NASDAQ:FAST
Fastenal Company is a supplier of a broad range of industrial and construction supplies spanning more than nine major product lines. The company offers a wide range of services like logistics, consultancy, technology solutions, and distribution of industrial and construction products.
It serves customers are in the manufacturing and non-residential construction markets. Fastenal’s sales comprise of fasteners (~34%), safety (18%), cutting tools (6%), and tools and supplies (42%). About 96% of Fastenal’s sales can be attributed to products manufactured by other companies. Fastenal operates through 3,228 in-market locations in 25 countries supported by 15 distribution centers in the U.S., Canada, and Mexico. More than 50% of its sales are derived from major Metropolitan Statistical Areas.
The company has been around since the last five decades and has been growing and developing its capabilities through constant customer feedback. Fastenal is known for providing a full line of quality products, through convenient locations and diverse distribution methods, and the superior service expertise.