PennEngineering on Forbes Top 200 List
November 15
00:00
2001
PennEngineering on Forbes Top 200 List
John Wolz
Forbes magazine named PennEngineering to its 200 Best Small Companies in America list.
Rankings are based on profitability, sales and earnings growth and return on equity.
PennEngineering ranked #176 on the list this year. PennEngineering was on the list in 1996 and 1998.
Founded in 1942, Danboro, PA-based PennEngineering manufactures self-clinching and broaching fasteners, threaded inserts, fastener-installation presses, rivets and other products.
Fastener and electronic hardware distributor Arconix Group is a subsidiary.
PennEngineering has 1,350 employees and sales totaled $264 million in 2000.\
�2001 FastenerNews.com
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