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About
DXP Enterprises, Inc. engages in the business of distributing maintenance, repair and operating products, equipment and service to industrial customers. It operates through the following segments: Service Centers (SC), Supply Chain Services (SCS), and Innovative Pumping Solutions (IPS). The Service Centers segment engages in providing MRO products, equipment and integrated services, including technical expertise and logistics capabilities, to industrial customers with the ability to provide same day delivery. The Supply Chain Services segment manages all or part of its customers' supply chains including procurement and inventory management. The Innovative Pumping Solutions segment provides fabrication and technical design to meet the capital equipment needs of ITS global customer base. The company was founded on July 26, 1996 and is headquartered in Houston, TX. | |||
Description
DXP Enterprises, Inc. engages in distributing maintenance, repair, and operating (MRO) products, equipment, and services to energy and industrial customers in the United States. It operates through three segments: Service Centers, Supply Chain Services, and Innovative Pumping Solutions. The Service Centers segment offers MRO products, equipment, and integrated services, including technical expertise and logistics services. It offers rotating equipment, bearing, power transmission, hose, fluid power, metal working, industrial supply, and safety products; and field safety supervision, in-house and field repair, and predictive maintenance services. This segment provides its MRO products for use in the oil and gas, food and beverage, petrochemical, transportation, and other general industrial industries, as well as for mining, construction, chemical, municipal, agriculture, and pulp and paper. The Supply Chain Services segment manages procurement and inventory management solutions; and offers inventory optimization and management, store room management, transaction consolidation and control, vendor oversight and procurement cost optimization, productivity improvement, and customized reporting services. This segment designs programs, such as SmartAgreement, a procurement solution for MRO categories; SmartBuy, an on-site or centralized MRO procurement solution; SmartSource, an on-site procurement and storeroom management solution; SmartStore, an e-catalog solution; SmartVend, an industrial dispensing solution; and SmartServ, an integrated service pump solution. The Innovative Pumping Solutions segment provides pump packages comprising diesel and electric driven firewater, pipeline booster, potable water, pigging, lease automatic custody transfer charge unit, chemical injection wash down unit, seawater lift, jockey, condensate, cooling water, and seawater/produced water injection pump packages. The company was founded in 1908 and is headquartered in Houston, Texas. |