About Fastenal Company

Fastenal is a US based company headquartered in Winona, Minnesota that distributes industrial, safety and construction supplies and offers services including, third party logistics, inventory management, manufacturing and tool repair. The Fastenal story began in 1967 when Bob Kierlin pooled together $30,000 with four friends and opened the first Fastenal store, a 1,000 sq. ft. shop in his hometown of Winona, MN. (The original business plan was to dispense nuts and bolts via custom vending machines, but the technology proved impracticable at the time. Several decades would pass before Fastenal finally popularized industrial vending).

Fastenal has its stores spanning all 50 U.S. states, Canada and Mexico, including locations in Central and South America, Europe and Asia – each striving to be the best industrial supplier in the market it serves. 1.4 million products, 14 Distribution Centers, $4.0 billion in revenue, featured in Forbes list of top 50 most innovative companies.

From one store to nearly 2,500 and counting – We Are Where You Are (#WeAreWhereYouAre).

For more information, please visit Fastenal.com

Fastenal Time Line

A Bright Idea

A Store is Born

Growth Through Customer Services

Fastenal Manufacturing

Initial Public Offering

$100 Million in Annual sales

First Store Outside the US

Opening Bell Rings for FSB

Expanding Our Horizons

Getting Closer to the Source

10,000 Employees

Introduction of Industrial Vending

Top Performing Stock

Captive IT Center Started in India

1950

A Bright Idea

A Store is Born

1967

1970

Growth Through Customer Services

Fastenal Manufacturing

1981

1987

Initial Public Offering

$100 Million in Annual sales

1993

1994

First Store Outside the US

Opening Bell Rings for FSB

1990

2001

Expanding Our Horizons

Getting Closer to the Source

2003

2006

10,000 Employees

Introduction of Industrial Vending

2008

2012

Top Performing Stock

Captive IT Center Started in India

2014