MacGray (TUC) Stock Price, News & Analysis

Mac-Gray Corporation (Mac-Gray) is a laundry facilities management contractor for the multi-unit housing industry. It manages laundry rooms under long-term leases with property owners, property management companies and colleges and universities. It provides laundry convenience to residents of multi-unit housing such as apartment buildings, condominiums, colleges and university residence halls, public housing complexes, and hotels and motels. Its commercial laundry equipment sales business sells commercial laundry equipment manufactured by Whirlpool Corporation, Dexter Laundry Company, American Dryer Corporation, and Primus Laundry Company. It sells commercial laundry equipment primarily to retail laundromats, hotels and similar institutional users that operate their own on-premise laundry facilities. As of February 1, 2012, it provided laundry equipment and related services to laundry rooms located in 43 states throughout the continental United States and the District of Columbia.