| Business Summary | | Fastenal
Company
and
its
subsidiaries
sell
industrial
and
construction
supplies.
These
supplies
are
grouped
into
nine
product
lines.
The
construction
market
includes
general,
electrical,
plumbing,
sheet
metal
and
road
contractors.
The
manufacturing
market
includes
both
original
equipment
manufacturers
and
maintenance
and
repair
operations.
Other
users
of
the
Company's
products
include
farmers,
truckers,
railroads,
mining
companies,
municipalities,
schools
and
certain
retail
trades. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Fastenal
Company
is
principally
engaged
in
the
sale
of
industrial
supplies,
including
threaded
fasteners
and
construction
supplies,
through
991
store
sites
located
in
48
states,
Puerto
Rico
and
Canada.
For
the
six
months
ended
6/30/01,
net
sales
rose
11%
to
$405.9
million.
Net
income
fell
3%
to
$39.8
million.
Revenues
benefited
from
additional
store
site
openings.
Earnings
were
offset
by
a
lower
margin
sales
mix
and
costs
attributable
to
site
openings. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Kierlin, 61 Chairman,
CEO | $121K | Willard Oberton, 42 Pres,
COO, Director | 380K | Daniel Florness, 37 CFO,
Chief Accounting Officer, Treasurer | 168K | Nicholas Lundquist, 43 VP
of Sales | 301K | Stephen Slaggie, 61 Sec.,
Director | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|