Headquarters: Houston, TX
2017 revenue: $1,006,782,000
16:17 Change: 5%
2016 Revenue: $962,000,000
Key Executives: David R. Little, Chairman, President & CEO; David C. Vinson, SVP– Innovative Pumping Solutions, Operations; Todd Hamlin: SVP - Sales, Service Centers & Innovation Pumping Solutions; Chris Gregory, SVP - Information Technology; John J. Jeffery, SVP - Supply Chain Services & Marketing; Kent Yee, SVP & CFO
When commenting on DXP Enterprises’ year in 2017, David Little, chairman and CEO, pointed to overall “improved market conditions.”
“I am encouraged with the current state of our company and I have never been more confident in our strategy and ability to create shareholder and stakeholder value,” he said. “In 2018, we will build on the momentum we have generated and remain customer-focused as we continue to create long-term value for shareholders.”
Acquisitions have played a role in DXP’s growth. Late last year, DXP acquired Application Specialties, a distributor of cutting tools, abrasives, coolants and machine shop supplies based in Washington State. That deal was finalized just after the first of the year.