One of the greatest success stories in the history of fishing tackle is the Penn Fishing Tackle Manufacturing Co. of Philadelphia, Penn. Founded by Otto Henze in the teeth of the great depression, Henze revolutionized the field of saltwater angling, making the sport affordable for the working man by creating brilliantly simple and rugged fishing reels that would stand up to generations of use. Here, for the first time ever, Penn reel historian and collector Michael Cacioppo takes you through the history of Penn year by year, from its founding in 1932 through its 25th anniversary year of 1957.
The Penn Fishing Tackle Manufacturing Company was founded in Philadelphia, Penn. in 1932 by Otto Henze, a German immigrant who came to America in 1922. He became a machinist at the Ocean City Manufacturing Co., where he learned the art of reel making. In retrospect, you could not have picked a worse time to start a company in American history. The Great Depression was in full swing; the Gross National Product fell 13.4% that year alone, the biggest drop in American history, and unemployment soared to over 25%.
Ever since Otto Henze founded the PENN Fishing Tackle Company in 1932 we have been at the forefront of modern reel design and production. We pride ourselves on the fact that millions of experienced anglers around the world put their faith in using PENN products every day.
German immigrant Otto Henze started Penn Fishing Tackle Manufacturing Company in 1932 on the third floor of a machine factory. The firm has distributors in all fifty states and the District of Columbia. The company also distributes its products through the Internet. Penn Fishing Tackle Manufacturing Company manufactures and markets fishing reels, rods, downriggers, hooks, lines, tackle storage...