Corporate Development team explores new growth avenues for
PennEngineering. The Company is very active in acquiring new
technologies, product lines, smaller privately owned companies,
and joint ventures worldwide.
Corporate Development team maintains contact with an extensive
network of leads, ranging from brokers and bankers in the
investment banking community to lawyers, accountants, consultants
and local banks. The Merger and
Acquisition Statement is regularly updated to reflect
the strategic needs of the corporation and its operating companies.