Mid-Continent provides safety instrumentation, fall and hand protection and other related safety products.
Latest In DXP Enterprises
C.W. Rod Tool Co. is a $57 million distributor of cutting tools and other industrial products.
Excluding acquisitions, DXP's sales improved 17.2 percent in the quarter.
Kenneth Crosby serves New York, Massachusetts and the surrounding area as an integrated supplier and traditional branch-based operation.
Allegations are in connection with DXP's acquisition of Precision Industries in 2007.
D&F has annualized 2010 sales of $22 million.
DXP's sales are up 9% in the first nine months.
DXP Enterprises' six-month organic sales were down slightly from the year-ago period.
Sales of MRO products by service centers decreased 1 percent.
The distributor of fluid and air handling pumps had 2009 sales of $47 million.
CEO: Fourth quarter results were heavily impacted by one-time charges associated with economic recession, Precision integration.
For the first nine months, DXP's sales declined 57.4%.
Distributors speak at Morgan Keegan Industrial/Transportation Conference about the impact the economy has had on business.
DXP Enterprises reported sales of $144.4 million in the second quarter 2009, a decrease of 23.1% from the prior-year period. Sales by businesses acquired in 2008, on a same-store basis, accounted for $12 million of 2009 sales.
Excluding these sales, sales fell 29.5% in the second quarter.
Profit was $2.16 million, down 31.7%.
Sales for the six months ended June 30, 2009, fell 15.2% to $302 million from the prior-year period. Profit was $5.3 million. Excluding first-half 2009 sales of $26.2 million by the businesses acquired in 2008, sales decreased 22.6% from the first half of 2008.
CFO Mac McConnell said: "Economic conditions for the oil and gas and industrial manufacturing industries have proven to be more severe than anticipated. … We will continue to ...
Excluding these sales, sales fell 29.5% in the second quarter.
Profit was $2.16 million, down 31.7%.
Sales for the six months ended June 30, 2009, fell 15.2% to $302 million from the prior-year period. Profit was $5.3 million. Excluding first-half 2009 sales of $26.2 million by the businesses acquired in 2008, sales decreased 22.6% from the first half of 2008.
CFO Mac McConnell said: "Economic conditions for the oil and gas and industrial manufacturing industries have proven to be more severe than anticipated. … We will continue to ...
DXP Enterprises, Houston, TX, reported sales fell 6.5% to $157.6 million for the first quarter ended March 31, 2009.
Excluding sales by three acquired businesses, sales for the first quarter of 2009 decreased 14.9% from the first quarter of 2008 on a same-store sales basis.
Profit was $3.17 million, down from $5.4 million in the same period a year ago.
DXP attributed the sales decrease to a broad-based decrease in sales of pumps, bearings, safety products and mill supplies, due to a general decline in the ...
Excluding sales by three acquired businesses, sales for the first quarter of 2009 decreased 14.9% from the first quarter of 2008 on a same-store sales basis.
Profit was $3.17 million, down from $5.4 million in the same period a year ago.
DXP attributed the sales decrease to a broad-based decrease in sales of pumps, bearings, safety products and mill supplies, due to a general decline in the ...
When sales declined 11 percent in January, industrial distributor DXP Enterprises turned to Plan B: Expand products and services, grab market share and reduce the bets on the table. The plan may not be unique but the fact that it is already working - February and March results improved, according to President and CEO David Little - offers a positive outlook for the distributor for the rest of 2009.
The worst-case scenario presented during its year-end conference call by the distributor of pumping, supply chain management and MROP products and services was for sales to be down 20 percent in 2009. That's based on multiplying January's results by 12 months, Little says.
"There's not a lot of clarity on what's ...
The worst-case scenario presented during its year-end conference call by the distributor of pumping, supply chain management and MROP products and services was for sales to be down 20 percent in 2009. That's based on multiplying January's results by 12 months, Little says.
"There's not a lot of clarity on what's ...
