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 units and accessories. The company offers replacement parts and repair services on its products. PFTMC also markets an apparel line that includes hats, sweatshirts, T-shirts, button downs and outerwear. PFTMC holds at least one patent for the O. Henze Fishing Reel invented in 1933.