PORT WASHINGTON, NY / ACCESSWIRE / January 19, 2024 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, today announced the launch of its "Open Space^TM" initiative at the U.S. Conference of Mayors' 92^nd Winter Meeting in Washington, D.C. Open Space^TM is an innovative concept created by Global Industrial to support the thoughtful configuration of public and private gathering spaces in an effort to promote communal well-being and mental health. During the conference, Barry Litwin, Chief Executive Officer of Global Industrial, participated in a fireside chat hosted by Mayor Hillary Schieve, President of the U.S. Conference of Mayors and Mayor of Reno, Nevada.

Open Space^TM by Global Industrial recognizes that the spaces we inhabit play an important role in the way we interact with others. Fostering a sense of community - whether it is in outdoor parks, hospitals, schools or work environments - can reinforce feelings of connectedness, and mitigate feelings of individual and collective isolation, and in so doing, enhance notions of social responsibility and productivity. The Open Space^TM concept enables Global Industrial to customize an assortment of products to create environments for its customers that promote reflection and interpersonal exchange.

"Through our Corporate Day of Service event with the Helen Keller National Center, we curated an assortment of our outdoor benches, tables, umbrellas, bottle-filling stations and waste disposal solutions to create a serene reflection garden and a Collaboration Courtyard to foster interaction between residents and reinforce their sense of community," said Global Industrial CEO, Barry Litwin. "We sincerely hope that Open Space^TM helps inspire others to look within their organizations to identify how they can help raise awareness and support mental health with these tangible solutions."

"Mental health is a widespread issue that affects many aspects of our communities, including hospitals, schools, corporations, and even within government," said Mayor Hillary Schieve. "We must unite in order to overcome the stigma surrounding mental health. Fostering collaboration between both the public and private sectors will help make our communities more livable for all."

Global Industrial's Open Space^TM initiative invites collaboration between public and private sector companies to proactively help address the mental health crisis that has emerged as a priority for many public officials since the COVID-19 pandemic. For more information about Global Industrial's Open Space^TM offering, visit www.globalindustrial.com/open-space.

About Global Industrial Company
Global Industrial Company (NYSE: GIC), through its operating subsidiaries, is a value-added distributor. For 75 years, Global Industrial has gone the extra mile for its customers, currently offering hundreds of thousands of industrial and MRO products needed to run businesses and facilities. Global Industrial is committed to its customer-centric strategy, and utilizes a team of subject matter experts, Global Industrial Exclusive Brands™ products and national vendor relationships to help customers succeed. Global Industrial. "We Can Supply That®".

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of that term in the Private Securities Litigation Reform Act of 1995 (Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934). Additional written or oral forward-looking statements may be made by the Company from time to time in filings with the Securities and Exchange Commission or otherwise. Any such statements that are not historical facts are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are based on management's estimates, assumptions and projections and are not guarantees of future performance. When used in this release, the words "anticipates," "believes," "estimates," "expects," "intends," and "plans" and variations thereof and similar expressions are intended to identify forward-looking statements. Forward-looking statements in this report are based on the Company's beliefs and expectations as of the date of this report and are subject to risks and uncertainties which may have a significant impact on the Company's business, operating results or financial condition. Investors are cautioned that these forward-looking statements are inherently uncertain and undue reliance should not be placed on them. Important risk factors that may affect our future results of operations and financial condition are detailed from time to time in our Securities and Exchange Commission filings. We undertake no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unexpected events, except as may be required by applicable law.

Investor/Media Contact:
Mike Smargiassi/ Ryan Golden
The Plunkett Group
212-739-6729
mike@theplunkettgroup.com / ryan@theplunkettgroup.com

SOURCE: Global Industrial Company