New Penn opens new and expanded facility in the Albany, NY area
LEBANON, Pa.--June 25, 2001--New Penn Motor Express, a subsidiary of Arnold Industries, Inc. , has completed construction of a new facility in the Albany, NY area.The new facility serves the Albany/Schenectady/Troy metropolitan area in New York, as well as portions of Massachusetts and Vermont.
The new 58-door terminal, situated on a seven-acre site, was made necessary by the growth New Penn has experienced in the region during the past 15 years. It replaces a 24-door facility at another location.
The new terminal is located at 10 East Industrial Parkway in Troy. New Penn employs approximately 55 people at this location.
New Penn Executive Vice President, Stephen M. O'Kane said, "We are pleased to increase our commitment to the Capital District of New York State and the surrounding communities. Regardless of the current economic conditions, we continue to make the multi-million dollar investments necessary to ensure we have the facilities, equipment and technology to meet the future needs of our customers."
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 2000, the Company reported consolidated revenues of $462 million. For more information, please visit our web site at www.aind.com.