Paclease sets up two new shops

Bellevue, WA-based Paccar Leasing Company (Paclease) is adding two new locations in Ontario, Canada – one along the Highway 401 corridor in London and the other off Highway 400 in Barrie. Both facilities will be operated by Kenworth Ontario PacLease.

“These new locations represent the growing demand for leased vehicles,” said PacLease president Bob Southern. He noted the truck leasing firm anticipates adding 40 new locations in 2006 – after adding 45 last year.

“We think companies are turning to full-service leasing for the benefits of off-balance sheet financing and having the trucks cared for by experienced technicians, especially as trucks become more complex,” Southern said. “We’ve had 12 successive record years and in 2005 enjoyed 15% fleet growth. Our fleet now includes more than 24,000 vehicles.”