Energy & Power

EAST PENN MANUFACTURING COMPANY

Company Profile Analysis

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EAST PENN MANUFACTURING COMPANY - Energy & Power showcase

Year Founded & Workforce

1945-12-31

Industry

Energy & Power

Services

E

EAST PENN MANUFACTURING COMPANY Overview

Company Headquarters: Pennsylvania, USA

Founded: 1946

Workforce: ~NA

Company Working: East Penn Manufacturing Company (East Penn) is a family-owned company that operates one of the largest single-site, lead-acid battery, and accessory manufacturing facilities, located in rural Berks County, PA. The corporation has a large distribution network in North America, as well as additional activities, facilities, and customers all around the world. East Penn operates a vast 520-acre single-site battery manufacturing complex in Berks County, Pennsylvania, featuring the most modern facilities in the industry. To meet widespread development, the company also operates a factory in Corydon, Iowa. East Penn's distribution network spans the United States and Canada, with 89 warehouse and distribution facilities. Berks County offices are just a few miles away from the company's core center in Topton, Pennsylvania. Over 750 tractors, vehicles, and trailers form a network for product distribution and battery reclamation.

Strategy

East Penn Manufacturing Company’s strategy principally focuses on investing in growth prospects with a strong focus on returns in the battery areas. The goal of the investment strategy used to manage the assets of pension plans is to achieve a reasonable rate of return while taking on a manageable amount of risk, as well as to provide enough liquidity for benefit payments and portfolio management. Assets in the company’s pension plans are diversified across asset classes, investment managers, and individual holdings as per policy. It also continues to strengthen ESG-related efforts. The strategy model that the corporation has adopted is still based on the idea that accelerating general decarbonization initiatives can coexist with the production of batteries.

Company Snapshot

1945-12-31

Founded

Pennsylvania, USA

Headquarters

SWOT Analysis

Strengths

  • State-of-the-art manufacturing facility
  • Strong capabilities in R&D

Weaknesses

  • Limited market expansion as compared to competitors

Opportunities

  • Expansion of industrial base in developing markets
  • Strategic expansion

Threats

  • Fluctuating raw material prices
  • High competition from the global players

Key Developments

DateApproachDevelopment
August 2019Mergers and AcquisitionsEast Penn Manufacturing Company acquired Navitas Systems (US), which helped it provide its battery and energy storage system solutions to customers in the global market.
April 2019ExpansionNavitas Systems LLC, a subsidiary of East Penn Manufacturing Company, opened its new R&D and manufacturing facility in Michigan, the US for the production of Starlifter lithium material handling battery. This helped it to expand its presence in the battery management system (BMS) market in the country.
December 2016Contracts and AgreementsNavitas Systems LLC, a subsidiary of East Penn Manufacturing Company, signed an agreement with the Defense Logistics Agency (US) for the deployment of Starlifter lithium forklift battery in New Cumberland, Pennsylvania.
DevelopmentAcquisitionEast Penn acquired Navitas Systems is a global leader in larger-format lithium battery technology and systems for heavy-duty commercial/industrial as well as government/defense market segments. With this acquisition, East Penn can more quickly grow its selection of golf cart batteries and strategically integrate into new markets. This innovative new project fits nicely with East Penn's current objectives to offer the broadest selection of efficient energy storage system solutions.

Product Offering

  • East Penn Manufacturing Company
    • Golf Cart Battery

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About the Author

Wantstats Research Team

Wantstats' research desk profiles EAST PENN MANUFACTURING COMPANY as part of our ongoing coverage of the Energy & Power sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
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Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

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