HOUSTON, May 8, 2012 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) has been recognized as one of America's largest public companies by Fortune magazine. Based on 2011 sales of $4.8 billion, MRC Global Inc. made its debut at 493 on the magazine's "Fortune 500" list.
MRC Global Inc. is the largest global distributor of pipe, valve and fitting products to the energy and industrial industries and operates more than 400 service locations in 18 different countries around the world. The company relies on this distribution network and long-standing, global manufacturer relationships to provide a unique value proposition to energy and industrial end users in the upstream, midstream and downstream sectors.
"We are proud to be recognized by Fortune, especially as a newly public company," MRC Chairman, President and CEO Andrew Lane said. "After more than 90 years as a successful private organization with a proven reputation for integrity and excellent service, we look forward to continuing to build upon that legacy as a publicly held company."
Compiled since 1955, the "Fortune 500" ranks U.S. companies by sales. Companies are ranked by total revenues for their respective fiscal years. Included in the survey are companies that are incorporated and operate in the U.S. and file financial statements with a government agency.
More About MRC
Headquartered in Houston, Texas, MRC, a Fortune 500 company, is the largest global distributor of pipe, valve, and fittings (PVF) and related products and services to the energy industry, based on sales, and supplies these products and services across each of the upstream, midstream and downstream sectors. More information about MRC can be found at www.mrcpvf.com.
Contacts:
Will James, Vice President
Corporate Development & Investor Relations
[email protected]
832-308-2847
Ken Dennard, Managing Partner
Dennard Rupp Gray & Lascar, LLC
[email protected]
713-529-6600
SOURCE MRC Global Inc.
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