Overview
Chicago Pneumatic, also known as "CP", is an industrial manufacturer providing power tools, air compressors, generators, light towers and hydraulic equipment. Products are sold in more than 150 countries through a worldwide distribution network. CP is active on markets such as tools for industrial production, vehicle service, maintenance repair operation for mining, construction, infrastructure equipment.
History
Chicago Pneumatic is a brand name in the pneumatic tool industry with a history tracing back to 1901. John W. Duntley had in mind the idea of sourcing and selling construction tools "that weren’t yet available". He established the Chicago Pneumatic Tool Company, with an office in Chicago. The first plant to begin manufacturing product specifically for CP was the Boyer Machine Shop in St. Louis, Missouri. In 1901, Duntley met steel magnate Charles M. Schwab, who invested heavily in the company. On December 28, the company was incorporated and the first single-valve pneumatic hammer was patented.
In 1901, Chicago Pneumatic Tool Co. took over the Grant Company in Franklin, PA, which had produced lathes, boring mills, drilling machines and railway machinery. In 1902, CPT also took over the Franklin Air Compressor Company which had been producing air hoists. The Franklin plant went onto produce Little Giant trucks (1911-1917), portable compressors, electrical powerplants, and drill rigs.
1904 was the year of expansion for CP. Offices were opened in England, Canada, and Germany; and new lines of products had been developed such as air tools and rock drills.
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