As Seen On TV: Dunder Mifflin / WB Mason Megan Barnett Oct 14, 2009 9:10 am |
![]() |
![]() |
|
||||||||||||
![]() |
|||||
| more As Seen On TV » | |||||
|
Of course, few offices are as comically dysfunctional as the one Michael Scott runs. His office is the Scranton, Pennsylvania, branch of Dunder Mifflin, a "micro-cap regional paper- and office-supply distributor with an emphasis on servicing small-business clients," according to the show's writers and the faux corporate website developed by NBC.
Headquartered in New York City, Dunder Mifflin trades under the ticker DMI and has six other branch offices in the Northeast. As American as it may seem, Dunder Mifflin was inspired by Wernham Hogg, the fictional paper company in the original British version of The Office that first aired on BBC in 2001.
But it turns out that there is something very close to a real life Dunder Mifflin here in the US: WB Mason. Founded in 1898 and serving the office supply needs of businesses in New England and the Mid-Atlantic states, the privately held paper company is the "official office supplier" to the Boston Red Sox, the Philadelphia Phillies, and the New York Yankees. It's headquartered in Brockton, Massachusetts.
Both Dunder Mifflin and WB Mason have evolved from the companies their founding fathers
In a world where office supply giants like Staples (SPLS), Office Depot (ODP), and Office Max (OMX) offer scale and low prices that many smaller firms cannot, Dunder Mifflin and WB Mason are survivors. The current economic recession has not been kind to the industry that serves corporate America's in-office needs. Sales at the big box retailers have dropped by double digits this year. Dunder Mifflin has suffered layoffs and was recently forced to close its branches in Stamford, Camden, and Yonkers. Although it has no presence in Camden or Yonkers, WB Mason has managed to keep the doors open in its Stamford outpost. Even though Dunder is "publicly traded," WB Mason, with 930 employees and 22 offices, is much greater in size.
In 2006, of course, Dunder's scrappy Scranton office had an accounting scare of its own. Angela Martin, the head of accounting and the most unlikely office seductress in all of corporate America, had trouble balancing the books and discovered that $3,000 was missing. After interrogating everyone from the boss to the warehouse manager, she begrudgingly admitted the error was hers.
But neither Dunder Mifflin nor WB Mason is likely to let a little accounting hiccup slow them down. Both companies have adapted as the paper market has evolved during the digital age. Although the promises of a paperless office have never been fully realized, corporate drones are using fewer and fewer reams of paper as email, online documents, and web-based conferences have become mainstream. Forced to move beyond just pulp-based products, both companies sell everything from office furniture to storage supplies to calendars.
And, in keeping up with changing times, corporate web sites for Dunder Mifflin and WB Mason now let customers place orders online, thereby reducing the use of paper on both ends of the transaction.
It's limitless paper in a paperless world.
![]() |
discuss this article and more on the mv exchange |
|
No positions in stocks mentioned.
Get real-time options trading ideas from Steve Smith, veteran options trader and newsletter author, plus let him show you the way to cut risk and boost your returns through the strategic use of options. Click here for a free 14 day trial to OptionSmith by Steve Smith.
Get real-time options trading ideas from Steve Smith, veteran options trader and newsletter author, plus let him show you the way to cut risk and boost your returns through the strategic use of options. Click here for a free 14 day trial to OptionSmith by Steve Smith.
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.
Copyright 2009 Minyanville Media, Inc. All Rights Reserved.
Copyright 2009 Minyanville Media, Inc. All Rights Reserved.
| add rss feed | free article alerts |
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
DC
Delaware
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennesee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Local Guides
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
DC
Delaware
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennesee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Local Guides



















