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Forbes Names Worldwide Power Products, Power Generation Equipment Company,...
Forbes Names Worldwide Power Products, Power Generation Equipment Company, One of America’s Most Promising Companies
December 13, 2011 Electrical news in Houston,Texas, United States of America
Independent company based in Houston provides power generation equipment, including new and used Caterpillar and Cummins generators and engines, to petroleum and construction industries.
FOR IMMEDIATE RELEASE
Houston,
Texas,
United States of America
(Free-Press-Release.com) December 13, 2011 --
Forbes has named Worldwide Power Products , a power generation equipment company, one of America’s Most Promising Companies. The independent company based in Houston, Texas, provides power generation equipment, including new and used Caterpillar and Cummins generators and engines, to the electric power, petroleum and marines industries as well as municipalities.
Worldwide Power Products ranks #86 on the new Forbes list of America’s 100 Most Promising Companies – which Brett Nelson of the Forbes staff describes as “privately held up-and-comers with compelling business models, strong management teams, notable customers, strategic partners and precious investment capital.”
Founder and CEO Will Perry began Worldwide Power Products in 2008, and later raised $3 million from private investors. The company buys and sells industrial generators that typically go for $60,000 to more than $600,000. Forbes reports Worldwide Power Products had $5.7 million in annual revenue in 2010. The company’s revenue has increased 338% to $25 million in 2011.
“Our goal is to provide our customers with the highest quality equipment and customer service,” says Mark Lum, Vice President and co-owner of Worldwide Power Products. “A key differentiator for us in this industry is that we physically inventory our stock and we stand behind our products.”
About Worldwide Power Products:
Founded in 2008 by Will Perry, Worldwide Power Products sells new and used engines and generators throughout the world. To accommodate a growing customer base and improving economy, the Houston-based company has expanded its inventory holdings and has over 100 low-to-medium hour engines and generator sets onsite and ready for shipment anywhere in the world. Worldwide Power Products deals in most major brands including Caterpillar and Cummins . The used products are fully tested and come with a limited warranty that is a rare testament to quality that most competitors do not offer. The company’s new Caterpillar units come with a full factory warranty.
Customers are able to view the current inventory on the Worldwide Power Products website at http://www.wpowerproducts.com/. All generators and engines listed for sale include specs, multiple pictures, and load test reports.
Contact:
Worldwide Power Products
Mark Lum, 713-434-2300
mlum@wpowerproducts.com
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