During a ceremony at UNT Research Park in Denton TX, Paccar Inc of Bellevue WA — acting through its foundation — announced a $1.5 million donation to the University of North Texas to benefit research and teaching in the UNT College of Engineering.
The $1.5 million gift will establish the Paccar Technology Institute and fund the Paccar Professorship of Engineering at the UNT Research Park College of Engineering in Denton, where Peterbilt Motors Co is headquartered.
About one third of the Paccar Foundation gift will go toward the Paccar Professorship of Engineering. It will pay for a fulltime tenured professor within the college. The remaining donation will be used toward establishing the Paccar Technology Institute within the University of North Texas' Research Park facility.