Fastenal Company (FAS.DE) XETRA

Currency In EUR

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Fastenal Company

Address

2001 Theurer Blvd

Winona, MN

United States of America (the)

Phone

15074545374

Sector

Industrials

Industry

Industrial - Distribution

Employees

21249

First IPO Date

November 05, 2007

Key Executives

NameTitlePayYear Born
Daniel L. FlornessChief Executive Officer & Director2.9M1963
Max H. TunnicliffSenior EVice President & Chief Financial Officer406,5931979
Sheryl Ann LisowskiExecutive Vice President, Chief Accounting Officer & Treasurer1.12M1967
John Lewis SoderbergSenior Executive Vice President of Information Technology1.18M1971
Charles S. MillerSenior Executive Vice President of Sales1.38M1974
Jeffery Michael WattsPresident & Chief Sales Officer2.05M1972
Noelle Joan OasExecutive Vice President of Human Resources01985
Anthony BroersmaExecutive Vice President of Operations01981
John J. MilekVice President & General Counsel0N/A
Donnalee K. PapenfussExecutive Vice President of Strategy & Communications01965
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Description

Fastenal Company provides a comprehensive range of fasteners, tools, and industrial provisions, which are essential for manufacturing products, constructing structures, ensuring personnel safety, and maintaining facilities and equipment. Based in Winona, Minnesota, the organization currently employs 21,938 full-time staff. Its operations primarily involve the distribution of fasteners and a diverse array of non-fastener maintenance, repair, and operational (MRO) supplies. As of December 31, 2016, these supplies were distributed through an extensive network of approximately 2,500 stores. Fastenal's core customer base includes entities within the manufacturing and non-residential construction industries. The manufacturing market comprises both original equipment manufacturers (OEMs) and businesses focused on maintenance, repair, and operations (MRO). Within non-residential construction, clients include general, electrical, plumbing, sheet metal, and road contractors. Furthermore, the company's offerings cater to a broad spectrum of other users, such as farmers, trucking companies, railway operators, oil exploration, production, and refinement firms, mining corporations, federal, state, and local governmental bodies, schools, and certain retail businesses. Fasteners and various other industrial and construction supplies, many marketed under the Fastenal brand, constitute its initial product lines.

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