NASDAQ, DXPE - Dxp Enterprise
DXP was incorporated in Texas in 1996 to be the successor to a company founded
in 1908. Since our predecessor company was founded, we have primarily been
engaged in the business of distributing maintenance, repair and operating
(?MRO?) products, equipment and service to industrial customers. We are
organized into two segments: MRO and Electrical Contractor. Sales and operating
income for 2005, 2006 and 2007, and identifiable assets at the close of such
years for our business segments are presented in Note 12 of the Notes to the
Consolidated Financial Statements.
The industrial distribution market is highly fragmented. Based on 2006 sales as
reported by industry sources, we were the 27th largest distributor of MRO
products in the United States. Most industrial customers currently purchase
their industrial supplies through numerous local distribution and supply
companies. ...
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