In a recent Entrepreneur Magazine (www.ThePeteStore.com) Truck dealer group with six locations in the eastern United States made the list at #97.
With sales growth in excess of 300% and job growth of 416% in just four years, the Maryland-based truck dealer was the highest ranked automotive company and the only truck dealer to make
the list. The sales numbers are based on fiscal 2006 and are not inclusive of the three new locations recently acquired in March.
"Being named to Entrepreneur Magazine's list of America's fastest growing companies is a great achievement and something we are all very proud of," said John Arscott, President of The
Pete Store. "Our strong partnership with PACCAR Inc., who continues to provide us with products of unmatched quality, along with our outstanding personnel who endeavor to know more about
these products than anyone else, are the keys to our continued to success. At The Pete Store our goal is to provide world-class service everyday and our commitment to only one
manufacturer allows us to better deliver on this promise."
Making the Cut
The Hot 500 rankings are compiled with the help of Corporate Research Board, a Washington D.C. based research organization. Entrepreneur Magazine and CRB started with CRB's database of
more than 19 million U.S. businesses and considered businesses that met several sales and job growth criteria. Only 95,000 businesses - or 0.5 percent of the 19 million businesses - met
the criteria. It was from this list Entrepreneur Magazine selected its Hot 500.
About The Pete Store
The Pete Store, Inc. operates six Peterbilt (www.ThePeteStore.com
For more information on Entrepreneur Magazine and its Hot 500 list visit the magazine's Web site at