Location: Matthews, NC
President and CEO
Founded in 2003, Carolina’s Home Medical Equipment, Inc. specializes in respiratory and mobility equipment, including wheelchairs, power wheelchairs and oxygen therapy. President and CEO Franklin Trammell worked in an executive position at a Fortune 100 company in the chemical and textile field, but found his career derailed when the industry moved to Asia. At the same time, his father suffered from a series of strokes. This was Tramell’s first introduction to home medical equipment. After doing extensive research, Trammell and his wife decided to enter that industry for themselves.
QUICK TIP: “The growth of our business is attributable to our dedicated staff, who are all in with regard to applying our core values each and every day.”
“We handpicked our staff very carefully, being sure that our values were properly aligned,” says Trammell. “Quality products, extreme service, diversity of thought and highly ethical standards continue to be the basis of our business.” More than a decade later, Carolina’s Home Medical Equipment has been one of Inc.’s fastest-growing private companies four years in a row, and is ready to keep growing in the future. “When we look out five to 10 years, we see larger but fewer competitors,” says Trammell. “The survivors in this industry will be flexible, resilient and very efficient businesspeople.”