This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Modern Distribution Management Names DXP Enterprises A 2011 MDM Market Leader

Stocks in this article: DXPE

DXP Enterprises, Inc. (NASDAQ: DXPE) today announced Modern Distribution Management ("MDM") named DXP Enterprises a 2011 MDM Market Leader. David Little, Chairman and CEO commented, "As we continue to grow profitable market share, it is gratifying to be recognized by MDM as the 17th largest distributor and 4th largest bearing and power transmission distributor in the industrial market sector. We continue to grow our Bearing and Power Transmission Division through investments in SuperCenters expansion along with hydraulic and belting services. We are also pleased that the Bearing Specialist Association has elected James Webster as this year's president. James has been with DXP for 46 years and leads DXP’s Bearing and Power Transmission Division."

Modern Distribution Management reported:

DXP Enterprises has been ranked #17 on Modern Distribution Management's 2011 Industrial Market Leaders list and #4 on the Power Transmission/Bearings Market Leaders list. These lists identify the top 40 and top 10 distributors by revenue in industrial and power transmission/bearings distribution, respectively. Modern Distribution Management is the leading information source for independent distribution channels.

"The top distributors continued to gain market share in 2011, many returning to sales levels seen before 2009. While there are still headwinds, distributors that appear on MDM's Market Leaders lists continue to execute a successful strategy to give them an edge in the recovery," said Tom Gale, publisher of Modern Distribution Management.

The list was released in conjunction with the 2011 MDM Distribution Landscape report. Taken together, the full report provides a comprehensive landscape of the distribution industry, including merger and acquisition news and market trends. It is available at www.mdm.com/marketleaders.

Data was collected from the companies, public filings and news releases. For private companies who did not provide their revenue data, the MDM editorial staff estimated rankings based on past reported revenues, average revenue declines within the sectors, data from economic reports and conversations with industry experts.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,191.37 -195.84 -1.13%
S&P 500 2,002.16 -27.39 -1.35%
NASDAQ 4,637.9940 -43.5030 -0.93%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs