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  September 5, 2001
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Home > Company Index > Retail > Building Materials & Gardening Supplies Retailing & Wholesale > Fastenal Company

Fastenal Company
Nasdaq: FAST
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 PROFILE
Fastenal knows how to get a hold on things. The company operates about 980 stores in 48 states, Puerto Rico, and Canada. Its stores stock about 195,000 products, including threaded fasteners such as screws, nuts, and bolts (which account for more than half of sales). Other sales come from power tools; metal-cutting tool blades; fluid-transfer parts for hydraulic and pneumatic power; janitorial, electrical, and welding supplies; and material handling items. Other companies make about 95% of Fastenal's products. Its customers typically come from the construction and manufacturing industries. Fastenal also sells through catalogs and its Web site. Minnesota state senator and CEO Bob Kierlin owns 10% of Fastenal.

 COMPETITION
The Home Depot, Inc. (HD)
Lowe's Companies, Inc. (LOW)
TruServ Corporation (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 745.70
1-Yr. Sales Growth: 22.4%
Employees: 6,477
Revenue per employee: $115,130.46

 KEY PEOPLE
• Robert A. Kierlin
    CEO
• Daniel L. Florness
    CFO

 CONTACT INFO
2001 Theurer Blvd.
Winona, MN 55987
US
Phone: 507-454-5374
Fax: 507-453-8049
Online: Web Site

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