Research and Development Investment: Deere & Company vs PACCAR Inc

Deere vs PACCAR: A Decade of R&D Investment Trends

__timestampDeere & CompanyPACCAR Inc
Wednesday, January 1, 20141452000000215600000
Thursday, January 1, 20151425100000239800000
Friday, January 1, 20161389100000247200000
Sunday, January 1, 20171367700000264700000
Monday, January 1, 20181657600000306100000
Tuesday, January 1, 20191783000000326600000
Wednesday, January 1, 20201644000000273900000
Friday, January 1, 20211587000000324100000
Saturday, January 1, 20221912000000341200000
Sunday, January 1, 20232177000000410900000
Monday, January 1, 20242290000000452900000
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Infusing magic into the data realm

A Decade of Innovation: R&D Investments by Deere & Company and PACCAR Inc

In the ever-evolving landscape of industrial machinery, research and development (R&D) investments are pivotal for innovation and growth. Over the past decade, Deere & Company and PACCAR Inc have demonstrated contrasting strategies in their R&D expenditures. Deere & Company, a leader in agricultural machinery, has consistently increased its R&D spending, peaking in 2024 with a 57% rise from 2014. This commitment underscores Deere's focus on technological advancements in precision agriculture and sustainable farming solutions.

Conversely, PACCAR Inc, a heavyweight in the commercial vehicle sector, has shown a more modest increase in R&D investments, with a 110% growth over the same period. This reflects PACCAR's strategic focus on enhancing vehicle efficiency and integrating cutting-edge technologies like autonomous driving. As these industry giants continue to innovate, their R&D investments will likely shape the future of machinery and transportation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025