CPI Celebrates 30 Years of Employee Ownership
June 30, 2021
Do you remember the 90s?! How about 1991? We sure do. The World Wide Web officially launched (to the public), Bryan Adam's hit, "Everything I Do, I Do It for You," played continuously on the radio and children around the world packed movie theaters to watch "Home Alone" during the holidays.
While the year had no shortage of memorable milestones, there’s none more important to the employee owners of Chatsworth Products (CPI) then the fact that June of 1991 was the month and year that CPI was founded. We are now, officially, 30 years young!
Born during the rapid increase of internet usage in the dot-com era, CPI began in earnest after 90 employees bought out a portion of the Dracon Division of Harris Corp., using an Employee Stock Ownership Plan (ESOP) to become a 100% employee-owned company committed to delivering innovative infrastructure solutions, including racks, runways and cable management products that improved the way information communications and technology (ICT) professionals stored and protected a variety of electronic equipment.
Thanks to You—Our Customers—We're Celebrating 30 Years of Powering and Protecting Your Technology Investments
This year, through the ongoing support and success of our customers, CPI is honored to celebrate our 30th anniversary as a 100% employee-owned company, and proud to say we're still just as passionate—and committed—to delivering innovative infrastructure solutions that serve the dynamic and complex ICT industry worldwide.
Today, after steady global expansion into six continents, and a product portfolio that has grown to include thousands of offerings—each design inspired by solving everyday customer challenges—CPI has honed its agile manufacturing capabilities to efficiently provide engineered, customer-specified solutions to help organizations of all sizes quickly and confidently adapt to digital transformation across platforms such as the Internet of Things (IoT), artificial intelligence (AI) and 5G wireless networks.
The Power of One: Taking a Customized Approach in the Age of Mass Manufacturing
CPI’s commitment and expertise in scalable customization is unequalled in the data center industry, and it’s a major reason why CPI products have become sought-after mainstays of modern data centers and emerging edge locations around the world.
In fact, in the video below, hear directly from CPI President and Chief Executive Officer, Michael Custer, as he shares insights behind the company’s core tenets and defines what the “power of one” and true customization means to CPI’s business model, and more importantly, how these beliefs positively influence and impact our partnerships and the ongoing support of customers like you that make celebrating 30 years of business all the more meaningful.
Investing in Our Growth to Help Your Business Grow, Too
In the past few years, CPI has also taken our ambition and innovation to new levels with the development of several patented and award-winning solutions that allow for on-site customization and improved user experience and we’ve continued to expand through important acquisitions of Oberon Inc., a leading provider of mounting solutions for wireless access points and antennas, and R.F. Mote, a Canadian-based manufacturer.
In 2019 alone, the company invested in a new Electronics & Software Technology Center in Round Rock, Texas, and the expansion of our New Bern, N.C. manufacturing facility. And here in 2021, slated for later this year, CPI plans to cap off the milestone year by opening a new global headquarters and state-of-the-art manufacturing facility in Simi Valley, Calif., more than doubling our physical footprint not far from the original Chatsworth, Calif. facility that gave CPI its start and name.
While we look forward to continuing to celebrate CPI’s 30th throughout the rest of 2021 (trust us, you’ll want to stay tuned!), it's important to stop and say "thank you." Thank you for your partnership and ongoing support. Thank you for your trust. We truly appreciate your confidence in us and look forward to serving you for another 30 years and beyond!
To read the full press release and find out more about how we’re invested in your growth, click here.
Posted by Brittany Mangan, Digital Content Specialist at 6/30/2021 8:35:20 AM