Type Public CEO Erik Gershwind | Founder Sidney Jacobson Number of employees 6,462 (2016) | |
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Traded as NYSE: MSM
S&P 400 Component Industry Industrial Equipment Wholesale Key people Mitchell Jacobson, Chairman
Erik Gershwind, CEO & President
Jeff Kaczka, CFO
Charles Bonomo, CIO Revenue $2.863 billion USD (2016) Net income $231 million USD (2016) Stock price MSM (NYSE) US$ 102.27 -0.08 (-0.08%)16 Mar, 10:14 AM GMT-4 - Disclaimer Headquarters Melville, New York, United States Founded 1941, New York City, New York, United States Subsidiaries J&L Industrial, Sid Tool Co Inc, MSC Services Corp | ||
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.
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. 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 branch offices. 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.
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.