DXP moves down one spot despite improving its 2017 sales by 4 percent. Sales have
grown much faster so far this year, jumping 20 percent year-over-year in Q1 and 24
percent in Q2, with Q2 marking six straight quarters of sequential revenue growth.
In late 2017, DXP acquired Auburn, Washington-based Application Specialists Inc. —
a distributor of cutting tools, abrasives, coolants and machine shop supplies.
Online sales-based Systemax subsidiary Global Industrial first appeared on our list in
2016, and repeats last year’s ranking despite growing its 2017 sales by 10. 6 percent.
Its e-commerce offering was ranked third among industrial distributors by B2B
credit management and automation service provider Apruve, trailing only Grainger
and HD Supply.
20. DXP Enterprises
2017 Sales: $1.01 billion
CEO/President: David Little
Headquarters: Houston, TX
21. Global Industrial
2017 Sales: $792 million
CEO/President: Bob Dooley
Headquarters: Port Washington, NY
22. ERIKS (North America)
2017 Sales: N/A
CEO/President: Benjamin Mondics
Headquarters: Pittsburgh, PA
As of June, ERIKS North America-owned companies Lewis- Goetz, EVCO House of
Hose and Valley Rubber & Gasket have rebranding as ERIKS, unifying operations
across the continent. Says the company: “In 2017 we experienced considerable
growth in key end-markets. We continue to invest in many areas of the company to
provide more value to our customers.”
23. Bearing Distributors Inc. (BDI)
2017 Sales: $730 million
CEO/President: Carl James
Headquarters: Cleveland, OH
24. Turtle & Hughes
2017 Sales: $484 million
CEO/President: Jayne Millard
& Kathleen Shanahan
Headquarters: Linden, NJ
Moving up two spots from 2017, BDI continues to invest in its global technology
platforms. It now has eight countries running on SAP, including BDI-USA as of
June. The company’s global e-commerce platform, BDIExpress, is now operating on
Hybris/SAP in the U.S., Europe, Canada and Mexico, with China and India expected
to follow. In April, BDI announces the acquisition of Lake Ariel, PA-based Advanced
Automation Controls Inc.
Industrial/electrical distributor Turtle & Hughes just opened a new regional
distribution center in New Jersey to serve the New York City market, and launched
a redesigned e-commerce platform this past spring. It moves up two spots from
2017. Also in the spring, Kathleen Shanahan joined Jayne Millard as the company’s
co-CEO, while Luis Valls became president in January.
KIT’s sales returned to year-over-year growth starting in 2017’s fourth quarter and
have continued since, growing 4. 5 percent in Q1 of this year and 3. 9 percent in Q2. In
its Q2 report, Kaman said KIT has completed a large portion of its national account
onboarding process that should lead to stronger sales in the second half of 2018,
while implementing restructuring actions set to boost organizational effectiveness.
19. Kaman Industrial Technologies
2017 Sales: $1.08 billion
CEO/President: Neal Keating
Headquarters: Bloomfield, CT