Mac-Gray Corporation · Waltham, MA United States ·(NYSE: TUC)
Company Description
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No change for laundry or copies? Mac-Gray operates debit card- and coin-operated washers and dryers in about 90,000 apartment buildings, condos, dorms, hotels, and public housing complexes in more than 40 states and the District of Columbia. It also supplies card- and coin-operated copiers for college and public libraries, as well as MicroFridge units (combo refrigerator, freezer, and microwave) for academic, military, and other housing facilities. In addition, Mac-Gray distributes equipment to laundromats, hotels, hospitals, and restaurants. Laundry facilities account for the majority of the company's earnings. CEO Stewart MacDonald and his family own about 30% of the firm, which was founded in 1927. To read the full description, subscribe now.
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Key Mac-Gray Corporation Financials
| Company Type | Public - NYSE: TUC Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $363.6 |
| 2008 Employees | 939 |
Mac-Gray Corporation Executives
13 executives listed for Mac-Gray Corporation's Waltham, MA location.
| Title | Name & Bio | Contact |
| Chairman | Thomas Bullock | Network |
| CEO | Stewart MacDonald | Network |
| EVP Operations | Philip Emma | Network |
Competition
Competitive Landscape for Mac-Gray Corporation
Demand is related to growth in consumer income. The profitability of individual companies depends on efficient operations and favorable store locations. Large companies have efficiencies of scale in centralized cleaning operations. Small companies can compete successfully by owning favorable locations or providing special services. The industry is labor-intensive: average annual revenue per employee is just $60,000. To read the full description, subscribe now.Top Mac-Gray Corporation Competitors
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