Headquarters: Lake Forest, IL
2017 Revenue: $312,745,740
16:17 Change: 2.84%
2016 Revenue: $304,116,120
Employees: 25,700 (Company)
Key Executives: DG MacPherson, Chairman & CEO; Thomas Okray, SVP & CFO
Grainger added cutting tool reconditioning services to its metalworking solutions in 2017.
This allows Grainger’s manufacturing customers not to have to throw out worn end mills and drills bits and can instead repair the tools' cutting edges back to their original specifications.
“Our customers have enough to think about when it comes to running their operations, and we want them to have the peace of mind of knowing they only need one point of contact for their tooling needs,” said Brad Laux, Grainger’s director of metalworking strategy.
In 2017, Grainger sold one of its subsidiaries, Techni-Tool Inc., to TestEquity of Moorpark, CA.