Continued Growth in the Plans for Roseville’s CPC

With a new headquarters building in Roseville in 2020, Colder Products Company (CPC) entered 2021 with high confidence for growth. Those expectations have been realized and resulted in a further need to expand. CPC is finishing the creation of additional manufacturing capacity at its headquarters, with an eye on continued growth in existing and emerging markets in the future. 

Some of CPC’s fastest-growing product lines are manufactured in a cleanroom. As a result, and less than two years after moving into the new building, the company converted undeveloped manufacturing space into additional cleanroom capacity. It expects to utilize the new space very soon, once equipment installation and required industry validation protocols are complete. CPC had anticipated expanding its structure to the south side of the building but added parking instead to accommodate a significant increase in the number of employees.

“This expansion occurred much sooner than we originally planned in response to our accelerated growth,” said Jane Doyon, CPC Vice President of Marketing. “Cleanroom manufacturing is very important to our customers, particularly those in healthcare and biopharmaceuticals.”

CPC moved into its new headquarters building in Roseville in July 2020. Advantages present in Roseville, such as a talented workforce, accessible location and the area's amenities, were an excellent backbone to support CPC’s expected growth.

Growth sources

CPC has experienced sustainable growth across its product lines. It serves clients in rapidly growing market segments like biopharmaceuticals, cell and gene therapy, high-performance computing, electric vehicle charging technologies and more. It has also supplied products to nearly every major global vaccine manufacturer this past year. Much of their growth is reflected through innovative practices, reflected by recently-introduced custom products ramping up greatly as the devices into which they’re incorporated have been fully launched. 

“We are fortunate to work with top companies around the world in many categories, so as they grow, so do we,” said Doyon. “As their needs change, we partner with them to create new solutions.” 

The new headquarter building was necessary to house a growing local employee base, which had grown 50% in the two years prior to its construction. Company officials expected that growth to continue and it has. CPC had about 600 employees in the summer of 2020. Today, it is approaching 1,200 employees worldwide, with the majority of them located in the Twin Cities. That local workforce has seen a significant increase in production, engineering and quality staff. Most of these local employees are back in the office now, with some flexible arrangements. 

“Because of our significant growth and office space constraints, we still have whole departments working remotely,” said Doyon. “During the pandemic, we fully deployed remote working arrangements that continue to serve us well and provide both employees and the company with flexibility.”

Continued opportunities

Doyon said CPC has been fortunate to be part of expanding categories for some time now and it fully expects to realize growth along with the players in these markets. Strategic plans will further optimize its capabilities to serve customers even better. Continued growth is expected as global manufacturers in biopharma, health care and high-tech areas, like high-performance data centers and supercomputers, grow. It will also continue to serve longtime industrial customers across a broad range of businesses. 

“Diversification has been very good for us, as has a strategic focus on emerging markets,” said Doyon. “We are always watching for the ‘next big thing’ to which we can apply our expertise.”

CPC is the leading provider of quick disconnect couplings, fittings and connectors for the life sciences, biopharma, industrial and chemical handling markets. The Twin Cities have been home to CPC for 40 years, during which time it has built a portfolio of 10,000-plus connector products used primarily in fluid management. CPC is an operating company within Dover Corporation.

The Roseville Economic Development Authority (REDA) coordinates and administers economic development and redevelopment initiatives for the City of Roseville, MN. It serves as a comprehensive resource for businesses seeking to startup and grow in the area. In addition to prioritizing business retention and expansion, the REDA connects area employers with the dedicated and talented workforce they need to succeed and thrive.