NEWS & UPDATES

The Pete Store Adds Locations, Announces Growth and Investment Plans

Baltimore, MD — February 19, 2015

The Pete Store, LLC, recently announced new locations, outlined future expansion plans, and highlighted investments in existing markets.

New Locations
Late last year, The Pete Store completed the acquisition of 33 counties of Peterbilt territory in southern Georgia from Southeast Atlantic Peterbilt. The transaction included a 9,900 square-foot facility located in close proximity to I-16 in Metter, GA. A market evaluation is currently underway to determine plans for additional locations in the assigned region which includes the port cities of Savannah and Brunswick, Georgia.

In January, the company acquired property in Hagerstown, Maryland. The 10 acre site is located on I-81 at Exit 7 and includes an existing 35,000 square-foot facility. Plans currently call for the new dealership to open near the end of 2015, creating 30 jobs. This will be the company’s third location in Maryland.

Officials at The Pete Store also indicate they are in the early stages of planning for additional growth in the Tidewater, Virginia and Augusta, Georgia markets. More information will be released as it becomes available.

Existing Market Investments
Two of the company’s existing markets are receiving significant investments in 2015. The Peterbilt Store - Richmond (VA), has a 27,000 square-foot facility currently under construction at its current site on Deepwater Terminal Road in Richmond, VA. Construction is expected to be completed this summer. 

The Peterbilt Store - Greenville (SC), will be moving to a new location at the intersection of Highway 101 and I-85 in Greer, SC. Site work on the 15 acre parcel is expected to begin in the summer with a 30,000 square-foot flagship facility to be completed in 2016.  

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