MSC Industrial Direct
Company type | Public |
---|---|
Traded as | NYSE: MSM (Class A) S&P 400 Component |
Industry | Industrial Equipment Wholesale |
Founded | New York, New York (1941) |
Founder | Sidney Jacobson |
Headquarters | Melville, New York, Davidson, North Carolina |
Key people | Mitchell Jacobson, Chairman Erik Gershwind, President & CEO Martina McIsaac, EVP & Chief Operating Officer Kristen Actis-Grande, EVP & Chief Financial Officer Beth Bledsoe, SVP & Chief People Officer John Hill, SVP & Chief Digital Information Officer Kim Shacklett, SVP, Sales & Customer Success Neal Dongre, VP, General Counsel & Corporate Secretary Jim Drohan, VP, Business & Commercial Development |
Revenue | $3.7 billion USDUSD (2022) |
Net income | $340 million USD (2022) |
Number of employees | 7,000-plus (2023) |
Website | www |
MSC Industrial Direct Co., Inc (MSC), through its subsidiaries, primarily, MSC Industrial Supply Co., it is one of the largest industrial equipment distributors in the United States,[1] distributing more than 1.5 million metalworking and other industrial products.[2]
MSC was founded in 1941 as Sid Tool, Inc., by Sidney Jacobson, in New York's Little Italy. It originally sold cutting tools and accessories to New York City machine shops.[3] The company later moved its headquarters to Plainview, New York.
In 1970, Manhattan Supply Company was acquired and, in 1998, moved its headquarters to Melville, New York, on Long Island. The company currently operates from five regional Customer Fulfillment Centers and 12[4] branch offices.[5]
In 1997 MSC acquired Enco Manufacturing Company.[6]
On June 8, 2006, MSC completed the acquisition of J & L America, Inc. DBA J & L Industrial Supply (J & L), a subsidiary of Kennametal, for $349.5 million.[7]
In 2013, Erik Gershwind, Sid Jacobson's grandson, was named President and Chief Executive Officer. In 2013 the company opened its co-headquarters office in Davidson, North Carolina, which is located in the Charlotte metropolitan area. The company has expanded to 750 employees at the co-headquarters, with 120 employees making the move to the Carolinas from the Melville office.[8]
In 2013, MSC acquired Barnes Distribution North America to expand its footprint in Canada. The business was renamed Class C Solutions Group.
In 2017, MSC acquired DECO Tool Supply Co., an industrial supply distributor based in Davenport, Iowa, to expand its footprint in the region.
In 2018, MSC acquired All Integrated Solutions, a value-added distributor of industrial fasteners and components, MRO supplies and assembly tools based in Franksville, Wisconsin.
In 2019, MSC completed a transaction with TAC Global Solutions, a Mexican industrial distribution company, to expand into Mexico.
In 2022, MSC acquired Engman-Taylor, a Menomonee Falls, Wisconsin-based distributor of metalworking tools and supplies. That same year, MSC also acquired Tower Fasteners, a Holtsville, New York-based valued-added distributor of Original Equipment Manufacturer (OEM) fasteners and components.
In 2023, MSC acquired Buckeye Industrial Supply Co., an independent metalworking distributor based in Columbus, Ohio, and Tru-Edge Grinding Inc., a St. Henry, Ohio-based custom tool manufacturer.[citation needed]
References
- ^ "MSC tools up to grow in industry, Davidson". www.bizjournals.com. Retrieved 2020-12-03.
- ^ Brohan, Mark (2019-08-22). "MSC Industrial Supply prioritizes value-added ecommerce". Digital Commerce 360. Retrieved 2020-12-03.
- ^ * Newsday: A Wall Street Darling
- ^ "MSC Industrial Supply Co. | Locations". www.mscdirect.com. Retrieved 2017-02-23.
- ^ "About MSC". Retrieved 2016-05-31.
- ^ Enco FAQ (PDF)
- ^ "MSC History". Retrieved 2016-05-31.
- ^ "MSC opens Davidson coheadquarters". Retrieved 2016-05-31.
External links
- Business data for MSC Industrial:
- Bloomberg
- Reuters
- SEC filings
- Yahoo!
