PennEngineering, headquartered in Danboro, PA and founded in 1942, is a global leader in fastening solutions and the parent of PennEngineering, PennEngineering Automotive Fasteners and 3V® Fasteners Company, Inc. PennEngineering companies provide fastener and fastener installation design and product solutions worldwide for diverse industries, including electronics, computer, data/telecom, medical, automotive, marine, aircraft, and general manufacturing. The Company develops and manufactures PEM® fasteners, SI® inserts, Atlas® blind threaded inserts, PEMSERTER® automatic and manual fastener-installation presses and 3V™ precision aircraft and aerospace fasteners.