08. DXP Enterprises - Top Power Transmission/Bearings Distributors
Headquarters: Houston, TX
2017 Revenue: $161,085,120
16:17 Change: 11.63%
2016 Revenue: $144,300,000
Key Executives: David R. Little, Chairman, President & CEO; David C. Vinson, SVP – Innovative Pumping Solutions, Operations; Todd Hamlin, SVP - Sales, Service Centers and Innovation Pumping Solutions; Chris Gregory, SVP - Information Technology; John J. Jeffery, SVP - Supply Chain Services & Marketing; Kent Yee, SVP – CFO
After a strong overall year in 2017, DXP started off this year with an acquisition.
In January, DXP acquired Application Specialties Inc., a distributor of cutting tools, abrasives, coolants and various machine shop supplies headquartered in Auburn, WA.
Application Specialties has two additional locations in Washington, Everett and Vancouver. Their annual sales were an estimated $37 million.
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