Profile: DXP Enterprises Inc (DXPE.O)
DXP Enterprises, Inc. (DXP), incorporated on July 26, 1996, is engaged in the business of distributing maintenance, repair and operating (MRO) products, equipment and service to industrial customers. The Company operates through three segments: Service Centers, Supply Chain Services and Innovative Pumping Solutions. The Service Centers segment provides MRO products, equipment and services, including technical expertise and logistics capabilities to industrial customers. The Supply Chain Services segment manages all or part of a customer's supply chain, including procurement and inventory management. The Innovative Pumping Solutions segment provides source for engineering, systems design and fabrication. The Company operates from approximately 190 locations in over 40 states in the United States, approximately 10 provinces in Canada, Dubai and over one state in Mexico.
The Company's product categories include rotating equipment, bearings & power transmission, industrial supplies, metal working and safety products & services. Its rotating equipment products include a line of centrifugal pumps for transfer and process service applications, such as petrochemicals, refining and crude oil production; rotary gear pumps for low- to- medium pressure service applications, such as pumping lubricating oils and other viscous liquids; plunger and piston pumps for high-pressure service applications, such as disposal of produced water and crude oil pipeline service, and air-operated diaphragm pumps. It also provides a range of pump accessories. Its bearing products include various types of mounted and un-mounted bearings for a range of applications. The power transmission products it distributes include speed reducers, flexible-coupling drives, chain drives, sprockets, gears, conveyors, clutches, brakes and hoses. It offers a range of industrial supplies, such as abrasives, tapes and adhesive products, coatings and lubricants, fasteners, hand tools, janitorial products, pneumatic tools, welding supplies and welding equipment. Its metal working products include a range of cutting tools, abrasives, coolants, gauges, industrial tools and machine shop supplies. It provides a range of safety products, including eye and face protection, first aid, hand protection, hazardous material handling, instrumentation and respiratory protection products. Additionally, it provides safety services, including hydrogen sulfide (H2S) gas protection and safety, specialized and standby fire protection, safety supervision, training, monitoring, equipment rental and consulting. Its safety services include safety supervision, medic services, safety audits, instrument repair and calibration, training, monitoring, equipment rental and consulting.
The Company's Service Centers segment offers a range of industrial MRO products, equipment and services through a range of MRO solutions. It also provides services, such as field safety supervision, in-house and field repair and predictive maintenance. It offers its customers a single source of supply. The Service Centers' products and services are distributed from approximately 170 service centers and over 8 distribution centers. Its Service Centers provide a range of MRO products in the rotating equipment, bearing, power transmission, hose, fluid power, metal working, industrial supply and safety product and service categories. The Company serves as a distributor of approximately 1,000,000 items of which over 60,000 are stock keeping units (SKUs) for use primarily by customers engaged in the oil and gas, food and beverage, petrochemical, transportation and other general industrial industries. Other industries served by the Company's Service Centers include mining, construction, chemical, municipal, agriculture, and pulp and paper.
Supply Chain Services
The Company's Supply Chain Services segment provides outsourced MRO solutions for sourcing MRO products, including, but not limited to inventory optimization and management; store room management; transaction consolidation and control; vendor oversight and procurement cost optimization; productivity improvement services, and customized reporting. The Supply Chain Services segment operates supply chain installations in approximately 70 of its customers' facilities.
Innovative Pumping Solutions
The Company's Innovative Pumping Solutions segment provides integrated, custom pump skid packages, pump remanufacturing and manufactures branded private label pumps to meet the capital equipment needs of the Company's customer base across the world. Its drafting programs, such as Solidworks and AutoCAD allow the Company's engineering team to verify the design and layout of packages with its customers prior to the start of fabrication. Its finite elemental analysis programs, such as Cosmos Professional are used to design the package process. DXP's fabrication facilities provide technical support and pump repair services. The Company's pump packages include diesel and electric driven firewater packages, pipeline booster packages, potable water packages, pigging pump packages, lease automatic custody transfer (LACT) charge units, chemical injection pump packages wash down units, seawater lift pump packages, jockey pump packages, condensate pump packages, cooling water packages, seawater/produced water injection packages, and a range of packages, such as American Petroleum Institute (API), American National Standards Institute (ANSI) and National Fire Protection Association (NFPA). The Innovative Pumping Solutions segment operates out of over 10 facilities, which are located in the United States and Canada.
DXP Enterprises Inc
7272 Pinemont Dr
HOUSTON TX 77040-6606