MSC Industrial Direct Co., Inc. Named to the Forbes Platinum 400 List
Melville, New York, May 6, 2009 - MSC Industrial Direct Co., Inc., the country's leading distributor of metalworking and maintenance, repair and operation supplies, today announced its listing on Forbes magazine's "America's 400 Best Big Companies" for the fourth consecutive year. MSC improved its ranking to 189 from 202 in the 2008 list.
To create the list, Forbes examined companies in 26 industries with at least $1 billion in revenue, and ranked them according to earnings growth, corporate practices, long- and short-term sales and stock market performance. After compiling the data, the magazine's writers and editors selected the best-managed company in each industry.
"MSC was recognized as a standout for both its strong balance sheet and financial performance, and effective growth strategy," said David Sandler, President and Chief Executive Officer, MSC Industrial Direct Co., Inc. "Our listing on the Forbes Platinum 400 is an acknowledgement of the hard work of more than 4,000 associates and the company's commitment to making investments that are beneficial to our long term growth."
About MSC Industrial Direct Co., Inc.
MSC Industrial Direct Co., Inc. is one of the premier distributors of Metalworking and Maintenance, Repair and Operations ("MRO") supplies to industrial customers throughout the United States. MSC distributes approximately 590,000 industrial products from approximately 3,000 suppliers to approximately 364,000 customers. In-stock availability is approximately 99%, with next day standard delivery to the contiguous United States on qualifying orders up until 8:00 p.m. Eastern Time. MSC reaches its customers through a combination of approximately 27 million direct-mail catalogs and CD-ROMs, 97 branch sales offices, 912 sales people, the Internet and associations with some of the world's most prominent B2B e-commerce portals.
For more information, visit the Company's website at www.mscdirect.com.
CONTACT:
Jim May, dgs
317.813.2226
