OTCM
PNNX
Market cap163kUSD
Jul 09, Last price
0.01USD
1D
0.00%
IPO
25.00%
Name
Pennexx Foods Inc
Chart & Performance
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Profile
Pennexx Foods, Inc. specializes in supplying pre-packaged, retail-ready meat products to grocers and other food retailers situated across the central and northeastern United States. Its core operations involve the precise cutting, processing, and packaging of various meats, including beef, pork, lamb, and veal, all prepared for direct sale. Distribution of these goods to roughly 900 retail outlets is facilitated by independent trucking networks. Despite this extensive retail presence, the firm's regular customer base primarily comprises fewer than fifteen major supermarket and wholesale club chains. Pennexx faces significant market competition from Excel, a subsidiary of Cargill, Incorporated. This Philadelphia, Pennsylvania-based company was established in 1999.
Valuation
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