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Altec Chippers Enter Consumer Rental Market
January 30, 2012
Birmingham, AL, January 23, 2012—Altec Industries, Inc., announced today the company’s strategic partnership with Compact Power Equipment Centers (CPEC) to offer Altec chippers in Home Depot Tool Rental stores across the nation and in Canada. Since 2008, CPEC has provided customers with towable rental equipment for a variety of projects, which now includes Altec’s DC610 chipper.
“This partnership with CPEC represents a significant milestone as we continue to expand our environmental product offerings,” said Tony Gann, Regional Vice President of Altec Industries. “Our new DC610 chipper creates a... » Read More
Excerpts from an interview with Roger Braswell, CEO of Compact Power Equipment Centers and Wayne Walley of Rental Management
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.
Rental Management:
Do you foresee having Compact Power Equipment Centers available in every Home Depot store?
Braswell:
The Home Depot has been extremely supportive of the company and... » Read More
A landscaping play: CPEC's Roger Braswell explains the Home Depot rental contract.
December 29, 2011
A landscaping play: CPEC's Roger Braswell explains the Home Depot rental contract.
Written by Murray Pollok - 04 Jan 2010
Roger Braswell, president of Compact Power Equipment Centers (CPEC).
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.
As chief executive of CPI and now the chief executive officer of Compact Power Equipment Centers (CPEC) - the newly created business that will run the Home Depot rental locations - he has been selling the concept of compact utility loaders in the US ever since... » Read More
Kubota Enters Consumer Rental Market, Partners With Compact Power Equipment Centers
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.
Since 2008, CPEC has provided customers with towable rental equipment for a variety of projects, which now includes Kubota's K008-3 excavator and BX25 Tractor/loader-backhoe (TLB).
The K008-3 and BX25 TLB are currently available in approximately 100 Home Depot locations nationwide... » Read More
Thinking More Like A Customer Than A Business Drives Expansion Success At Compact Power Equipment Centers
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.
Officials at Compact Power Equipment Centers (CPEC) had a different view. That month, CPEC’s pilot program opened outlets for renting light-construction and landscaping equipment at seven locations of The Home Depot in the Atlanta and Charlotte markets.
The plan: supply customers all the power equipment they need to replace hand labor and boost productivity – including mini-excavators,... » Read More
Manager's and Marketers of Commercial Equipment - Economic Development
April 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.
» Read MoreCompact Power Equipment Centers program expands from 147 to 265 locations of The Home Depot
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.
Combined CPEC and The Home Depot can now provide contractors with a one-stop solution for their tools, materials and towable constractor grade equipment. Compact Power Equipment Centers will be rolling out approximately (130) TEREX PT-30 and (30) PT-50’s and (33) TSR50s, as well as... » Read More
Home Depot and Compact Power Team Up for Large Equipment Rental
November 02, 2009
In September, 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.
Compact Power Equipment Centers is expanding into 115 Home Depot locations across the southeast with hopes of increasing its operational footprint to 250 stores by the end of 2010. Home Depot will continue to manage its Tool Rental Center,... » Read More
CPEC to manage towable fleets at select locations of The Home Depot Tool Rental
October 25, 2009
Compact Power Equipment Centers to manage large towable fleets for The Home Depot
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.
BOXER Equipment, the company’s affiliated brand, is not part of the transaction. ... » Read More
Compact Power Announces Acquisition of DOC Machine Tool Services
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."
The relationship between CPI and DOC began by working together servicing equipment for The Home Depot Tool Rental. DOC has helped support CPI's growing large equipment service demands by... » Read More
