Fastenal Company
(NASDAQ: FAST)
46.32
-0.58
-1.24%
-0.58
-1.24%
MORE ON FAST
COMPANY INFORMATION
| Exchange: | NASDAQ national market |
| Stock: | Fastenal Company |
| Industry: | Industrial Distribution |
| Employees: | 15,145 |
DESCRIPTION
| Fastenal Company was incorporated under the laws of Minnesota in 1968. It operates 14 distribution centers in North America. The Company engages in the wholesale distribution of industrial and construction supplies. It distributes these supplies through a network of approximately 2,500 company owned stores. It distributes these supplies through a network of approximately 2,600 company owned stores. It conducts business under various trademarks and service marks, including: Fastenal®, FAS-N-IT®, FNL®, Blackstone®, Rock River®, Blue Global®, Fastenal Racing®, FNL G9®, Equiprite™, Clean Choice®, Bodyguard™, Profitter®, Dynaflo™, FMT™, Tritan™, Caliber™, PowerPhase™. The product line, which it refers to as the fastener product line, consists of two broad categories: threaded fasteners, such as bolts, nuts, screws, studs, and related washers; and miscellaneous supplies, such as paints, various pins and machinery keys, concrete anchors, batteries, sealants, metal framing systems, wire rope, strut, private-label stud anchors, rivets, and related accessories. Most of its customers are in the construction and manufacturing markets. The construction market includes general, electrical, plumbing, sheet metal, and road contractors. The manufacturing market includes both original equipment manufacturers and maintenance and repair operations. Other users of its products include farmers, truckers, railroads, mining companies, federal, state and local governmental entities, schools, and certain retail trades. Competitors include both large distributors located mainly in large cities and smaller distributors located in many of the same cities in which it has stores. |
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