Founded in 1967 in Winona, Minnesota, by Bob Kierlin, Fastenal (NASDAQ:FAST) serves as a leading distributor of industrial and construction supplies throughout North America and selected international markets. The company combines a network of locally staffed branches with regional distribution centers and a robust e-commerce platform. Since its initial public offering in 1987, Fastenal has pursued growth through a blend of traditional wholesale distribution and advanced inventory management solutions.
Fastenal’s product portfolio spans a wide range of fastening and MRO (maintenance, repair and operations) supplies, including bolts, nuts, screws, anchors and cutting tools. The company also offers power tools, welding equipment, safety supplies and janitorial products sourced from well-known manufacturers. To enhance customer efficiency, Fastenal provides on-site vending systems, custom labeling, kitting services and mobile delivery, supporting just-in-time inventory replenishment and reducing operational downtime.
With more than 3,000 branches across the United States, Canada, Mexico and additional locations in Europe, Asia and Australia, Fastenal supports clients in manufacturing, construction, energy, government and other industries. Its extensive branch network is backed by strategically located distribution hubs, enabling rapid order fulfillment and minimized lead times. A digital portal and mobile app give customers seamless access to product information, ordering, shipment tracking and usage analytics.
Under the guidance of Chairman Robert Kierlin and Chief Executive Officer Daniel L. Florness, Fastenal emphasizes strong local customer relationships and operational excellence. The company’s decentralized branch structure empowers regional teams to tailor solutions to market-specific needs, while corporate headquarters focuses on supply chain innovation and technology development. Fastenal’s ongoing commitment is to deliver quality products and value-added services that enhance productivity, safety and efficiency for its global customer base.
