U.S. Power & Environment is an American multinational privately owned company that sells various construction services and products worldwide. The company is most widely known for providing other companies with diesel generators/diesel engines such as Caterpillar, Cummins and Baldor. Currently, the company specializes in the trading of used and new diesel generators, the building of data centers, equipment rental, and other various construction related services and products. In addition to electrical generators, the company sells millions of dollars in parts including oil filters, coolant and air filters. Today more than 68% of USP&E's business comes from operations outside of the United States. Part of USP&E's model is to create partnerships with key players in foreign markets and they have done so recently in China and India. USP&E's 2007 revenues surpassed $9,000,000.00 USD.
History
USP&E began in the spring of 1968, when Jim Fraser started what is today USP&E RentalUSP&E Rental. USP&E rental, (dba Bloomington Rental Center), is based in Bloomington, Minnesota. In 2002, Will Gruver founded US Power & Environment in order to sell, rent, service and install diesel and natural gas generators world-wide. Jim Fraser retired in June 2003. He sold Bloomington Rental Center to Will Gruver, who took on the role of CEO. Later, he gave the company its name that still stands today of USP&E Rental. In 2007, U.S. Power & Environment expanded its headquarters to Dallas, Texas. In 2008, USP&E expanded its base to Africa, turning its international presence into a multinational corporation.
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