Pennar Industries and its subsidiary Pennar Engineered Building Systems (PEBS Pennar) are intending to set up a 50:50 Joint Venture (JV) in United States of America to supply their goods and services. The Joint Venture will help both the companies to increase their addressable market and contribute to an increase in Revenue & Profitability.
Pennar is one of India’s leading industrial organizations offering specialized, engineering steel solutions. The company is a multi-location, multi-product company manufacturing cold rolled steel strips & tubes, cold rolled formed sections, electrostatic precipitators, pre-engineered building systems, sheet metal components and road safety systems.
