About Panasonic Corporation of North America
Newark, New Jersey- based Panasonic Corporation of North America (PNA) is a leading technology partner and integrator to businesses, government agencies and consumer across the region. The company oversees the North American operations of Japan's Panasonic, one of the world's leading electronics firms. PNA makes and sells consumer products (e.g., home and kitchen appliances, cameras, men's shavers), business products (scanners, phone systems), and industrial electronics products (computer components, semiconductors, appliance motors) under the Panasonic. The company also offers diverse services such as content management and creation, internet of things connectivity, engineering and design, project management, enterprise IT storage, and smart city planning.
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PNA serves a wide range of industries including automotive, avionics, building & construction, education, energy & utilities, food services & hospitality, manufacturing, government & public safety, and transportation & logistics, among others.
Panasonic Corporation of North America's (PNA) parent company, Panasonic, announced new initiatives for fiscal 2021.
In Automotive Batteries, the company aims to achieve sustained profitability by improving productivity at its North America factory for cylindrical batteries and aim to further boost profitability with the introduction of new technology. The company has also decided to invest in the expansion of production capacity through fiscal 2022.
In 2010 Panasonic pointed Joseph Taylor lead PNA. The selection of an American to run the company is seen as a sign that Panasonic wants its US arm to exercise more autonomy.
Panasonic and PNA are looking to put some distance between themselves and the worldwide financial crisis, which spelled trouble as consumer demand for their products plunged and price competition increased. Despite declining revenues in 2009 and 2008 -- and plummeting profits in 2009 -- the electronics giant continued to invest substantial sums in R&D to bring future generations of products to market.
Established in New York City in 1959, Panasonic Corporation of North America was known as Matsushita Electric Corporation of America until 2005 when its company name was changed to strengthen its connection to the brand.
2 Riverfront Plz Ste 200
Newark, NJ 07102-5490
Phone: 1 (201) 348-7000
Employer Type: Privately Owned
Chairman and CEO: Tom Gebhardt
Employees (This Location): 2,000
Employees (All Locations): 13,000
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