Fastenal | Latest News & Updates - Nov 08, 2024 Release

Fastenal's average daily sales increased by 2.8% in October 2024, with total manufacturing sales growing 8% and non-residential construction sales dropping 4.9%...


Brought to you by RivalSense - an AI tool for monitoring any company.

RivalSense tracks the most important product launches, fundraising news, partnerships, hiring activities, pricing changes, tech news, vendors, corporate filings, media mentions, and other developments of companies you're following 💡


Fastenal

🌎 fastenal.com

Fastenal is a leading wholesale distributor of industrial and construction supplies, specializing in supply chain management, inventory management, and safety equipment. Headquartered in Winona, MN, the company is recognized as the largest fastener distributor in North America, offering a wide range of products and services to enhance operational efficiency for various organizations, including government, healthcare, and manufacturing sectors.


Fastenal - Latest News and Updates

  • Fastenal's average daily sales increased by 2.8% in October 2024, with total manufacturing sales growing 8% and non-residential construction sales dropping 4.9%.
  • Fastenal stock reached an all-time high of $80.95, marking a 37.73% increase over the past year, while the company reported a 3.5% rise in net sales and promoted Donnalee K. Papenfuss to Executive Vice President of Strategy and Communications effective November 1, 2024.
  • Natalyia G. has joined Fastenal as a Supply Chain Associate in the United States, previously holding a position in a similar role.
  • Jared Martinez, Customer Solutions Consultant at Fastenal, participated in Cold Stress discussions to prepare for the rainy season.
  • Fastenal promotes its Onsite service as a dedicated team that reduces Total Cost of Ownership by ensuring timely and accurate inventory management.

Sign up to receive regular updates


If you liked the insights, consider following your own companies of interest. Receive weekly insights directly to your inbox using RivalSense.