Penske Truck Leasing Opens Cambridge, Ontario Facility

READING, Pa., April 24, 2007 - Penske Truck Leasing today celebrated the grand opening of a new facility in Cambridge, Ontario, located at 105 Saltsman Drive. The 18,000 square-foot state-of-the-art facility, currently employing 23 associates, offers commercial and consumer truck rental services, full-service truck leasing and contract maintenance. About 40 leasing customers are handled at the nine-acre location, and more than 400 vehicles are maintained on-site.

The one-story building incorporates Penske Truck Leasing's new facility design elements and features state-of-the-art technology to enhance the customer experience. The wireless technology component allows Penske service technicians to integrate various vehicle diagnostic and repair software.

The facility cost approximately $5.6 million to construct, and has four service bays, a truck washing bay and a two-lane fuel island with high-speed fuel pumps for fast, efficient service.

"This larger, cutting edge facility will provide for a rapid business expansion," said Ken Coots, Senior Vice President - Maintenance Services, Penske Truck Leasing. "Upgrading our maintenance capabilities has positioned us to stay ahead of the technology curve within the transportation industry. As we continue adding customers, we look forward to hiring more associates in the near future."

Penske has operated locally for nearly seven years, with previous locations in Kitchener and Cambridge. In Canada, Penske operates more than 11,000 vehicles, and employs nearly 900 associates at 33 locations, 18 in Ontario.

The service and rental departments can be reached at 519-624-4380. The service department is open seven days a week, closing from Saturday at 4 p.m., and reopening Sunday at 11 p.m. The rental office is open from 7 a.m. to 6 p.m. Monday through Friday, and is available on Saturday from 7 a.m. until 3 p.m. and on Sunday from 7 a.m. until noon.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture of Penske Corporation and General Electric. A leading global transportation services provider, Penske operates more than 200,000 vehicles and serves customers from more than 1,000 locations in North America, South America, Europe and Asia. Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, transportation and warehousing management, and supply chain management solutions. Visit to learn more about the company and its products and services.