The Chas. E. Phipps

What The Chas. E. Phipps does

The Chas. E. Phipps Company is a privately held, family-owned distributor of concrete construction supplies and a renter of construction equipment, headquartered in Cleveland, Ohio, and operating continuously since 1921. The company runs four Ohio branches — Cleveland (headquarters and original location), Perrysburg/Toledo (opened 1995), Canton (opened 2006), and Columbus (added June 2023 via the acquisition of Machinery & Tool Rentals, Inc., a Columbus operator since 1956) — with combined warehouse space exceeding 90,000 sq ft, a company-owned delivery fleet, and certified mechanics at each location. Its product catalog spans 17 categories including building materials, caulking and sealants, concrete and masonry repair, curing and sealing, cutting and drilling, decorative concrete, epoxies and adhesives, forming accessories, grouting, jobsite tools, power tools, safety supplies, soil fabric and trench drain, surface prep tooling, and waterproofing; its equipment division rents and sells concrete placing/finishing equipment, surface prep equipment, climate control units, generators, power tools, and demolition equipment.

Phipps sells to contractors through a field sales model that combines inside and outside non-commissioned sales staff covering defined Ohio territories, supported by an e-commerce storefront with credit accounts and quote-based ordering. Its four primary customer segments are infrastructure contractors (including ODOT work), industrial contractors (manufacturing and energy clients such as Timken, Marathon Oil, and Toledo Refinery), commercial and institutional contractors (Cleveland Clinic, University Hospitals, Key Tower, Cedar Point, The Ohio State University, University of Toledo), and specialty contractors in flooring, restoration, and decorative concrete. The company is bootstrapped, with no external funding events, and operates as an Ohio-centric regional distributor with limited spillover into adjacent Michigan, Indiana, West Virginia, and Pennsylvania counties.

Revenue is generated through four streams: one-time product sales across the 17 categories, usage-based equipment rentals, professional services for equipment repair and maintenance, and delivery/logistics services. Pricing is quote-based with unit-level product pricing and volume discounts, billed on a pay-as-you-go cadence; no public pricing, subscription tiers, or recurring contracts are disclosed. The company has no disclosed technology platform, software product, or AI/ML capability — its operating model is anchored in physical inventory, local branch presence, and technical advisory rather than digital differentiation.

Name

The Chas. E. Phipps

Legal name

The Chas. E. Phipps Company

Website

https://chasephipps.com

Company type

Private

Founded year

1921

Operating status

Operating

Headcount range

1–10 employees

Short description

Family-owned Ohio distributor and equipment renter serving concrete construction contractors since 1921 through four branches (Cleveland, Toledo, Canton, Columbus), offering 17 product categories, equipment rental, certified repair, and delivery across Ohio and adjacent states.

Ownership category

akta.pro rank

Product category

Construction Materials Distribution & Equipment Rental

NAICS

Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers (42331)

SIC

Wholesale-Construction & Mining (No Petro) Machinery & Equip (5082)

akta.pro primary industry

Workplace/Jobsite Supplies Retail (Site Consumables, Tarps, Ropes, Chains) (CRAIADAN)

akta.pro secondary industry

Concrete, Cement & Aggregates Retail (Bagged Mix, Sand, Gravel) (CRAIAEAG)

Keywords

• Concrete construction supplies
• Construction equipment rentals
• Building materials distribution
• Sealants and waterproofing
• Contractor supply distribution

Headquarters

HQ city

Cleveland

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Product Sales: Sale of concrete construction supplies, building materials, masonry accessories, caulking, sealants, waterproofing products, and related construction materials to contractors.
2. Equipment Rentals: Rental of construction equipment including concrete placing and finishing equipment, surface prep equipment, climate control units, generators, power tools, and demolition equipment.
3. Equipment Repair and Service: Certified mechanics at each location repair and maintain customer equipment.
4. Delivery and Logistics Services: Fleet of company-owned trucks and external logistics support for product and equipment delivery.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

The Chas. E. Phipps Company distributes concrete construction supplies, masonry accessories, caulking, sealants, waterproofing, repair materials, safety supplies, and related building materials, and rents construction equipment (concrete placing/finishing, surface prep, climate control, generators, demolition, power tools) to contractors. It also provides certified equipment repair and delivery services through four Ohio branch locations.

Product overview

The Chas. E. Phipps Company is a distributor of concrete construction supplies and equipment rentals operating since 1921. The company offers a comprehensive portfolio organized into two main divisions: (1) Products & Supplies covering 16 product categories including Building Materials, Caulking/Sealants/Joint Protection, Concrete & Masonry Cleaning/Repair/Curing/Sealing, Cutting & Drilling, Decorative Concrete, Epoxies & Adhesives, Forming/Wire/Accessories, Grouting, Jobsite Tools, Power Tools, Safety Supplies, Soil Fabric/Trench Drain, Surface Prep Tooling, and Waterproofing; and (2) Equipment & Rentals offering new equipment, rental equipment, parts & accessories, and used equipment sales. In June 2023, Phipps expanded its footprint by acquiring Machinery & Tool Rentals (MTR), a Columbus-based equipment rental company operating since 1956. The company serves contractors across Ohio through four locations (Cleveland, Canton, Toledo, Columbus) with warehouse space exceeding 90,000 ft².

Differentiator

Problem solved

Functional benefit

Products and services

• Building Materials Construction building materials distributed to contractors, including insulation, masonry accessories (control and expansion, flashing, reinforcing, wall cavity drainage), and underslab vapor barriers.
• Caulking, Sealants, & Joint Protection

Named customers16 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Machinery & Tool Rentals, Inc. (MTR)coreStrategic or Co-development Partner · 1 June 2023Acquired Machinery & Tool Rentals, Inc. in Columbus, Ohio effective June 1, 2023. This acquisition expanded Phipps' presence in Ohio and enhanced its capabilities in construction equipment and supplies. MTR has been serving the Columbus market since 1956 and continues to operate under the MTR brand.

Scale indicators6 records

Recent moves5 records

Expansion highlights4 records

Market position

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/thechasephippsco
• Facebookfacebook.com/chasephippscompany
• LinkedInlinkedin.com/company/the-chas.-e.-phipps-co

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Chas. E. Phipps