PORT WASHINGTON, NY — On Wednesday, Systemax Inc. announced that it will change its legal name to Global Industrial Company, and commence trading on the New York Stock Exchange under the ticker symbol GIC, effective Monday, June 21. In January, Global Industrial launched a new brand identity and “We can supply that” tagline conveying its deep customer insights and ability to deliver tomorrow’s solutions today.
Barry Litwin, Chief Executive Officer of Systemax, said, “Today’s announcement reflects the singular focus of our business and our position as a leading pure-play industrial distributor. The Global Industrial name unifies our corporate operations under the brand our customers know and trust and aligns with our long-term strategic vision for the company. With our multi-year ACE (Accelerating the Customer Experience) strategy and the dedication of our associates, I believe we are well-positioned for continued growth.”
The Global Industrial operating business — No. 19 on Industrial Distribution's 2020 Big 50 List — is a subsidiary of Systemax Inc. (to be renamed Global Industrial Company) and a value-added industrial distributor. For more than 70 years Global Industrial has gone the extra mile for its customers and offers more than a million industrial and MRO products, including its own Global Industrial exclusive brands. With extensive product knowledge and a solutions-based approach, Global Industrial helps customers solve problems and be more successful. At Global Industrial, We can supply that.
Systemax Inc., through its operating subsidiaries, is a provider of industrial products in North America going to market through a system of branded e-Commerce websites and relationship marketers. The primary brand is Global Industrial.
