advertisement
On The Insider: Sarah Jessica Parker's Mole Removed
Find Articles in:
all
Business
Reference
Technology
News
Sports
Health
Autos
Arts
Home & Garden
advertisement

Content provided in partnership with
Thomson / Gale

Business Services Industry

Big box store: a unique storage solution for businesses is born out of old cargo containers and an eco-conscious attitude

Entrepreneur,  August, 2005  by Lori Kozlowski

WHAT: Portable storage units made from recycled and restored cargo containers

WHO: Rich Whelan of Moveable Cubicle

WHERE: Raleigh, North Carolina

WHEN: Started in 2000

When Rich Whelan lived in Arizona, he frequently noticed large containers behind retail stores. Upon moving to North Carolina in 1999, Whelan, 40, noted that these same giant steel containers were piling up on the shoreline near U.S. shipping ports.

Historic trade imbalances between the United States and other countries caused the cargo-carrying cubes to stack up at ports, wasting space. This observation, paired with an eco-friendly idea--to purchase retired crates from ports and then lease them, cleaned, painted and restored, to other businesses for their temporary storage needs--inspired Whelan to start his business.

Most Popular Articles in Business
Research and Markets : Tesco Plc - SWOT Framework Analysis
Do Us a Flavor - Ben & Jerry's Issues a Call for Euphoric New Flavors
eBay made easy: ready to start an eBay business? These 5 simple steps will ...
Katrina's lawsuit surge: a legal battle to force insurers to pay for flood ...
Wal-Mart's newest distribution center opened last month near the southwest ...
More »
advertisement

"I wanted to build something on concrete, not sand," Whelan says. Since the containers last between 20 and 30 years, Whelan knew they could be used many times over. After persuading investors that his idea made sense from both a business and an environmental perspective, Whelan set out to become the global leader in portable storage.

Today, Moveable Cubicle has more than 40 locations across the nation. The 20- and 40-foot-long storage units are used by the retail and construction industries, as well as by individuals and institutions, such as hospitals and Churches.

In 2004, Moveable Cubicle grossed $4.8 million, and the company expects to grow by 70 percent in 2005. In addition to being earth-friendly, the company is philanthropic, donating part of its proceeds to children's charities. Whelan is proud of his employees and the company's all-around success, saying, "We are very good for the economy. We are good for the end customer. We are good for the country."

COPYRIGHT 2005 Entrepreneur Media, Inc.
COPYRIGHT 2008 Gale, Cengage Learning