Grainger (NYSE: GWW), the leading broad line supplier of maintenance, repair and operating (MRO) products serving businesses and institutions, in November held its Annual Analyst Meeting in Lake Forest, Illinois. Jim Ryan, Grainger chairman, president and chief executive officer, hosted the event. The meeting also included presentations from other Grainger leaders.
“We serve the needs of customers who are committed to keeping their facilities running and their people safe. The MRO market is large, highly fragmented and offers tremendous opportunity for growth,” said Ryan. “In addition to the challenging macro-environment, we are seeing meaningful shifts in customer behavior that will benefit Grainger. We are being proactive in making changes that position us well for the future. This includes providing industry-leading service, making select investments to drive growth and reducing our cost structure,” said Ryan.