Grainger details 2004 strategy
Product DetailsW.W. Grainger unveiled its current initiatives this year, as well as specific plans for growing its market share in 2004 at an analyst meeting held Dec. 15, 2003.
The company's executives reviewed key business initiatives and provided guidance to members of the financial community. For 2004, Grainger expects revenue growth of 5 to 10 percent through gaining market share. The company's forecast is based on economic assumptions of GDP and industrial production growth of 3 to 4 percent for 2004.
In his presentation, Chairman and CEO Richard L. Keyser discussed economic and global trends and their effect on the end markets Grainger serves. "The push for productivity directly affects the facilities maintenance industry. The fewer the number of people in a building, less ...