Fastenal Company is an American supply chain solutions company based in Winona, Minnesota. The firm is primarily engaged in the distribution of a wide range of industrial and construction products, along with supplying related consulting, logistics, and technology services. The firm was founded in 1967 and serves an international customer base.
The Fastenal service model involves approximately 3,200 in-market locations, each providing custom inventory and a dedicated sales team to support a range of customers across multiple industries. The firm serves clients from global manufacturers and contractors to K-12 schools, retail and e-commerce corporations, and major hospitals and universities.
The firm’s name comes from its background in primarily supplying fastener products, such as threaded fasteners, bolts, nuts, screws, studs, and washers, for use in manufactured products and construction projects, as well as in the maintenance and repair industry. The company now also offers a range of related miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, and rivets. The firm is listed on the NASDAQ, where is trades under the stock ticker FAST.
Monitor the Fastenal share price by adding it to your eToro watchlist to get instant news and updates on FAST stock value changes.