6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060
Toll free (888) 742-5060
MRC Global had a strong 2017 with its nearly 20 percent jump in sales.
The company attributed some of that to its decision in 2016 to close 30 branches, which reduced its headcount by 1,500 or 30 percent. The new corporate tax laws were helpful as well, explained Andrew Lane, MRC Global's president and CEO.
“The U.S. tax reform legislation reducing the corporate tax rate has benefited our financial results in 2017,” Lane said. “The lower rate is expected to provide earnings and cash flow benefits in 2018.”