The Company started operating in May 1980, initially as PENTA STEEL PRODUCTS, INC. primarily selling various steel products to mining companies and other major industrial users of steel products.
Initially, the major customers of the Company were Atlas Consolidated Mining & Development Corporation, Sabena Mining Corporation, and Benguet Corporation.
Because of the slump the mining industry experienced in the years 1984 to 1985, the Company did not operate in 1986 and 1987. Late in 1986, new shareholders took over, and by early 1987, the new company was established.
In the latter part of 1987, the Company, now known as PENTA TECHNOLOGICAL PRODUCTS, INC., made preparations to operate with actual sales activities programmed before the end of the first half of 1988.
Contracts with sources of supply actually began in December 1987 involving suppliers of tool steels. This culminated in being appointed as exclusive distributor for the Philippines by Thyssen Stahl AG of Germany for their products namely:
LONG PRODUCTS SPECIAL METALS
BRIGHT STEELS MAGNETS
HIGH SPEED STEELS FERRO– TITANIT
An initial order valued at DM 50,807.00 was made. Thereafter, successive orders were made to build up the company’s inventory and stock availability for local customers.
Extensive marketing efforts of Penta’s highly qualified and experienced sales officers and staff have given wide and favorable acceptance of Thyssen products in the local industry. Penta now has the major share of the market and is the leading distributor of these products locally.
In 2007, in a bold move to further strengthen its position, the company moved into a PEZA (Philippines Export Processing Zone Authority) area, the Laguna Technopark in Biñan, Laguna.
Today, Penta can boast of having many industry leaders among its clientele:
Aichi Forging Company of Asia
Light Rail Transit Authority
Fujitsu Die Tech Corporation of the Philippines
Metro Container Corporation
Roberts Automotive & Industrial Parts Mfg.
Deco Machine Shop, Inc.
Moog Controls Corporation Philippine Branch
Aikawa Philippines, Inc.
Star Plastic Products, Inc.
Supermolds Philippines, Inc.
K & K Central Mold, Inc.
Cofta Mouldings Corporation
United Container Corporation
Philtop Industries, Inc.
Century Container Corporation
Ramcar Technology, Inc.
Toyota Autoparts Philippines, Inc.
Calco Industries, Inc.
Sankei Philippines, Inc.
Filipinas Agri-Milling Corporation