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PENCO PRODUCTS HOLDS DEDICATION AND EXPANDED MANUFACTURING CEREMONY

PENCO PRODUCTS HOLDS DEDICATION AND EXPANDED MANUFACTURING CEREMONY
 What: Penco Products dedication and expanded manufacturing
 ceremony.
 When: Thursday, Oct. 1, at 10 a.m.
 Where: At the Penco Plant, Brower Avenue, Oaks, Pa., (three miles
 west of Valley Forge, Pa.)
 Who: Penco Products, a leading national maker of steel storage
 products, and a subsidiary of Top 100 Philadelphia
 Business, Vesper Corporation.
 Details:
 Area manufacturer, Penco Products, one of a few companies in the Delaware Valley bucking the trend of slow manufacturing growth, is expanding its capabilities to aggressively pursue national markets for its full line of work and storage area products.
 At the upcoming dedication of the Oaks Plant, Penco will unveil its new High-Performance Shelving Line, the end product of the company's recent acquisition of machinery and tooling from the former Hallowell Industries, Inc., of Hatfield, Pa. The product is expected to increase Penco's revenues by as much as 20 percent annually.
 A demonstration of the equipment making Penco High-Performance Shelving will offer an interesting visual. Other recent measures increasing Penco's leadership role in the industry include:
 -- April 1990, purchase and ongoing operation of a manufacturing plant in Vicksburg, Miss., increasing Penco's abilities to service southern and western markets;
 -- 1991 hire of current President Arthur M. Muti; and
 -- Employment of personnel and practices that have enabled Penco to bring continued new product ideas to the market.
 CONTACT: Phil Krugler of Penco Products, 215-666-0500.
 /delval/
 -0- 9/22/92


CO: Penco Products ST: Pennsylvania IN: SU:

JS-MJ -- PH008 -- 2092 09/22/92 10:28 EDT
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Publication:PR Newswire
Date:Sep 22, 1992
Words:255
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