Fifty-seven percent of all U.S. homes were built before 1980, and total U.S. Housing Starts have averaged almost 1.5 million units annually since 1959. We supply just about every piece of residential electrical equipment to power American lifestyles.
U.S. metropolitan areas house 4.6 billion square feet of existing office space and more than 7.8 billion square feet of existing retail space. Add more than 52,000 hotels and you’ll see why commercial construction and maintenance represents a lot of opportunity for CED.
The U.S. knows how to produce - there are already some 12.9 billion square feet of existing industrial/warehouse spaces in the country. When America builds - including in the industrial/manufacturing sector - we help make it happen.
Electrical distribution is a $75 billion industry in the U.S. and growing. Our products touch and enrich every person, home, business and development in America.
Just in research and development alone in 2009, $9.1 billion was invested in companies that produce machinery, $60 billion in companies that produce computers/electrical products and $3.3 billion in other electrical components companies. The industry is growing, and because it constantly changes, we make innovation routine.
In 2010, renewable energy accounted for 11.5 percent of U.S. electricity generation ($127 billion market), and is projected to grow to 15.2 percent ($263 billion) by 2015. In 2004, $300 billion was invested domestically in energy-efficient technologies and infrastructure. We distribute the electrical components that soak and harness energy from the sun and wind, and that deliver efficient lighting to homes, buildings and manufacturing facilities.
CED’s decentralized structure puts the power in our local managers’ hands. They know their markets best, so they make their own business decisions: “Your way, your vision.”
We started with two locations in 1957, and have grown to over 600 - averaging more than 10 new locations for each of the past 55 years. Our opportunities are literally all around you.
CED’s unique profit-sharing model allows you to see the results - and rewards - of your hard work. A percentage of the profits your vision facilitates at your location comes back directly to you and your team - unaffected by whatever happens at another location. There’s no ceiling at CED.