11. NOW Inc (DistributionNOW) - Top Industrial Distributors
Headquarters: Houston, TX
2017 revenue: $2,648,000,000
16:17 Change: 25.68%
2016 Revenue: $2,107,000,000
Key Executives: Robert R. Workman, CEO; David Cherechinsky, CFO; Jim Owsley, VP-Supply Chain; Brad Wise, VP-Marketing
NOW Inc., one of the larger distributors selling to the energy and industrial markets, was among many companies who slumped during the economic downturn back in 2007-2008.
But as Robert Workman, its president and CEO explained, they survived and then went on to prosper in 2017 as its 25.7 percent uptick showed.
“Through the downturn, we emerged a stronger, leaner and more agile organization,” Workman said. “The year 2017 was transformative for DNOW in that we added $541 million in revenues, while continuing to lower costs, becoming a business more than 25 percent larger than it was in 2016.”
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