Create a free Trucks, Parts, Service account to continue reading

PennFleet honored for growth and sustainability

Tps Logo Online Headshot
Updated Oct 2, 2018

PennFleet Corp. has been named one of 76 winners of 2018 Philadelphia 100 Award, presented by the Entrepreneur’s Forum of Greater Philadelphia.

Presented by Comcast Business, Wipfli and sponsored by Bank of America and Greenberg Traurig, the Philadelphia 100 Award recognizes some of the fast growing privately-held companies in the greater Philadelphia area. The winners will be honored Thursday, Oct. 25, with a reception in Philadelphia.

Since opening in 2004, PennFleet has grown from six employees and one small location to more than 30 employees in two locations in Boothwyn and Conshohocken. Newer headquarters in Boothwyn house offices and nearly 20,000 sq. ft. of repair shop.

In addition to this latest honor, rapid growth at PennFleet has twice won the company the “Philadelphia 100” Award from the Entrepreneurs Forum of Greater Philadelphia and inclusion in Inc. Magazine’s “Inc. 5000,” a list of fastest-growing companies in the U.S.

“PennFleet was founded on the belief that excellence is achieved through innovation, financial responsibility and respect for our natural environment,” says Jim Kolea, president. “We are delighted to join 75 other distinguished companies as part of the 2018 Soaring 76, and we look forward to continued growth and community involvement through our support of local, national and global non-profit charitable organizations.”

Learn how to move your used trucks faster
With unsold used inventory depreciating at a rate of more than 2% monthly, efficient inventory turnover is a must for dealers. Download this eBook to access proven strategies for selling used trucks faster.
Download
Used Truck Guide Cover