MSC Industrial Direct Co. Inc. (MSM)

MSC Industrial Direct Co., Inc., together with its subsidiaries, markets various industrial products to various industrial customers. Its product line comprises cutting tools; measuring instruments; tooling components; metalworking products; fasteners; flat stock and raw materials; abrasives; machinery hand and power tools; safety, janitorial, and plumbing products; material handling tools; power transmission products; and electrical supplies. As of August 30, 2008, the company provided approximately 590,000 stock-keeping units through its master catalogs; weekly, monthly, and quarterly specialty and promotional catalogs; newspapers and brochures; and the Internet, including its Web sites, MSCDirect.com, MSCJLMetalworking.com, and Use-Enco.com. Its customers include a range of purchasers of industrial supply products, such as individual machine shops, corporations, and government agencies, including the General Services Administration and the United States Postal Service. The company operates primarily in the United States through a network of 5 customer fulfillment centers and 97 branch offices. MSC Industrial Direct Co. was founded in 1941 and is headquartered in Melville, New York.

For the fiscal year ended 26 August 2006, MSC Industrial Direct Co., Inc.'s revenues increased 20% to $1.32B. Net income increased 21% to $136.4M. Revenues reflect growth in manufacturing & non-manufacturing sectors, demand for products, increased contribution from J & L Industrial Supply and expansion of west coast operations. Net income also reflects improved operating margins and higher other income.