June 2011 - CPI Celebrates 20 Successful Years of Employee Ownership | Chatsworth Products
CPI Celebrates 20 Successful Years of Employee Ownership
 

WESTLAKE VILLAGE, California, US - June 2011 - Chatsworth Products, Inc. (CPI), a global manufacturer providing voice, data and security products and service solutions that optimize, store and secure technology equipment is celebrating 20 years of employee ownership June 27th, 2011. Celebrations were held on June 24th, 2011 to recognize and reflect on the achievements and successes of CPI over the past 20 years.BIG banner 20th

The exciting 20 year anniversary marks over 1,000% sales growth since inception, an unparalleled increase in product offerings and selection, as well as CPI's strong international presence in multiple regions all over the world.

Chatsworth Products, Inc. began as a result of a buyout from a Fortune 500 company when the original employees came together to purchase the operation, adopting an Employee Stock Ownership Plan (ESOP) in the process. As a result, on June 27, 1991 Chatsworth Products, Inc. began new life as a 100% employee owned company.

Through its Employee Stock Ownership Plan (ESOP) structure, all employees of CPI become beneficial owners. Such ownership, combined with CPI's inclusive and participatory culture, motivates employees to think and act like owners, creating a strong commitment to the attainment of an ultimate and core purpose: delighting the customer.

CPI adapted to employee ownership with such ease that just two years after inception, the California Chapter of the ESOP Association recognized CPI as the ESOP Company of the Year. CPI was again so honored in 2008.

As CPI prepares to enter its third decade as an ESOP company, employees reflect with a sense of gratitude and pride at the success and growth that has been experienced during their first two decades. Fueled by employee ownership, CPI has grown from a single location serving the domestic U.S. market to a global company serving multi-national and international customers from locations in Westlake Village and Chatsworth, Calif; Georgetown, Texas; New Bern, N.C.; Mexico City, Mexico, Buckinghamshire, England; Pudong, Shanghai, China; and Dubai, United Arab Emirates.

CPI's continued success is directly attributed to the effort put forth by each and every employee-owner. CPI's pride of ownership and mutual trust and respect felt for one another is reflected in the company's motto: We're All in This Together.

About Chatsworth Products 
At Chatsworth Products (CPI), it is our mission to address today’s critical IT infrastructure needs with products and services that protect your ever-growing investment in information and communication technology. We act as your business partner and are uniquely prepared to respond to your specific requirements with global availability and rapid product customization that will give you a competitive advantage. At CPI, our passion works for you. With over two decades of engineering innovative IT physical layer solutions for the Fortune 500 and multinational corporations, CPI can respond to your business requirements with unequaled application expertise, customer service and technical support, as well as a global network of industry-leading distributors. Headquartered in the United States, CPI operates from multiple sites worldwide, including offices in Mexico, Canada, China, the United Arab Emirates and the United Kingdom. CPI’s manufacturing facilities are located in the United States, Asia and Europe.

CPI is listed with the General Services Administration (GSA) under Federal Supply Schedule IT 70. Products are also available through GSA Advantage and through Government Wide Acquisition Contracts (GWACs), including GSA Connections and NITAAC-ECS III (www.chatsworth.com/gov).

More Information
www.chatsworth.com
info@chatsworth.com
800-834-4969

Media Contact
Shannon Erdley
Public Relations Specialist
serdley@chatsworth.com
252-635-4264

©2016 Chatsworth Products, Inc. All rights reserved. Chatsworth Products, CPI, CPI Passive Cooling, eConnect, MegaFrame, Saf-T-Grip, Seismic Frame, SlimFrame, TeraFrame, GlobalFrame, CUBE-iT PLUS, Evolution, OnTrac, QuadraRack and Velocity are federally registered trademarks of Chatsworth Products. Simply Efficient, Secure Array, EuroFrame and Clik-Nut are trademarks of Chatsworth Products. All other trademarks belong to their respective companies.