Penn is a renowned brand in the United States known for its high-quality sporting goods and equipment. It was founded in 1932 by Otto Henze, an immigrant from Germany, with the goal of manufacturing and distributing fishing tackle products. Headquartered in Iowa, Penn has become a leading player in the sporting goods industry.

Penn offers a wide range of products and services catered to fishing enthusiasts. Its main offerings include fishing rods, fishing reels, and accessories such as lines, baits, and tackle boxes. The company is known for its innovative designs and use of advanced materials, ensuring durability and performance.

With a strong domestic presence, Penn has also expanded its operations globally. It has established subsidiaries in various countries, including Canada, Mexico, Japan, and Australia, allowing it to reach and meet the demands of customers worldwide. Additionally, Penn has formed partnerships and joint ventures with local distributors in key markets, strengthening its distribution networks and brand recognition.

In terms of market position, Penn enjoys a significant share of the global fishing equipment industry. It competes with notable companies such as Shimano and Abu Garcia. Despite facing fierce competition, Penn's reputation for quality and innovation has helped it maintain a strong position in the market.

Over the years, Penn has achieved numerous milestones and accolades. It has received multiple awards for its product excellence, including the prestigious ICAST Best New Saltwater Reel award. These achievements showcase Penn's commitment to providing cutting-edge products to its customers.

As of the latest information available, Penn continues to thrive as a leading provider of fishing tackle products. The brand regularly updates its product lineup to incorporate the latest technology and customer feedback. Its dedication to quality and customer satisfaction has allowed Penn to maintain its status as a trusted and highly respected brand in the sporting goods industry