In its second move in the past month to expand internationally, W.W. Grainger Inc., Lake Forest, Ill., announced that it will increase its stake in the Japanese firm MonotaRO. MonotaRO was created in 2000 as a joint venture between Grainger and Sumitomo to supply maintenance, repair and operating (MRO) supplies in Japan.
According to a Grainger press release, MonotaRO has become a major supplier in the Japanese MRO market, the second largest industrial market in the world. MonotaRO of
All access premium subscription
Only Electrical Marketing newsletter subscribers have access to premium content.
Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.
Sign up for the Electrical Marketing newsletter to get access.