UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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Emerging growth company |
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. |
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ITEM 7.01 | REGULATION FD DISCLOSURE |
On December 3, 2020, MSC Industrial Direct Co., Inc. (the “Company”) issued a press release announcing the Company’s plans to relocate its Long Island, New York Customer Service Center. A copy of the press release is furnished with this report as Exhibit 99.1.
The information in this Current Report on Form 8-K and the Exhibit attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.
ITEM 9.01 | FINANCIAL STATEMENTS AND EXHIBITS |
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(d) Exhibits: |
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| Press Release, dated December 3, 2020, issued by MSC Industrial Direct Co., Inc. | |
104 |
| Cover Page Interactive Data File (formatted as Inline XBRL). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| MSC INDUSTRIAL DIRECT CO., INC. | |
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Date: December 3, 2020 | By: | /s/ Kristen Actis-Grande |
| Name: | Kristen Actis-Grande |
| Title: | Executive Vice President and Chief Financial Officer |
Exhibit 99.1
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MSC INDUSTRIAL SUPPLY CO. TO RELOCATE CUSTOMER SUPPORT CENTER ON LONG ISLAND, N.Y.
MELVILLE, N.Y. and DAVIDSON, N.C., Dec. 3, 2020 - MSC INDUSTRIAL SUPPLY CO. (NYSE: MSM), a premier distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America, today announced that it plans to relocate its Long Island Customer Support Center (CSC) to a smaller facility in Melville, N.Y.
MSC has signed a long-term lease to occupy approximately 26,000 square feet in an office building located at 515 Broadhollow Road and expects to make the move in late Spring 2021. The company plans to sell its 170,000-square-foot CSC situated on 17 acres at 75 Maxess Road in Melville.
“Like many companies, we moved to a remote working environment during the early stages of the coronavirus pandemic. We have been impressed by the flexibility and productivity that our associates have displayed while working remotely and they have indicated they prefer the flexibility and work-life balance that working from home provides them,” said MSC President and Chief Executive Officer Erik Gershwind.
“Given the surge of coronavirus cases we’re seeing in various regions, it’s unclear when we will be able to return to our offices. But when we do, we do not envision going back to a pre-virus environment. We expect to take a hybrid approach with many associates continuing to work remotely while providing limited access to our facilities for those occasions in which they need to be in the office. With that in mind, we determined that our current CSC in Melville is simply too large to accommodate this hybrid approach, so we have decided to relocate to a more suitable space just one mile away on Broadhollow Road.”
The new facility will feature a vibrant, open floor plan and offer MSC associates the ability to work remotely the majority of the time, but provide a progressive office environment when they need a different workspace or conference room to meet with colleagues, customers, suppliers and others. Associates will be able to reserve a workspace or conference room in the new building through a mobile app.
“Moving to a hybrid remote-working model for our associates opens up a lot of possibilities in terms of attracting and retaining top talent for long-term success as we continue to transform our business to deliver a world-class experience for our customers,” Gershwind said.
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Contact Information
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Investors: |
Media: |
John G. Chironna |
Paul Mason |
Vice President, Investor Relations and Treasurer |
Director, Corporate Communications |
(704) 987-5231 |
(704) 987-5313 |
chironnj@mscdirect.com |
paul.mason@mscdirect.com |
About MSC Industrial Supply Co. MSC Industrial Supply Co. (NYSE:MSM) is a leading North American distributor of metalworking and maintenance, repair, and operations (MRO) products and services. We help our customers drive greater productivity, profitability and growth with more than 1.8 million products, inventory management and other supply chain solutions, and deep expertise from over 75 years of working with customers across industries.
Our experienced team of more than 6,300 associates is dedicated to working side by side with our customers to help drive results for their businesses - from keeping operations running efficiently today to continuously rethinking, retooling, and optimizing for a more productive tomorrow.
For more information on MSC, please visit mscdirect.com.
Document And Entity Information |
Dec. 03, 2020 |
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Cover [Abstract] | |
Document Type | 8-K |
Document Period End Date | Dec. 03, 2020 |
Entity Registrant Name | MSC Industrial Direct Co., Inc. |
Entity Incorporation, State or Country Code | NY |
Entity File Number | 1-14130 |
Entity Tax Identification Number | 11-3289165 |
Entity Address, Address Line One | 75 Maxess Road |
Entity Address, City or Town | Melville |
Entity Address, State or Province | NY |
Entity Address, Postal Zip Code | 11747 |
City Area Code | 516 |
Local Phone Number | 812-2000 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Title of 12(b) Security | Class A Common Stock, par value $.001 |
Trading Symbol | MSM |
Security Exchange Name | NYSE |
Entity Emerging Growth Company | false |
Amendment Flag | false |
Entity Central Index Key | 0001003078 |