CPO Commerce Makes Inc. 500|5000 List for 6th Consecutive Year Online tool retailer recognized as one of the nation's fastest-growing independent companies
PASADENA, Calif., Aug. 28, 2013 /PRNewswire/ -- For the 6th year in a row, Inc. Magazine has named CPO Commerce, Inc. on its annual Inc. 500|5000 list, an exclusive ranking of the nation's fastest-growing private companies. This comprehensive list highlights the most important segment of the U.S. economy - independent entrepreneurs.
CPO Commerce, America's leading online tool retailer, partners with industry-leading manufacturers to provide professionals and avid do-it-yourselfers with a wide selection of new and reconditioned power tools, outdoor power equipment and other home improvement products. CPO operates more than 40 co-branded outlet stores as well as five specialty stores, including CPOOutlets.com.
"Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is," says Inc. Editor, Eric Schurenberg.
"We are honored to be recognized by Inc. Magazine in this year's ranking, and to be listed for 6 years in a row is a milestone we are extremely proud of," stated Founder and CEO Rob Tolleson. "Our performance is driven by a fantastic team focused on delivering a truly outstanding customer experience."
About CPO Commerce
Established in 2004, CPO Commerce is America's leading online tool retailer, operating 40 plus brand outlet stores including CPO Bosch, CPO Dewalt and CPO Milwaukee. CPO's brand outlet stores are known for their full selection of new tools and accessories, as well as the country's largest selection of factory reconditioned tools. CPO Commerce also operates five specialty stores CPOoutlets.com, Reconditionedtools.com, CPOoutdoor.com, CPOpressurewashers.com and Tylertool.com.
CPO has shipped over one million orders to professional contractors, woodworkers, and handy homeowners who appreciate CPO's commitment to its customers. BizRate recognized CPO in its Circle of Excellence, acknowledging that CPO goes above and beyond the norm to provide exceptional service to its customers. For six years in a row CPO Commerce has been recognized by Inc. Magazine as one of the fastest growing private companies in America.
The 2013 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2009 to 2012. To qualify, companies must have been founded and generating revenue by March 31, 2009. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2012. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2009 is $100,000; the minimum for 2012 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit www.inc.com.
CPO Commerce, Inc.
120 W. Bellevue Dr., Suite 300,
Pasadena, CA 91105
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