MSC Sales & Income Grow

Jason Sandefur

MSC Industrial announced sales, including fasteners, for fiscal 2008 increased 7.5% to $1.78 billion, with net income growing 13% to $196.2 million. MSC boosted its fastener offerings by 40% during fiscal 2008.

Sales during the final quarter of 2008 slipped to $448.6 million, while net income gained 6.5% to $50.5 million.

Founded in 1941 by Sid Jacobson as Sid Tool, MSC distributes metalworking and MRO supplies, including fasteners, to 371,000 industrial customers throughout the U.S and the UK. Web: mscdirect.com �2008 FastenerNews.com