Systemax (SYX): 60-Year History as a Leading Direct Marketer of Brand Name Products

Destiny A. Lopez  |

Systemax (SYX), a direct marketer of brand name and private label products, is a Fortune 1000 company that aims to provide its clients a superior shopping experience through its two operating segments.

Serving a broad range of clients, from major corporations to government organizations and individual consumers, the company operates the following segments:

  • Industrial Products Group, which sells a range of maintenance, repair, and operation products. This sectors sell to businesses based in the U.S. and Canada under the names Global Industrial, C&H Distributors, Nexel, Avenue Supply, Global.ca, Industrialsupplies.co and PFI.
  • EMEA Technology Products Group, which sells information and communication technology products. This sector operates under the MISCO and Inmac WStore brand names in Belgium, France, Italy, The Netherlands, Spain, Sweden and the United Kingdom.

Headquartered in Port Washington, New York, Systemax has a company history that demonstrates is ability to adapt to changing times. Founded in 1949 as Global Equipment Company, the company’s over 5,000 employees are currently under the leadership of President and CEO Larry Reinhold. Formerly the director of the company, Reinhold has served as CEO since 2007 and, also, held position of CFO at a number of publicly traded technology companies.

"As a result of the strategic initiatives we have accomplished in the past year, the Company has significantly simplified its structure, reported non-gaap operating profits and maintained a strong balance sheet,” said Reinhold. “We anticipate continuing a regular quarterly dividend in the future. With a strong balance sheet we have the flexibility to return capital to shareholders, execute on our business plans and continue investing in our growth opportunities."

Like so many companies, Systemax will be making the rounds on the fall conference circuit. Coming up, the company is scheduled to participate in this year’s highly anticipated Sidoti Emerging Growth Convention.

Follow this company at the Sidoti Emerging Growth Convention

November 1st, 2016

Marriott Marquis in Times Square

New York, NY

Click here for more info

For details regarding participation or sponsorship opportunities please contact the good people at Sidoti at 212-453-7031

To learn more about Systemax, visit www.systemax.com.

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