Synthesis of proteins such as nerve growth factor (NGF) is induced after nerve lesion. The NGF precursor (pro‐NGF) requires a posttranslational processing by proprotein convertases to become active. In this report, we re‐examine the localization of NGF protein and mRNA in injured nerve and show that the candidate pro‐NGF convertases furin and PC7 colocalize with NGF in non‐neuronal cells in nerve. By Northern blot analysis, 1.5‐kb and 1.3‐kb NGF mRNAs were shown to be increased in distal and immediately proximal nerve segments on days 1, 4, and 14 after lesion; by Western blot analysis, NGF proteins of high molecular weight were detected after injury. In vivo, two phases of NGF immunopositivity were observed, in macrophages and perivascular cells shortly after lesion and in endoneurial cells on day 1 and 4. To identify the cells containing NGF, nerve segments were incubated in serum‐containing medium with or without conditioning by white blood cells isolated from the circulation. Both hybridization and immunoreactivity signals for NGF were elevated after incubation of nerve segments for 4 hours in conditioned media, so that cells with NGF immunoreactivity could be identified by antibodies to specific cell markers. In these nerve fragments, Schwann cells, perivascular smooth muscle cells, and macrophages contained NGF immunoreactivity. The concentration of furin and PC7 mRNA also increased in lesioned nerves. By immunocytochemical investigation of nerve explants, furin and PC7 were detected in endoneurial cells, macrophages and perivascular cells and were colocalized with NGF. These in vitro and in vivo findings suggest that both furin and PC7 are associated with NGF in several cell types of the sciatic nerve and, hence, may be implicated in intracellular processing of pro‐NGF. J. Comp. Neurol. 403:471–485, 1999. © 1999 Wiley‐Liss, Inc.