Fastenal helps customers simplify and realize product and process savings across their supply chain. We sell a broad offering of products spanning more than nine major product lines – from fasteners and tools to safety and janitorial supplies. Fastenal Company deals in distributing construction, industrial and safety supplies. They are essentially a company associated with and promoting industrial supply chain. They even offer other services that include inventory management, tool repairing, manufacturing and many other third party logistic requirements.
The company has more than 2,000 branches across Europe, Mexico, Canada and the United States. The company even offers vending machines, drill bits and other tools. In 2007, they initiated their own freight fleet in order to minimize excessive transportation cost. Custom packaging, product sourcing, inventory management are some of the major services they offer. The company also indulges in global sourcing services and logistics operations too.
The clients of the company include government entities, railroad companies, mining companies, farmers, schools, truckers, etcetera. Fastenal is a US based company headquartered in Winona, Minnesota that distributes industrial, safety and construction supplies and offers services including, third party logistics, inventory management, manufacturing and tool repair. Our Purchasing team plays a key role in ensuring the quality and timeliness of product provided to our customers and internal teams.
This is a complete list of all Fastenal industrial & construction supplies locations along with their geographic coordinates. Fastenal is an American company based in Winona, Minnesota. Selling industrial and construction supplies and services including inventory management services, Fastenal refers to itself as an industrial supply company. Fastenal first sold mostly fasteners such as screws, threaded rods, and nuts, which are used in construction and manufacturing. Today's product range is more diverse, and the company had a total of 690,000 individual products as of 2010. In addition to a plethora of SKUs, the company offers a variety of services, including inventory management, small fastener manufacture, vending, and machining.
Fastenal Company, founded in 1967, is a full-line distributor of different types of industrial and construction supplies. The company s fastening systems include nuts, bolts, screws, socket products, washers, concrete anchoring systems, construction adhesives, firestops and pipes. Its cutting tools division specializes in metal removal tooling, custom design, and re-sharpening services using computerized numerical control equipment. The firm s hydraulics and pneumatics segment offers brand name fittings, hoses, pneumatic valves, and power transmission products.
Its chemicals and paint division specializes in paints, lubricants, inhibitors, cleaners and degreasers. Fastenal Company is headquartered in Winona, Minn., and owns and operates more than 1,800 stores throughout the United States, Canada, Mexico, the Dominican Republic, Puerto Rico, Singapore, Europe and China. As Fastenal grew, it sought a better way to track machine efficiency to improve understanding around downtime, utilization, and quality issues. By implementing MachineMetrics, which leverages Amazon Web Services , Fastenal has gained efficiencies and achieved an 11 percent increase in machine utilization at its Winona, MN facility. Each of our 2,600+ stores is an efficient source for a broad range of products, services and solutions. Backed by our global sourcing and distribution strength, each store provides immediate access to product, custom inventory control solutions, and a level of service that's second to none.
Fastenal is an American company that focuses on providing various types of distribution centres, inventory management services, etcetera, for all of its customers and clients, around the world. As of the year 2018, the company has its presence in over 2,200 locations across the globe. The company provides its services in Asia, Europe, Canada, the USA and Mexico, with the help of its 13 distribution centres. As of the year 2013, the company's annual revenue is more than $3,326 million. Also, the number of employees working at the company, as of the year 2017, is more than 20,500.
The company is ranked at 687 places in the Fortune 1000 companies list. Fastenal Company sells nuts, bolts, and other industrial and construction supplies. Going into 1995 it offered 37,000 different parts at each of its 330 company-operated stores throughout the United States and Canada. Besides its Fastenal stores, the company has also begun operating FastTool and Fastenal/FastTool outlets, which offer an array of tools and safety supplies. Fastenal has been distinguished by more than 15 years of rapid, steady growth. Distributor of industrial supplies, with specialties in threaded fasteners and accessories.
Nuts, bolts, screws, sockets, washers, anchors, pins, and studs offered in product line. Other products include power tools/equipment, cutting tools, hydraulic, and pneumatic equipment. Other products serve industries such as plumbing, electric, manufacturing, welding, and engineering. CAD layout design, mechanical testing, gag calibration, and tool repair also in offered services. I have developed superior problem solving and conflict resolution skills. My daily goals include delivering excellent customer service on every level, meet daily deadlines, and effectively manage all aspects of operations.
