No need to go all the way down to the well for your oil and gas info. PennWell Corporation publishes 45 business-to-business titles, including Oil & Gas Journal, Dental Economics, and Hydro Review. It also conducts conferences and events; publishes websites, books, maps, and directories; and offers research and database services. While its core industry remains oil and gas, PennWell also covers topics such as electronics, fire services, aerospace and defense, technology, and dental. The firm was founded as the Petroleum Publishing Company in 1910 when P.C. Boyle purchased The Oil Investor's Journal (later renamed Oil & Gas Journal). It was renamed PennWell in 1990 to reflect its growth beyond petroleum brands.
The company began in Tulsa, Oklahoma, and maintains its headquarters there, but has grown in geographic scope. Its domestic offices include locations in Nashua, New Hampshire; Houston; Mountain View, California; and Fairlawn, New Jersey. PennWell additionally has international offices in London, Moscow, and Hong Kong.
Though PennWell is not exactly a household name, the publisher's titles are well-known among the business sectors it covers. The company's operations generate enough cash to allow for acquisitions of complementary businesses. In 2012 it purchased Elsevier Public Safety Group, whose holdings include flagship magazine JEMS (Journal of Emergency Medical Services), the EMS Today Conference & Exposition, and FireRescue magazine, among other media assets.
In 2011 the company acquired the Ft. Worth-based mapping products developer eMarket Software for an undisclosed amount. The deal broadens PennWell's MAPSearch geographic information systems (GIS) business providing web-based mapping for its clients in the electric power, natural gas, petroleum, and renewable energy industries.
In 2010 PennWell acquired Fire Apparatus & Emergency Equipment magazine and the website FireMagazine.com. It made the deal to add to its other fire-related products, which include Fire Engineering, FireEngineering.com, the Fire Engineering University, and the Fire Department Instructors Conference (FDIC).
PennWell celebrated its 100th anniversary in 2010. To commemorate the milestone, it published a book called the 100 years of Business Information Excellence. The company can trace its lineage through four leaders. Current PennWell CEO Robert Biolchini is the son-in-law of P.C. Lauinger, who ran the company for nearly 60 years until his death in 1988. Lauinger's father-in-law, Frank T. Lauinger, was the previous head, who took control from founder P.C. Boyd. – less