December 29, 2011
Rental Management:
Why do you feel now is the time to expand your rental business?
Roger Braswell:
After a test in 2008, we launched in the fourth quarter of 2009 with 112 stores. We expanded to 170 stores in 2010 and now have 280 locations with The Home Depot. Our business has performed well despite the flat economy...Now, we want to expand and The Home Depot would like us to continue to expand.
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December 29, 2011
When Compact Power Inc (CPI) won the deal to run rental stores outside Home Depot stores earlier this year it must have been a great moment for Roger Braswell.
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December 13, 2011
Kubota Tractor Corporation announced today a strategic partnership with Compact Power Equipment Centers (CPEC) allowing it to offer select construction equipment for rent within various locations of The Home Depot Tool Rental.
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October 27, 2011
Southaven, Miss. – (October 27, 2011) – Terex® PT-30 and PT-50 compact track loaders, TSR50 skid steer loaders and TC16 compact excavators are available for rent at Compact Equipment Power Equipment Centers(CPEC) located in 280 select locations of The Home Depot Tool Rental. Compact Power Equipment Centers have partnered with The Home Depot, the leading source for home improvement products, to provide commercial contractors with towable rental equipment for many projects.
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July 28, 2011
If you remember April 2008 and the condition of the U.S. economy – home construction at a standstill; credit availability frozen; rising bankruptcies and unemployment – you'd think it was the worst time to launch a business expansion program.
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Aoril 19, 2011
Compact Power's Andy Lewis, Director of Marketing Communications, converses with Revenflo as part of the Rock Hill, York County and South Carolina economic development counsel.
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March 04, 2011
Leadership teams at both Compact Power Equipment Centers (CPEC) and The Home Depot agreed to expand the CPEC rental program from 147 locations to 265 locations. The increase in CPEC's operational footprint allows the company better reach into the Southeast and Southwest marketplace and will position the operation to now service Virginia, Tennessee and Colorado.
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February 01, 2010
Compact Power creates new whole goods sales division to be known as CPECdirect.com. CPECdirect.com was created as an online clearing house of new and used equipment, holding two key responsibilities:
- Create a direct, online channel for contractors to procure new and used equipment
- Liquidate older / under-performing equipment to refresh and replenish sister division, Compact Power Equipment Centers.
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November 02, 2009
In September, The Home Depot and Compact Power Equipment Centers reached an agreement that Compact Power Equipment Centers will manage, service and rent all of the store's towable power equipment under 100 hp. This equipment offering will include compact utility loaders, chipper shredders, power barrows, tractor loader backhoes, trenchers, excavators, compact track loaders, articulating loaders and trailers, to name a few.
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November 01, 2009
There's no question that the past year has brought about a challenging time for contractors. The weakened housing market and recession made work scarce and equipment purchases halted as projects were few and far between. However, as conditions improve and the economy slowly recovers, crews need to be prepared to take on work. Cautious contractors looking to get back to the grind have brought about a strong trend in acquiring the equipment they need — rental.
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October 25, 2009
The Home Depot, Atlanta, has reached an agreement to partner with Compact Power Equipment Centers, LLC (CPEC), Fort Mill, S.C., which will result in CPEC acquiring and managing large towable fleets of rental equipment in more than 100 select locations of The Home Depot. The Home Depot will maintain management of its Tool Rental Centers. CPEC and its sister company, Compact Power Services, LLC (CPS), have secured financing for the initiative from three US private equity groups.
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August 13, 2009
Compact Power, Inc. and The Home Depot have partnered to create a new equipment rental center within select locations of The Home Depot. Following the successful launch in Charlotte, NC, Compact Power Equipment Centers (CPEC) is now expanding to serve contractors and do-it-yourselfers in the greater Atlanta area. The most recent CPEC establishment is located within The Home Depot Tool Rental Center, located at 9307 Hwy. 92 in Woodstock, Georgia.
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May 21, 2009
View the whole excerpt by clicking on the video.
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March 04, 2009
Compact Power, Inc. and The Home Depot have partnered to create a new equipment center that, following a successful local launch, could expand to serve do-it-yourselfers and outdoor contractors nationwide.
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December 28, 2008
FT. MILL, SC, FEBRUARY 5, 2007 - Compact Power, Inc. ("CPI") and its subsidiary companies have announced the acquisition of certain assets of DOC Machine Tool Services of South Carolina, Inc., a South Carolina-based full-service maintenance corporation ("DOC"). Roger Braswell, Compact Power CEO, stated "the acquisition of the DOC business will better allow CPI to meet the technical and service support needs of our growing customer base, including DOC's customers."
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April 22, 2008
CPECdirect.com and Compact Power Equipment Centers to carry the newest addition to the BOXER mini-skid product line with the 322D. The new 322D mini-skid offers the robust power that Boxer is famous for, only in a smaller, lighter package. The 322D accepts all of the same standard attachments as the larger Boxer models. It is designed to cater to the unique needs of landscape contractors, homeowners and especially the rental market (hire market) due to the ease of operation, smaller footprint and exceptional lifting power.
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