Penso creates 100 jobs over the next three years as part of expansion

Development engineers Penso are on target to create another 100 skilled jobs over the next three years as part of its expansion.

The Coventry-based company, which works with the some of the world’s biggest vehicle brands, currently employs 140 staff and is looking to expand due to increased client demand.

Louise Bennett, the chief executive of the Coventry and Warwickshire Chamber of Commerce, said the company is a great example of the high-end work taking place in the region.

“We do have a fantastic manufacturing and engineering base across Coventry and Warwickshire and there are few better examples of that than Penso,” she said.

“I am sure Penso will be catching the attention of those in Westminster when they are looking for great examples of what UK businesses can do.”

The Chamber recently announced a partnership with EEF, MAS and UKTI to give support to the manufacturing and engineering sectors across the city and county.

The company’s expansion has also been assisted by funding through the Advanced Manufacturing Supply Chain Initiative (AMSCI).

Penso’s sales director Michael Collins “This initiative was introduced to us in 2012 and it has had amazing results – we are two years ahead of where we wanted to be because of this support.”