- v
- t
- e
- Antero Midstream
- Antero Resources
- ChampionX
- Chesapeake Energy
- Chord Energy
- Civitas Resources
- CNX Resources
- DT Midstream
- Equitrans Midstream
- HF Sinclair
- Matador Resources
- Murphy Oil
- Nov
- Ovintiv
- PBF Energy
- Permian Resources
- Range Resources
- Southwestern Energy
- Valaris Limited
- Weatherford International
- Alcoa
- AptarGroup
- Arcadium Lithium
- Ashland Global
- Avient
- Axalta
- Berry Global
- Cabot Corp
- Chemours
- Cleveland-Cliffs
- Commercial Metals
- Crown Holdings
- Eagle Materials
- Graphic Packaging
- Greif, Inc.
- Knife River Corporation
- Louisiana-Pacific
- MP Materials
- NewMarket Corporation
- Olin
- Reliance Steel & Aluminum Co.
- Royal Gold
- RPM International
- Scotts Miracle-Gro Company
- Silgan Holdings
- Sonoco
- U.S. Steel
- Westlake
- Acuity Brands
- Advanced Drainage Systems
- AECOM
- AGCO
- ASGN Inc.
- Avis Budget Group
- Brink's
- BWX Technologies
- CACI International
- Carlisle Companies
- Chart Industries
- Clean Harbors
- Comfort Systems USA
- Concentrix
- Core & Main
- Crane
- Curtiss-Wright
- Donaldson
- Emcor
- EnerSys
- ESAB
- EXL Service
- Exponent, Inc.
- Flowserve
- Fluor
- Fortune Brands Innovations
- FTI Consulting
- GATX
- Genpact
- Graco
- GXO Logistics
- Hertz
- Hexcel
- Insperity
- ITT
- KBR
- Kirby
- Knight-Swift
- Landstar System
- Lennox International
- Lincoln Electric
- ManpowerGroup
- MasTec
- Maximus Inc.
- MDU Resources
- Middleby
- MSA Safety
- MSC Industrial Direct
- nVent Electric plc
- Oshkosh
- Owens Corning
- Paylocity
- RBC Bearings
- Regal Rexnord
- Ryder
- Saia
- Science Applications Intl Corp
- Sensata Technologies
- Simpson Manufacturing Company
- Stericycle
- Sunrun
- Terex
- Tetra Tech
- Timken
- The Toro Company
- Trex
- UFP Industries
- Valmont
- Watsco
- Watts Water Technologies
- Werner Enterprises
- WESCO International
- Woodward
- XPO, Inc.
Discretionary
- Adient
- Aramark
- Autoliv
- AutoNation
- Boyd Gaming
- Brunswick
- Burlington
- Capri Holdings
- Carter's
- Choice Hotels
- Churchill Downs Inc.
- Columbia Sportswear
- Crocs
- Deckers Brands
- Dick's Sporting Goods
- Duolingo
- Five Below
- Floor & Decor
- Fox Factory
- GameStop
- Gap
- Gentex
- Goodyear Tire & Rubber
- Graham Holdings
- Grand Canyon Education
- H&R Block
- Harley-Davidson
- Helen of Troy Limited
- Hilton Grand Vacations
- Hyatt
- KB Home
- Lear
- Leggett & Platt
- Light & Wonder
- Lithia Motors
- Macy's
- Marriott Vacations Worldwide
- Mattel
- Murphy USA
- Nordstrom
- Ollie's Bargain Outlet
- Penn Entertainment
- Penske Automotive Group
- Planet Fitness
- Polaris
- PVH
- RH
- Service Corp Intl
- Skechers
- Taylor Morrison
- Tempur Sealy
- Texas Roadhouse
- Thor Industries
- Toll Brothers
- TopBuild Corp.
- Travel + Leisure Co.
- Under Armour (Class A)
- Under Armour (Class C)
- Vail Resorts
- Valvoline
- Visteon
- Wendy's
- Williams-Sonoma
- Wingstop
- Wyndham Hotels & Resorts
- Yeti Holdings
Staples
- BellRing Brands
- BJ's Wholesale Club
- Boston Beer Company
- Casey's General Stores
- Celsius Holdings
- Coca-Cola Consolidated
- Coty
- Darling Ingredients
- e.l.f. Beauty
- Flowers Foods
- Grocery Outlet
- Ingredion
- Lancaster Colony Corp
- Performance Food Group
- Pilgrim's Pride
- Post Holdings
- Sprouts Farmers Market
- US Foods
- Acadia Healthcare
- Amedisys
- Arrowhead Pharmaceuticals
- Azenta
- Bruker
- Chemed Corp.
