PROFILE |
 |
Mac-Gray makes sure there's no "out-of-change" excuses for not doing laundry. The company operates some 170,000 debit card- and coin-operated washers and dryers in about 30,000 apartment buildings, dormitories, and other housing complexes in 33 states. It uses mostly Maytag-brand laundry equipment and also distributes equipment to laundromats, hotels, hospitals, and restaurants. Mac-Gray also supplies combination refrigerator/freezer/microwave units (MicroFridge) for academic, military, and other housing facilities, as well as card- and coin-operated copiers for college and public libraries. Chairman and CEO Stewart Gray MacDonald and family own about 60% of the company, which was founded in 1927.
COMPETITION |
 |
Coinmach Laundry Corporation (dossier)
SpinCycle, Inc. (dossier)
|
 |
STOCK ANALYSIS |
 |
FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
 |
Fiscal Year-End: December
2000 Sales (mil.): 154.30
1-Yr. Sales Growth: 3.8%
Employees: 525
Revenue per employee: $293,904.76
KEY PEOPLE |
 |
Stewart G. MacDonald
CEO
Michael J. Shea
CFO
CONTACT INFO |
 |
22 Water St.
Cambridge, MA 02141
US
Phone: 617-492-4040
Fax: 617-354-3963
Online: Web Site
|