Strong Industry Presence Penco Products is a leading supplier in the North American retail office equipment market, with over 151 years of experience in designing and manufacturing high-quality storage solutions, indicating a well-established customer base and brand reputation.
Innovation & Expansion The company’s recent partnership with Spot Inc. to develop customized TMS solutions and the launch of internal platforms like Project Hedgehog demonstrate their focus on technological innovation and enhancing operational efficiency, presenting opportunities for sales of related tech solutions.
Financial Stability With annual revenues estimated between $100 million and $250 million, Penco shows strong financial health, making it a viable prospect for investments in new storage, shelving, or automation products that support their ongoing growth.
Leadership Transition Recent leadership changes, including the appointment of Tom Kulikowski as chairman after serving as president and CEO, suggest strategic shifts that may open doors for targeted business discussions around modernization or service improvements.
Market Recognition Receiving the Pitt County Industry of the Year award highlights Penco’s community standing and industry relevance, indicating potential for localized partnerships or supply chain enhancements within their regional operations.