- Doximity
- Encompass Health
- Enovis
- Envista Holdings
- Exelixis
- Globus Medical
- Haemonetics
- Halozyme
- HealthEquity
- Inari Medical
- Integra Lifesciences Holdings
- Jazz Pharmaceuticals
- Lantheus Holdings
- LivaNova
- Masimo
- Medpace
- Neogen
- Neurocrine Biosciences
- Option Care Health
- Penumbra
- Perrigo
- Progyny
- QuidelOrtho
- R1 RCM
- Repligen
- Shockwave Medical
- Sotera Health
- Tenet Healthcare
- United Therapeutics
- Affiliated Managers Group
- Ally Financial
- American Financial Group
- Annaly Capital Management
- Associated Bank
- Bank OZK
- Brighthouse Financial
- Cadence Bank
- Carlyle Group
- CNO Financial Group
- Columbia Banking System
- Commerce Bancshares
- East West Bancorp
- Equitable Holdings
- Erie Indemnity
- Essent Group Ltd.
- Euronet Worldwide
- Evercore
- Federated Hermes
- Fidelity National Financial
- First American
- First Financial Bankshares
- First Horizon
- FirstCash
- FNB Corporation
- Frost Bank
- Glacier Bancorp
- Hancock Whitney
- Hanover Insurance
- Home BancShares
- Houlihan Lokey
- Interactive Brokers
- Intl Bancshares Corp
- Janus Henderson
- Jefferies
- Kemper
- Kinsale Capital Group
- MGIC Investment Corporation
- Morningstar, Inc.
- New York Community Bank
- Old National Bank
- Old Republic International
- Pinnacle Financial Partners
- Primerica
- Prosperity Bancshares
- Reinsurance Group of America
- RenaissanceRe
- RLI
- SEI
- Selective Insurance Group
- SLM Corp
- South State Bank
- Starwood Property Trust
- Stifel
- Synovus
- Texas Capital Bancshares
- UMB Financial Corp.
- United Bankshares
- Unum
- Valley Bank
- Voya Financial
- Webster Bank
- Western Union
- WEX Inc.
- Wintrust
Technology
- Allegro MicroSystems
- Amkor Technology
- Arrow Electronics
- Aspen Technology
- Avnet
- Belden
- Blackbaud
- Calix
- Ciena
- Cirrus Logic
- Cognex
- Coherent Corp.
- CommVault Systems
- Crane NXT
- Dolby
- Dropbox
- Dynatrace
- GoDaddy
- IPG Photonics
- Kyndryl
- Lattice Semiconductor
- Littelfuse
- Lumentum Holdings
- MACOM Technology Solutions
- Manhattan Associates
- MKS Instruments
- Novanta
- Onto Innovation
- Power Integrations
- Pure Storage
- Qualys
- Rambus
- Silicon Labs
- Supermicro
- Synaptics
- TD Synnex
- Teradata
- Universal Display
- Vishay
- Vontier
- Wolfspeed
- Agree Realty
- Apartment Income REIT
- Brixmor Property Group
- COPT Defense Properties
- Cousins Properties
- CubeSmart
- EastGroup Properties
- EPR Properties
- Equity Lifestyle Properties
- First Industrial Realty Trust
- Gaming and Leisure Properties
- Healthcare Realty Trust
- IRT Living
- Jones Lang LaSalle
- Kilroy Realty Corp
- Kite Realty Group Trust
- Lamar Advertising Company
- Medical Properties Trust
- National Storage Affiliates Trust
- NNN Reit
- Omega Healthcare Investors
- Park Hotels & Resorts
- Physicians Realty Trust
- PotlatchDeltic
- Rayonier
- Rexford Industrial Realty
- Sabra Health Care REIT
- STAG Industrial
- Vornado Realty Trust
- W. P. Carey
This article related to a manufacturing company is a stub. You can help Wikipedia by expanding it. |
- v
- t
- e