PENCOM Company Profile

Background

Overview

Founded in 1982, PENCOM (Peninsula Components, Inc.) specializes in providing component solutions to Original Equipment Manufacturer (OEM) design engineers. As a privately held corporation, PENCOM has developed a proactive management style, enabling quick and informed decision-making to support customer needs. The company's mission is to be the world's leading solutions provider in mechanical and fabricated components, offering inventory management solutions that localize inventory, increase inventory turns, lower inventory exposure, and reduce inventory management costs.

Global Presence

PENCOM operates over 25 logistics sites across North America, Central America, South America, Europe, and Asia, ensuring a robust global footprint to serve a diverse clientele.

Key Strategic Focus

Core Objectives

Component Solutions: Providing standard and custom mechanical hardware, including captive screws, standoffs, spacers, and inserts for plastics.

Inventory Management: Implementing solutions that localize inventory, increase inventory turns, and reduce management costs.

Supply Chain Management: Offering technical product support, global manufacturing, localized inventory logistics, supply base consolidation, and automated inventory management.

Primary Markets

PENCOM serves a multitude of industry sectors, including automotive, aviation, clean energy, and medical supplies.

Financials and Funding

Revenue

As of December 2024, PENCOM's annual revenue reached $750 million, indicating solid financial health and capacity for large-scale partnerships and transactions.

Funding History

PENCOM raised a total of $2 million in funding over one round.

Technological Platform and Innovation

Manufacturing Capabilities

PENCOM operates manufacturing facilities equipped with advanced machinery:

Dongguan, China: Established in 2005, this 64,000 square-foot facility is ISO 9001, ISO 14001, and ISO 45001 certified, housing over 100 machines and employees.

Nogales, Mexico: A 58,000 square-foot precision CNC manufacturing center, ISO 9001 and AS9100 certified, offering precision turning and milling of various materials.

Rockwall, Texas: Acquired in 2025, this 21,300 square-foot facility specializes in communications, aerospace, and defense components, with advanced 4th and 5th axis machining capabilities.

Inventory Automation

With the acquisition of Visible Inventory in 2005, PENCOM became a leader in inventory automation, offering remote inventory monitoring and supply base consolidation.

Leadership Team

Onawoga Temilade: Chief Executive Officer

Chris Buettner: Chief Operating Officer

Michael Gray: Chief Commercial Officer

Gregg Summers: Director of Product Development

Jennifer Mann: Director of New Business Development

Competitor Profile

Market Insights and Dynamics

The industrial machinery manufacturing industry is characterized by a competitive landscape with several key players offering similar products and services.

Competitor Analysis

PennEngineering: A Pennsylvania-based company manufacturing and distributing products such as nuts, standoffs, and studs for sectors including aerospace and automotive.

Ma Labs: A competitor in the industrial machinery sector with an estimated revenue of $253.3 million and 1,201 employees.

ASI: Another competitor with 500 employees and a revenue of $370.3 million.

Strategic Collaborations and Partnerships

Acquisitions

Integrated Defense Products (IDP): Acquired in 2025, enhancing PENCOM's manufacturing expertise and strengthening its ability to provide OEM design engineers with efficient, cost-effective solutions.

Operational Insights

Competitive Advantages

Global Manufacturing and Localized Inventory: PENCOM's "Manufactured globally, supplied locally" philosophy provides customers with low-cost global manufacturing and localized inventory.

Inventory Automation: Leading in inventory automation through the acquisition of Visible Inventory, offering remote inventory monitoring and supply base consolidation.

Strategic Opportunities and Future Directions

Expansion

The acquisition of Integrated Defense Products (IDP) in 2025 positions PENCOM to expand its capabilities in precision machining and manufacturing, particularly in the aerospace and defense sectors.

Innovation

Continued investment in inventory automation and supply chain management solutions to enhance efficiency and customer satisfaction.