Fast-Growing Fastenal

Published Thursday, May 01, 2008

When you make your living as a fasteners distributor, you have to sell an awful lot of nuts, bolts and washers to make ends meet. But as one of largest distributors of MRO supplies in the world, the numbers add up quite nicely for Fastenal Co., which has expanded its interests to include hand tools, power tools, abrasives, plumbing and HVAC supplies, materials handling equipment, electrical supplies and safety products. Fasteners still account for approximately 42 percent of the company's 825,000 stock-keeping units (SKUs). Fastenal was founded in 1967 in Winona, Minn., by Bob Kierlin, its current chairman.

Fast-Growing Fastenal

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