Penton (company)
Penton is an information services and marketing company. The company's three largest revenue streams come from events, digital and marketing services. Although Penton had a long history (see below) as a trade publisher, in 2014 it reported that 45 percent of its EBITDA derived from digital products, 34 percent from events, and 21 percent from print. The main industry segments served by Penton include agriculture, transportation, natural products/food, infrastructure, and design and manufacturing.
The company is descended from Penton Publishing, founded by John Penton in 1904 to bring together production of several trade magazine titles, including Foundry, which he had created in Detroit in 1892.
Penton's global headquarters had been in the Penton Media Building in Downtown Cleveland, Ohio since 2000. However, after the Penton/Prism merger, the company is now headquartered in New York City, although it continues to maintain offices in Cleveland and other U.S. cities, with an employee base of approximately 1,350 people.