Pennco Tool & Die

Name

Pennco Tool & Die

Legal name

Pennco Tool & Die, Inc.

Website

https://penncotool.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Precision Machining and Tool & Die Manufacturing

NAICS

Special Die and Tool, Die Set, Jig, and Fixture Manufacturing (333514)

SIC

Machine Tools, Metal Cutting Types (3541)

akta.pro primary industry

Metal Cutting Tools, Tooling & Workholding (Cutters, Inserts, Chucks, Fixtures) (IMAHADAB)

akta.pro secondary industry

CNC Machine Tools (Turning, Milling, Machining Centers) (IMAHADAA)

Keywords

• Precision machining services
• Tool and die manufacturing
• CNC milling services
• EDM machining services
• Custom tooling fabrication

Headquarters

HQ city

Meadville

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Precision Machining Services: Custom precision machining services including CNC milling, turning, EDM, and grinding for tool & die, automation, and production applications. Services range from low-volume close-tolerance spare tooling to high-volume production parts.
2. Tool & Die Manufacturing: Custom tooling, dies, gauges, fixtures, and assemblies. Includes carbide and steel machining to tolerances as tight as ±.00005 inches.
3. Firearms/NFA Manufacturing: PTD Arms LLC division manufactures National Firearms Act items including suppressors, short-barreled rifles, short-barreled shotguns, machine guns, components, and accessories under Type 7 FFL and Class 2 SOT licenses.
4. Production Parts: High-volume production parts manufacturing for various industries including medical, automotive, aerospace, defense, and firearms.
5. Prototyping Services: Low-volume production runs and prototyping services allowing customers to test new designs or meet short-term manufacturing needs.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Pennco Tool & Die is a custom precision machining and tool & die manufacturer producing close-tolerance tooling, dies, gauges, fixtures, assemblies, and machined components in both carbide and steel. The company operates two facilities one mile apart totaling 25,000 square feet with 15 departments, offering CNC 5-axis milling, CNC turning, wire EDM, sinker EDM, surface grinding (±.00005"), jig grinding, high-speed milling (2 micron tolerance), and CNC small-hole drilling. It also manufactures National Firearms Act items through subsidiary PTD Arms LLC.

Product overview

Pennco Tool & Die operates as a dual-location precision machining company offering tool & die manufacturing and CNC machining/fabrication services. The company consists of two distinct operations: the Tool & Die location specializing in precision tooling, dies, gauges, fixtures, and assemblies with capabilities in EDM, grinding, and machining; and the Mill-Turn-Fab location focused on CNC milling, turning, and high-speed machining. The company also operates PTD Arms LLC as a federal firearms manufacturing division. With 15 departments across two facilities totaling 25,000 square feet, Pennco serves as a one-stop shop for precision machining needs from low-volume prototype tooling to high-volume production parts.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Tolerances as tight as ±.00005 inches achievable on surface grinding
• +2 more outcomes

Segments11 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

One partnership is on record.

• NTMA NWPA (National Tooling and Machining Association - Northwestern Pennsylvania Chapter)minorOthersPennco Tool & Die is a proud member of the NTMA NWPA chapter, providing industry recognition, networking opportunities, and association with the precision machining and tool & die industry community.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Sturges Manufacturing: Precision machining and assembly shop serving aerospace, defense, and industrial OEMs with multi-axis CNC capabilities. Comparable in regulated, high-tolerance contract work.
• Owens Industries: Full-service precision machining and tool & die shop offering CNC milling, turning, EDM, and grinding across multiple industries. Closest comparable in scale, capability mix, and job-shop go-to-market.
• Cox Manufacturing Company: Precision machining job shop specializing in close-tolerance components for aerospace, defense, medical, and industrial customers. Comparable in tolerance-driven, multi-vertical positioning.
• Dynacraft: Custom precision CNC machining and assembly provider serving aerospace, defense, medical, and industrial markets. Comparable in high-mix, tight-tolerance contract manufacturing.
• Midwest Precision Machining: CNC precision machining and assembly job shop serving aerospace, defense, medical, and industrial OEMs. Comparable in AS9100D-certified, multi-axis machining services.
• Apollo Precision Machining: Precision CNC machining and assembly provider focused on tight-tolerance aerospace, defense, and medical components. Comparable in multi-axis capability and regulated vertical mix.

Others

• MSC Industrial Direct: Large industrial distributor of metalworking tools, MRO supplies, and machining consumables. Adjacent ecosystem participant that supplies job shops like Pennco but does not perform contract machining.

Broad incumbents

• Kennametal: Global metalworking tooling and consumables manufacturer with adjacent presence in tooling and machining services. Comparable only at the tooling/workholding adjacency level — a much larger incumbent, not a direct competitor.
• Sandvik Coromant: Global supplier of metal cutting tools and tooling solutions serving machining industries worldwide. Encompasses Pennco's operating environment but does not compete in contract machining services.

Regional players

• NTMA Member Job Shops: Network of independent US tool & die and precision machining shops that share the same NTMA membership ecosystem and compete for similar RFQs. Comparable in capability set, differentiated by region and customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/penncotoolanddie
• LinkedInlinkedin.com/company/pennco-tool-die
• Xx.com/pennco3

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pennco Tool & Die