The team announced Peters' hiring Thursday and said he would be introduced Friday during a news conference.
It's the first big hire for new general manager Ron Francis, who took over in April during a reshuffling of the organization.
The 48-year-old Peters spent the past three years working primarily with the Red Wings' defencemen and penalty-killers.
His hiring ends a 46-day search for Kirk Muller's replacement. He was fired May 5 after going 80-80-27 in three seasons. The Hurricanes haven't made the playoffs since 2009 and have made the post-season just once since winning the Stanley Cup in 2006.
It's cool when you think about how many great American players have played the game and the two players that were at that 18-game point streak and what they've done in their careers. It's pretty cool right now, but it was kind of overshadowed by the loss.
— Blackhawks forward Patrick Kane after breaking the record for longest point streak by an American-born player with a goal and an assist in a 3-2 overtime loss against the Kings