DXP Enterprises, Inc., Houston, TX, reported sales for the fourth quarter ended Dec. 31, 2008, were $193.6 million, up 14.7% over fourth quarter 2007. Profit increased 22.8% to $7 million.
Excluding fourth quarter 2008 sales of $18.4 million from businesses acquired in 2007 and 2008, sales for the 2008 fourth quarter increased 3.8% from the 2007 fourth quarter.
For the full year 2008, sales improved 65.8% to $736.9 million. Profit was $25.9 million, an increase of 49.7% over 2007.
Our goal today is to create opportunities caused by a contracting economy by gaining market share at the expense of our competitors. It is easier to perform when times are good but I look forward to our ability to succeed in these challenging times, CEO David ...
Excluding fourth quarter 2008 sales of $18.4 million from businesses acquired in 2007 and 2008, sales for the 2008 fourth quarter increased 3.8% from the 2007 fourth quarter.
For the full year 2008, sales improved 65.8% to $736.9 million. Profit was $25.9 million, an increase of 49.7% over 2007.
Our goal today is to create opportunities caused by a contracting economy by gaining market share at the expense of our competitors. It is easier to perform when times are good but I look forward to our ability to succeed in these challenging times, CEO David ...
DXP Enterprises, Inc., Houston, TX, reported third quarter sales were $186.9 million, up 75.1% from the third quarter 2007. Profit increased 56.9% to $7 million. Businesses acquired in 2007 and 2008 contributed $65.7 million to quarterly sales.
Profit for the nine months ended Sept. 30, 2008, was $18.8 million, up 62% from the prior year period. Sales increased 97.0% to $543.2 million.
DXP Enterprises, Inc. is a distributor of products focused on pumping, integrated supply and ...
Profit for the nine months ended Sept. 30, 2008, was $18.8 million, up 62% from the prior year period. Sales increased 97.0% to $543.2 million.
DXP Enterprises, Inc. is a distributor of products focused on pumping, integrated supply and ...
DXP Enterprises, Inc., Houston, TX, has acquired Massachusetts-based PFI, LLC, for $65 million. PFI distributes fasteners, rivets and hose clamps.
The company has locations in Georgia, North Carolina, Illinois, Ohio, Texas, California, Massachusetts and Florida.
PFI's sales for the year ended May 3, 2008, were $71.9 million.
DXP provides pumping solutions, integrated supply and MROP (maintenance, repair, operating and production) services and distributes pumps, bearings, power transmission, seals, hose, safety, fluid power, and electrical and industrial ...
The company has locations in Georgia, North Carolina, Illinois, Ohio, Texas, California, Massachusetts and Florida.
PFI's sales for the year ended May 3, 2008, were $71.9 million.
DXP provides pumping solutions, integrated supply and MROP (maintenance, repair, operating and production) services and distributes pumps, bearings, power transmission, seals, hose, safety, fluid power, and electrical and industrial ...
DXP Enterprises, Inc., Houston, TX, reported sales for second quarter ended June 30, 2008, increased 120.1% to $187.8 million from the second quarter of 2007. Profit was $6.4 million, an increase of 86.5% from the same period a year ago.
Businesses acquired in 2007 and 2008, including Precision Industries, contributed $76.1 million to second quarter sales.
Sales for the six months ended June 30, 2008, were $356.3 million, an increase of 110.9% from the first of 2007. DXP reported income for the sale period of $11.8 million, an increase of 65.3%. Organic sales for the fist half of 2008 increased 22.3% from 2007.
DXP Enterprises, Inc. is a distributor of products focused on pumping, integrated supply and ...
Businesses acquired in 2007 and 2008, including Precision Industries, contributed $76.1 million to second quarter sales.
Sales for the six months ended June 30, 2008, were $356.3 million, an increase of 110.9% from the first of 2007. DXP reported income for the sale period of $11.8 million, an increase of 65.3%. Organic sales for the fist half of 2008 increased 22.3% from 2007.
DXP Enterprises, Inc. is a distributor of products focused on pumping, integrated supply and ...
