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Interpower Corporation
P.O. Box 115
100 Interpower Avenue
Oskaloosa, IA 52577
(USA)


Copyright 2004.
All Rights Reserved. Formerly
Panel Components Corporation
 
History of
Interpower Corporation

1 July 1975
Interpower Corporation, then
Panel Components Corporation
was founded in Berkeley, California
by Bob Wersen.

The first major product was
a unique combination fuse holder. This fuseholder accommodates both international and North American fuses by changing the carrier.

   
2July 1979
The Company moves from Berkeley to Santa Rosa, California.
   
         
      3September 1984
The Company moves into a new building which offered more space.
         
    41984
The U.S. electronics industry experiences a severe recession.
51986
The Company changes its strategy to focus more on the small to mid-size companies and dramatically broaden its customer base.
   
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61988
The beginning of a database
of customers from trade shows
and advertising.
This database would be used for promotion of specific products and for distributing the Export Designer's Reference and Catalog.
71989–1990
The development of a broader product line was the focus of growth efforts.
To complement a broader product line, a major investment was made to increase advertising.
1991-1992
Bob made the decision to relocate the Company and began a search.
The decision to move to Oskaloosa, Iowa was made in the spring of 1992.
     
81993
Phil Watts starts operations for Interpower Components Ltd., the European subsidiary in Bognor Regis, United Kingdom.
   
May 1993
Trucks unload products in the Oskaloosa warehouse.
9June 1996
Interpower North American power cords were produced in Oskaloosa for the first time.
July 30, 1993
The telephones rang in Oskaloosa for the first time. The 1800 mile move from California to Iowa was now complete.
   
10 February 1998
Customer Service office in Ames, Iowa opens to assist in handling calls.
1999
Interpower Components Ltd. moves to Milton Keynes,
United Kingdom.
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11 2000
A new manufacturing facility in Lamoni, Iowa opens to increase volume of molded cordsets.
   
  12April 2001
An electronics industry recession begins. It reaches the low point as a result of the terrorist attacks on September 11, 2001.
13March 2002
The new facility in Ames, Iowa is completed. The new building will house Customer Service, Marketing, Product Development and Manufacturing.
  14March 2004
Interpower Corporation becomes the official company name, replacing Panel Components Corporation.
         
History has shown:
We accomplish our mission using teamwork and communication, earning sufficient profit to sustain normal growth and to provide a reasonable return to the shareholder.

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