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Penco Products, Inc. · Oaks, PA United States

Company Description

99 Brower Ave.
Oaks, PA
19456
United States (Map)
Phone: 610-666-0500
Fax: 610-666-7561
Toll Free: 800-562-1000
    View Penco Products, Inc. Locations On A US MapThis link will open in a new window
    Penco Products has got your storage solution. The company makes industrial furniture and storage items, including cabinets, carts, lockers, pallet racks, work benches, and shelving. It also offers a line of hygiene products that includes deoderizers, soap dispensers, and floor mats, among other products. Penco's customers include industrial, service, governmental, and institutional organizations throughout the US. The firm operates manufacturing facilities in North Carolina, Pennsylvania, and Utah. Founded in 1869 as the Penn Metal Corporation of Pennsylvania, the firm is owned by Pennsylvania-based Industrial Manufacturing Company. To read the full description, subscribe now.
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    Key Penco Products, Inc. Financials

    Company TypePrivate

    Headquarters
    Fiscal Year-EndApril
    Employees550

    Penco Products, Inc. Executives

    5 executives listed for Penco Products, Inc.'s Oaks, PA location.
    TitleName & BioContact
    President and CEOGregory GroganNetwork
    VP FinanceCharles McBrideNetwork
    VP Human ResourcesCheryl PeelNetwork

    Competition

    Competitive Landscape for Penco Products, Inc.
    The volume of home furniture sold depends heavily on the level of home sales, while office furniture sales depend on the health of the US economy. The profitability of individual companies is closely linked to volume, since many costs are fixed. Small companies can compete effectively if they produce specialty items or high-quality workmanship that can sell for a premium price. Imports are a major competitive factor, totaling more than $26 billion a year, and many US manufacturers have factories overseas, where labor and production costs are lower than in the US. Foreign competition and production overcapacity have combined to keep prices low. Additionally, despite automation, the made-to-order nature of much of the business means that the industry is fairly labor-intensive: average annual revenue per worker is around $250,000. To read the full description, subscribe now.
    Top Penco Products, Inc. Competitors
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