MSC Industrial Direct

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MSC Industrial Direct Co., Inc
Public
Traded as NYSEMSM
S&P 400 Component
Industry Industrial Equipment Wholesale
Founded New York, NY (1941)
Founder Sidney Jacobson
Headquarters Melville, NY,
Davidson, North Carolina
Key people
Mitchell Jacobson, Chairman
Erik Gershwind, CEO & President
Jeff Kaczka, CFO
Charles Bonomo, CIO
Revenue Decrease$2.863 billion USD (2016)
Decrease$231 million USD (2016)
Number of employees
6462 (2016)
Website www.MSCdirect.com

MSC Industrial Direct Co., Inc (MSC), through its subsidiaries, primarily, MSC Industrial Supply Co., is one of the largest industrial equipment distributors in the world. MSC is most famous for publishing "The Big Book", a catalog totaling over 3,000 pages detailing the company's products, which currently number over 1 million.[1]

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.[2] The company later moved its headquarters to Plainview, NY, in 1970 Manhattan Supply Company was acquired and in 1998, moved to its current headquarters in Melville, New York. The company currently operates from five regional Customer Fulfillment Centers and 85[3] branch offices.[1] 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.[4]

In 2013 the company opened its co-headquarters office in Davidson, North Carolina which is located in the Charlotte, North Carolina 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.[5]

See also[edit]

References[edit]

  1. ^ a b "About MSC". Retrieved 2016-05-31. 
  2. ^ *Newsday: A Wall Street Darling
  3. ^ "MSC Industrial Supply Co. | Locations". www.mscdirect.com. Retrieved 2017-02-23. 
  4. ^ "MSC History". Retrieved 2016-05-31. 
  5. ^ "MSC opens Davidson coheadquarters". Retrieved 2016-05-31. 

External links[edit]