MSC Industrial Direct Co Inc - Company Profile
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MSC Industrial Direct Co Inc (MSC) is a direct marketer and distributor of metalworking and maintenance, repair, and operations (MRO) products and services. Its product portfolio offers cutting tools, measuring instruments, metalworking products, tooling components, fasteners, abrasives, machinery hand and power tools, safety, janitorial, flat stock, raw materials, material handling, plumbing, power transmission, electrical supplies, and others. MSC serves wide array of range of customers from individual machine shops, to Fortune 100 manufacturing companies and government agencies. It operates through a network of customer fulfillment centers, warehouses, regional inventory centers, and manufacturing locations. The company has operations in the US, Canada and the UK. MSC is headquartered in Melville, New York, the US.
Headquarters
United States of America
Address
515 Broadhollow Road, Melville, New York, 11747
Website
www.mscdirect.com
Telephone
1 516 8122000
No of Employees
7,131
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
MSM (NYSE)
Revenue (2023)
$4.0B
8.6%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
1%
(2023 vs 2022)
Market Cap*
$5.1B
Net Profit Margin (2023)
XYZ
-7.0%
(2023 vs 2022)
* As of and is in US$
MSC Industrial Direct Co Inc premium industry data and analytics
Products and Services
| Products |
|---|
| Cutting Tools |
| Measuring Instruments |
| Metalworking Products |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Acquisitions/Mergers/Takeovers | In January, the company announced its acquisition of KAR Industrial Inc. |
| 2023 | Contracts/Agreements | In April, the company signed an agreement to be the exclusive e-commerce distributor of metalworking and MRO products to customers of MachiningCloud. |
| 2023 | Acquisitions/Mergers/Takeovers | In January, the company acquired Buckeye Industrial Supply and Tru-Edge Grinding. |
Competitor Comparison
| Key Parameters | MSC Industrial Direct Co Inc | WESCO International Inc | W.W. Grainger Inc | Fastenal Co | Applied Industrial Technologies Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Melville | Pittsburgh | Lake Forest | Winona | Cleveland |
| State/Province | New York | Pennsylvania | Illinois | Minnesota | Ohio |
| No. of Employees | 7,131 | 20,000 | 23,000 | 20,284 | 6,365 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mitchell Jacobson | Chairman | Executive Board | 2013 | - |
| Erik Gershwind | President; Director; Chief Executive Officer | Executive Board | 2013 | - |
| Kristen Actis-Grande | Chief Financial Officer; Executive Vice President | Senior Management | 2020 | - |
| Martina McIsaac | Executive Vice President; Chief Operating Officer | Senior Management | 2022 | - |
| Beth Bledsoe | Senior Vice President - Human Resources; Chief People Officer | Senior Management | 2020 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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