DXP Enterprises Inc was incorporated in Texas in 1996 to be the successor to a company founded in 1908. The Company is engaged in the business of distributing maintenance, repair and operating products, equipment and service to industrial customers. The Company is organized into three segments: Service Centers, Innovative Pumping Solutions and Supply Chain Services. The Service Centers provide MRO products, equipment and services, including technical design expertise and logistics capabilities, to industrial customers with the ability to provide same day delivery. It offers its customers a single source of supply on an efficient and competitive basis by being a first-tier distributor that can purchase products directly from the manufacturer. It also provides services such as field safety supervision, in-house and field repair and predictive maintenance. It offers a range of industrial MRO products, equipment and services through a complete continuum of customized and efficient MRO solutions. DXP Service Centers are stocked and staffed with knowledgeable sales associates and backed by a centralized customer service team of experienced industry professionals. Its Service Centers' products and services are distributed from 153 service centers and 7 distribution centers. DXP's Innovative Pumping Solutions segment provides fabrication and technical design to meet the capital equipment needs of its global customer base. DXP's fabrication facilities provide convenient technical support and pump services. DXP's Supply Chain Services segment manages the supply-chain of its customers from across a variety of industries. This segment operates supply chain installations in 61 of its customers' facilities. The Key product categories that it offers include: Rotating Equipment, Bearings & Power Transmission, Industrial Supplies, Metal Working, and Safety Products & Services. Its rotating equipment products include a full 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 salt water injection and crude oil pipeline service; and air-operated diaphragm pumps. Its bearing products include several types of mounted and unmounted bearings for a variety of applications. It offer a broad 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 broad range of cutting tools, abrasives, coolants, gauges, industrial tools and machine shop supplies. It provides safety services including safety supervision, training, monitoring, and equipment rental and consulting. Its safety products and services include safety supervision, medic services, safety audits, instrument repair and calibration, training, monitoring, equipment rental and consulting. In the Service Centers segment it competes with a variety of industrial supply distributors. It also competes with catalog distributors, large warehouse stores and, to a lesser extent, manufacturers. It is subject to various laws and regulations relating to its business and operations, and various health and safety regulations as established by the Occupational Safety and Health Administration. Certain of its operations are subject to federal, state and local laws and regulations controlling the discharge of materials into or otherwise relating to the protection of the environment.
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