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In The News:

2013 Top 40 Industrial Distributors

04. MRC Global Corp. – Top Industrial Distributors

Company Profile

MRCglobal

Contact Information

About

Headquarters: Houston, TX
2012 Revenues: $5.5 billion
Change in Sales from 2011: 14.6%
Employees: 4,780
Locations: 150 branches, 7 distribution centers, 12 valve automation service centers and 95+ third-party pipe yards (U.S.); 40 branches, 1 distribution center and 25+ third-party pipe yards
2012 Acquisitions: Chaparral Supply; MRC PSA
Key Executives: Andrew R. Lane, president and CEO; James E. Braun, CFO; Daniel J. Churay, general counsel and corporate secretary; Gary Ittner, executive vice president of corporate strategy, mergers and acquisitions; Rory Isaac, executive vice president of corporate strategy, mergers and acquisitions; James Underhill, COO (U.S. operations); Alan Colonna, executive vice president of global business development and supply chain management; Scott Hutchinson, executive vice president of Canada; Neil Wagstaff, executive vice president of international operations

MRC Global Corp. (NYSE: MRC) is an industrial distributor of PVF and related products to the energy industry. The distributor’s goal is to increase market share and grow business with current customers; expand into new geographies globally; expand into new sectors; increase revenue through integrated supply and MRO business; capture high-growth project activity; and continue growing via acquisition. The distributor’s international business has been a growth target in recent years. MRC also has added and plans to continue adding new products to its North American platform, including gaskets, seals, safety and other industrial supply products. “We will also look at future complementary distribution acquisitions that would supplement our PVF leadership position, and we will look at future “bolt-on” acquisitions that broaden our geographic footprint, increase international focus or expand our product offering to our major customers,” MRC reports in its 2012 annual report.

Sales in the U.S. grew 10 percent in 2012 thanks to improved environment in the upstream and midstream sectors, driven by activity in the oil and natural gas shale regions in the U.S. Growth in Canada was attributed to activity levels in the heavy oil and oil sands region there.

The U.S. segment represented about 76 percent of MRC’s sales in 2012; Canada accounted for 14 percent, with the remaining 10 percent International.

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