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Key customers include truck and industrial vehicle makers such as PACCAR, Volvo Trucks North America, Daimler Trucks North America, Chrysler and Komatsu.
FORBES: CMI Ready To Rev Higher
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The second generation moved into manufacturing truck bodies, industrial insulation materials and air conditioners (in partnership with Fedders Corp.).
FORBES: Pipe Dreams
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To achieve these feats, Nektar's scientists performed hundreds of hours of computer simulations, tested more than a dozen different formulations of dried insulin and traveled around the world drawing inspiration from ancient Chinese seeds, plants in the Mexican desert and production techniques used in making instant coffee, powdered milk, aviation aerodynamics, truck fuel injectors and industrial vacuum pumps.
FORBES: The Impossible Made Possible
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In the medium-term if global growth stalls and oil prices decline due to reduced industrial demand, this will likely help truck sales at the expense of car sales.
FORBES: Ford Stock Stuck In Neutral Now But Will Burn Rubber To $14
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At this point, however, the truck space will soon hit industrial capacity constraints and we may be looking at substantially reduced incentives or as economists call them, higher prices.
FORBES: Domestic Auto Sales Crack 12 Million