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Paccar

777 106th Avenue Northeast, Bellevue 98004, Washington

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Business Details

PACCAR Inc started as Seattle Car Manufacturing Company in 1905 with a capitalization of $10,000 and was founded by William Pigott, Sr., its original business was the production of Railway and Logging equipment. The company built a new factory in Renton in 1909 after its Duwamish facility was destroyed in fire as well as to fulfill large number of orders. In 1917 it merged with a Portland firm, Twohy Brothers which was its only competitor on the west coast at the time and company was renamed as Pacific Car and Foundry Company. The company manufactured horse or oxen-drawn logging trucks built specifically to address the dense, hilly forests in which the Northwest logging industry operated to transport massive logs. The following years the company specialized in designing air brakes, open cars, refrigerated boxcars for shipment of perishable items and the universal trailer which could be pulled by a truck. The company also manufactured structural steel that was finished by hand that was used to create columns and girders that went into many a Seattle landmark building. In 1924, the founder, William Pigott sold a controlling interest in the company to American Car and Foundry Company. However, his son, Paul Pigott reacquired a significant interest in the company from American Car and Foundry Company in 1934.

During the Great Depression in 1930 despite the stock market crash, the company's earnings rose; but as the Great Depression deepened, Pacific Car and Foundry became one of the most depressed businesses in the Northwest. During the late 1930s, Pacific Car and Foundry received government contracts for steel fabrication for construction of Lacey V. Murrow Memorial Bridge as well as orders from other companies.

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777 106th Avenue Northeast, Bellevue 98004, Washington

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