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The Pete Store is named one of America's fastest growing businesses by Entrepreneur Magazine

Baltimore, MD — August 13, 2007

In a recent Entrepreneur Magazine® ranking of America’s 500 fastest growing companies The Pete Store, Inc., a Peterbilt Truck dealer group with six locations in the eastern United States made the list at #97.

"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 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. From this list, the Hot 500 was selected.