MDM-Podcasts-launch
Need Help? (888) 742-5060

In The News:

DXP Sales Up 13.2% in 2013

DXP Enterprises, Inc. (NASDAQ: DXPE), Houston, TX, reported sales for 2013 were $1.2 billion, up 13.2 percent over sales in 2012. Profit increased 18 percent to $60.2 million.

Fourth-quarter sales were $313.8 million, up 7 percent over the same period a year ago. Profit grew 20 percent to $16.9 million.

Innovative Pumping Solutions posted 29.6 percent sales growth, while DXP’s Service Centers grew 13.5 percent. Supply Chain Services revenues declined by 5.6 percent.

Acquisitions fueled the majority of DXP's growth in 2013. The company completed four strategic acquisitions during the year, including National Process Equipment, Inc. and Alaska Pump in the rotating equipment division and Tucker Tool and Tool-Tech in the metal working division.

© 2019 Gale Media, Inc.

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

2018-top-distributors-listThe 2018 Top Distributors List

This free PDF includes lists of top distribution companies across 14 sectors.

You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.

Download the Free PDF now >>


MDM-UpdateMDM Update: Daily Newsletter 

Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox. 

Sign-up for MDM Update >>

Partner Center