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One of the Fastest Growing Private Companies in LA
CITY OF INDUSTRY, California – December 15, 2005 – Utility Trailer Manufacturing Company (www.utilitytrailer.com), a leading manufacturer of dry freight vans, flatbeds, refrigerated vans, and Tautliner® curtainsided trailers, is pleased to announce that it has been recognized by the Los Angeles Business Journal as one of the fastest growing private companies in Los Angeles in 2004. Reflecting its strong performance as the number one refrigerated trailer manufacturer in the U.S., and the number three trailer manufacturer worldwide, Utility Trailer's revenue grew 73.5% for the three year period ending in 2004. The Company is on track for another record setting year in 2005. Utility Trailer Manufacturing Company was founded in 1914 by two brothers, E.W. and H.C. Bennett, and has had a major part in the industrial growth of the United States. From its humble beginnings in Los Angeles, through both World Wars, post-war growth, and into the 21st century, the Company which first started building trailers around the time Henry Ford introduced the assembly line, continues to build trailers to this day. “From the beginning our business has been building trailers, and we still embrace the values and vision expressed by E.W. and H.C. in the early 20th century as we conduct business in the early 21st century,” stated Hal Bennett, President Utility Trailer. “While we have grown to over 3,500 employees and have five plants around the country, our focus and those initial ideals have remained the cornerstone of how we conduct business each day.” “Utility has a well-established reputation of designing and producing highly productive trailers,” said Craig Bennett, Senior Vice President Sales and Marketing, Utility Trailer. “Our 4000D-X thin wall-trailer is the latest example in a long line of innovations that exemplify the pioneering solutions that have kept us strong for 90 years.” Utility Trailer Manufacturing Company produces dry vans, refrigerated trailers, flat beds and Tautliner's. Sold throughout North America by a network of 100 independent dealers, the company's trailers can be seen daily on virtually every highway in the U.S., Canada and Mexico safeguarding the goods and materials that keep the economy running.