chassis for delivery vans, recreational vehicles, and shuttle buses; heavy- and medium-duty diesel engines; and mechanical transmissions, and drive and steering axles. The company also provides used trucks through a network of retail locations in the United States and Canada. Daimler Trucks North America LLC has strategic partnerships with Da...

4747 Channel Avenue

Portland, OR 97217

United States

Founded in 1942

Phone:

503-745-8000

Fax:

503-745-8921

Key Executives for Daimler Trucks North America LLC

Chief Executive Officer and President
Age: 56
Chief Financial Officer
Chief Operating Officer
Chief Diversity Officer and President of Western Star Trucks
Head of Daimler Trucks Asia, Head of Finance & Controlling Business and Product Planning - Daimler Trucks & Buses
Age: 59
Compensation as of Fiscal Year 2016.

Daimler Trucks North America LLC Key Developments

Daimler Trucks North America Opens New Parts Distribution Centre in Grimes, Iowa

Daimler Trucks North America, a subsidiary of Daimler AG is hiring 43 people as it opens a new parts distribution centre in Grimes, Iowa. The company, which employs 20,000 nationally, plans to lease a 245,000-square-foot warehouse in Grimes for its distribution centre. The Iowa Economic Development Authority board approved USD 662,100 in tax credits and refunds toward the project. The award is contingent on a local match from the city of Grimes.

Northstar Battery Company LLC to Supply Batteries to Daimler Trucks North America LLC Original Equipment Platforms

Daimler Trucks North America has entered into a 7-year agreement with NorthStar Battery Company as the supplier of Ultra High Performance Pure Lead AGM batteries as part of the improvements being made to the next generation Cascadia truck. The agreement with Daimler makes NorthStar batteries a standard on all ParkSmart optioned trucks as well as a standard option on most other Freightliner, Western Star, Freightliner Chassis and Thomas Bus factory orders. NorthStar received worldwide approval to supply batteries to Daimler Original Equipment platforms.

Daimler Trucks North America Plans to Lease Indiana Building

Daimler Trucks North America announced that it is planning to lease All Points at Anson Building 15, a newly constructed 283,500-square-foot-facility in Whitestown, Indiana. The company will use the facility as a parts distribution centre. The company will invest USD 12.35 million to lease and equip the facility, where it will fulfil orders for truck parts. The company expects the new facility to process 7,000 new parts daily that will reach a 350-mile radius from Whitestown.

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Recent Private Companies Transactions

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