New Penn completes new terminal and expansion of Buffalo area facility

    LEBANON, Pa.--Jan. 29, 2001--New Penn Motor Express, a subsidiary of Arnold Industries, Inc. , has completed construction of a new facility in the Buffalo, NY area.
    The new facility serves greater Buffalo and portions of Western New York and Pennsylvania. The terminal also serves as a major gateway for freight to and from Ontario, Canada.
    The new 55-door facility, situated on an eight-acre site, was made necessary by the growth New Penn has experienced in the region during the past 15 years, and particularly to and from Canada. It replaces a 25-door facility on three nearby acres.
    The new terminal facility is located on Transit Road in the village of Williamsville at Exit 49 of the New York State Thruway. New Penn employs approximately 50 people in Buffalo.
    New Penn Executive Vice President, Stephen M. O'Kane said, "We are pleased to increase our commitment to the Buffalo region. Our multi-million dollar investment is another example of how our financial stability permits us to continually invest in the facilities, equipment and technology to better meet the needs of our customers."
    "The new Buffalo location is ideal and will maximize our service and efficiency in the area," O'Kane added.
    New Penn Motor Express, Inc. (www.newpenn.com) is headquartered in Lebanon, PA, and is a subsidiary of Arnold Industries, Inc. . New Penn is a regional less-than-truckload motor carrier providing reliable next-day service through a network of 23 terminal facilities located in the Northeastern United States, Quebec, Canada and Puerto Rico.
    New Penn employs over 2,000 people and operates a fleet of over 800 tractors and 1,600 trailers.
    Arnold Industries, Inc. is a holding company of transportation and logistics companies including New Penn Motor Express, Arnold Transportation Services, an irregular route and dedicated truckload carrier, and Arnold Logistics, an integrated order fulfillment, distribution, contract packaging and reverse logistics service provider.
    For the year 1999, the Company reported consolidated revenues of $428 million. For more information, please visit our web site at www.aind.com.