| __timestamp | Graco Inc. | Westinghouse Air Brake Technologies Corporation |
|---|---|---|
| Wednesday, January 1, 2014 | 54246000 | 61886000 |
| Thursday, January 1, 2015 | 58559000 | 71213000 |
| Friday, January 1, 2016 | 60606000 | 71375000 |
| Sunday, January 1, 2017 | 60106000 | 95166000 |
| Monday, January 1, 2018 | 63124000 | 87450000 |
| Tuesday, January 1, 2019 | 67557000 | 209900000 |
| Wednesday, January 1, 2020 | 72194000 | 162100000 |
| Friday, January 1, 2021 | 79651000 | 176000000 |
| Saturday, January 1, 2022 | 80008000 | 209000000 |
| Sunday, January 1, 2023 | 82822000 | 218000000 |
| Monday, January 1, 2024 | 87230000 | 206000000 |
Cracking the code
In the ever-evolving landscape of industrial innovation, research and development (R&D) spending is a critical indicator of a company's commitment to future growth. Over the past decade, Westinghouse Air Brake Technologies Corporation and Graco Inc. have demonstrated distinct approaches to R&D investment. From 2014 to 2023, Westinghouse consistently outpaced Graco, with R&D expenses peaking at approximately 218% higher than Graco's in 2023. This trend underscores Westinghouse's aggressive strategy in pioneering advancements in the transportation sector. Meanwhile, Graco's steady increase in R&D spending, growing by about 61% from 2014 to 2024, reflects its dedication to innovation in fluid handling systems. The data reveals a fascinating narrative of how these industrial giants prioritize innovation, with Westinghouse leading the charge in recent years. However, the absence of data for Westinghouse in 2024 leaves room for speculation on future trends.
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