Fastenal Company engages in the distribution and sale of industrial and construction supplies in a wholesale and retail basis primarily in North America.
As of December 31, 2006, the company had 2,000 store sites located in 50 states, Puerto Rico, Canada, Mexico, Singapore, China, and the Netherlands.
As of December 31, 2006, the company operated store sites in: United States, Puerto Rico, Canada, Mexico, Singapore, Netherlands, and China. As of date, the company operated distribution centers in or near Winona, Minnesota; Indianapolis, Indiana; Atlanta, Georgia; Dallas, Texas; Scranton, Pennsylvania; Akron, Ohio; Kansas City, Kansas; Toronto, Ontario, Canada; Greensboro, North Carolina; and Modesto, California.
The company’s original product offering are fasteners and other industrial and construction supplies, many of which are sold under the Fastenal product name. This product line consists of two 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. Threaded fasteners are used in manufactured products and building projects, and in the maintenance and repair of machines and structures.
The company’s product lines include: Fasteners; Tools and equipment; Cutting tools and abrasives; Hydraulics, pneumatics, plumbing and HVAC; Material handling, storage, and packaging; Janitorial supplies, chemical, and paints; Electrical supplies; Welding supplies; Safety supplies; and Metals, alloys, and materials.
Customers and Marketing
The company's 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.
Subsidiaries
The company’s subsidiaries include Fastenal Canada Company; Fastenal Company Purchasing; Fastenal Company Leasing; Fastenal IP Company; Fastenal Mexico Services S. de R.L. de C.V.; Fastenal Mexico S. de R.L. de C.V.; Fastenal Singapore P.T.E., Ltd.; Fastenal Asia Pacific, Limited.; FASTCO (Shanghai) Trading Co., Ltd.; Fastenal Europe, B.V.; and Fastenal Air Fleet, LLC.
History
Fastenal Company was founded in 1967.
