CPI Celebrates 20 Successful Years of Employee Ownership

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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.

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. (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.

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, Inc.
Chatsworth Products, Inc. (CPI) is a global manufacturer providing voice, data and security products and service solutions that optimize, store and secure technology equipment. CPI Products offer innovation, configurability, quality and value with a breadth of integrated system components, covering virtually all physical layer needs. Unequalled customer service and technical support, as well as a global network of industry-leading distributors, assures customers that CPI is dedicated to delivering products and services designed to meet their needs. Headquartered in the US, CPI operates global offices within the US, Mexico, Canada, China, the Middle East and the United Kingdom. CPI’s manufacturing facilities are located in the US, 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. (http://www.chatsworth.com/gov)

Media Contact:
Sabrina Cooper
Public Relations/Advertising Specialist
Email: scooper(at)chatsworth(dot)com
Phone: 252-635-4264    

More Information:             
Visit: http://www.chatsworth.com         
Email: info(at)chatsworth(dot)com         
Toll-Free: 800-834-4969

All products quoted are subject to availability based on manufacturing capacity and shipping dates should be considered estimates only. While every effort has been made to ensure the accuracy of all information, CPI does not accept liability for any errors or omissions and reserves the right to change information and descriptions of listed services and products.
©2011 Chatsworth Products, Inc. All rights reserved. CPI, CPI Passive Cooling, MegaFrame, Saf-T-Grip, Seismic Frame, SlimFrame, TeraFrame, Cube-iT Plus, Evolution, OnTrac, and QuadraRack are federally registered trademarks of Chatsworth Products, Inc. GlobalFrame, Simply Efficient and Velocity are trademarks of Chatsworth Products, Inc. All other trademarks belong to their respective companies.

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