Fastenal

Founded in 1967 by Bob Kierlin, the company was incorporated on December 24, 1968.[6] Fastenal's offerings include both purchased and manufactured products.

In January 2016, Daniel L. Florness became the President and CEO of Fastenal. Florness started with Fastenal in 1996 as the company's chief financial officer.[7]

Fastenal has been a sponsor of NASCAR since 2006, and in 2020, they became the official MRO partner of the NHL.[8]

In 2009, Fastenal acquired parts of Holo-Krome, a socket head screw-making company.[9] Fastenal and was added to the S&P 500 index in late 2008.[10][11]

2018 Bolt Award winning branch located in Quakertown, PA

Fastenal first sold mostly fasteners such as screws, threaded rods, and nuts, which are used in construction and manufacturing.[6] Today's product range is more diverse, and the company had a total of 690,000 individual products as of 2010.[5] In addition to a plethora of SKUs, the company offers a variety of services, including inventory management, small fastener manufacture, vending, and machining.[4]

Fastenal has retail stores in every U.S. state,[16] every province of Canada,[13] 14 Mexican states,[13] and Puerto Rico,[16] and Panama.[16]

As of 2000, the company employs 400-plus people at six manufacturing locations,[9] including one manufacturing bolts made using a newer method, cold heading, in Rockford, Illinois,[9] an operation in Wallingford,[9] Connecticut, and another in Malaysia, etc.[9]

Internationally, Fastenal has sites in China, Dominican Republic, Hungary, Malaysia, the Netherlands, Germany, Singapore, and the United Kingdom.[16] In 2006, the company had two sourcing offices in Asia, China and Taiwan, both have an accredited testing laboratory,[17] which, as of 2007, was A2LA certified.

• Official website
• Business data for Fastenal:
  • Google
  • SEC filings
  • Yahoo!