Multi-tasking, exceptional organizational skills, data analyzing, planning, highly competitive environment with training offered to help new and tenured employees equally. Fastenal doesn't care about it employees and promotes an environment that makes people want to leave, through inaction. Benefits here are a joke, I would lose 1/4 of my monthly income for my wife and I to have health insurance.
There are no performance reviews or raises for 3-5 years. I took this job to gain IT experience but have not gained any because every job title is IT Support Analyst, even if you work in the inventory area. They say they promote from within, but that will only happen if you are buddy buddy with the higher ups. The one pro I have is that management leaves you to do your work, without breathing down your neck. Amazingly, Fastenal moved through the early 1990s with virtually no long-term debt, while expanding at a rampant pace. New stores were added from the East Coast to the West Coast, and the company opened up a sixth distribution center.
The total number of Fastenal outlets grew to 256 in 1993 and 324 by the end of 1994. With solid gains in existing store sales, company revenues increased to $110 million in 1993 and $161 million in 1994. After posting record net earnings of $11.9 million in 1993, Fastenal's net income surged to $18.7 million in 1994. Fastenal's gains were the result of Kierlin's profitable strategy and constant adaptation to markets. By the early 1990s each Fastenal store was offering a huge 30,000 items. Four thousand of those were stocked, while the rest could be delivered within 24 hours from regional distribution facilities in Winona, Indianapolis, and Scranton .
The stores were typically able to garner profit margins of between 50 percent and 80 percent, which was far above the industry average of about 37 percent. Costs were kept low by locating shops in low-rent districts and minimizing other overhead. The largest industrial supply company in North America, Fastenal Corporation employs over 22,000 staff worldwide, including approximately 1,800 people at its headquarters in Winona, Minnesota. Please take a note that you are about to post a public review about Fastenal Company corporate office on CorporateOffice.com.
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For much of 1994, Fastenal was only in the United States, known primarily as a Midwest fastener distributor, with fewer than 350 locations and $162 million in annual sales. In September, our first branch outside of the U.S. was opened in Stoney Creek, Ontario, Canada, with just two employees. This humble beginning set the stage for a remarkable success story.
As of today, Fastenal's presence in Canada includes more than 1,500 employees, 250 in-market locations, 7,000 vending machines, and two regional distribution centers. Thanks to these individuals and resources, Fastenal Canada accounted for over 6% of total company revenues, or $300 million, in 2018. We had racked up a lot of invoices and thru miscommunication were unaware of how much we owed.
I called the corporate side and spoke to someone who sent me all the invoices. I told her we would send 3 checks for the 3 different months we owed. I asked about sending us to collections she assured me Fastenal would not as long as we were sending in payments. If anything our account at the local stores could be out on hold. We then received a letter that we would be sent to collections if they didn't receive all the money in 10 business days. I got frustrated because the lady I spoke with was extremely rude and acted like we hadn't been sending money in and hadn't communicated at all.
When I called again today I was met with "well we didn't receive the money yesterday so you were turned over to collections" I get it people need to get paid. However when you have people from your company call to collect and they make a plan with a customer who is following thru and sending in the payments DONT threaten to send them over to collections 1 week later. We are looking for additional help in our Service department as it relates to transportation and preparing product for customers at our Minnetonka facility. Ideal candidate exhibits reliability, intelligence of products and use, attention to detail and thoroughness, self-motivation, fits in with our fun and positive company culture, and is committed to providing excellent service to customers. Opportunity for career and/or year-round fulltime job within company after proven ability. Fastenal Co. engages in wholesale distribution of industrial and construction supplies.
The company offers its products under the brand Fastenal. The company was founded by Robert A. Kierlin in November 1967 and is headquartered in Winona, MN. Unless you do some real heinous things, you probably wont get fired. This is the kind of job that micromanages you and hassles you to get call stats everyday. You sit in a cubicle all day and make phone calls, if your phone time falls below a certain time you will get a passive aggressive email. They will treat you like a robot because thats their ideal employee.
If you have to schedule an appointment during business hours, expect to have to put up a fight for it. We were given 5 sick days and 10 vacation days but you can only use so many a quarter. Expect a typical cubicle setting and managers to be constantly watching you, waiting for you to slip up. There are no benefits for busting your butt and I felt no motivation to go above and beyond for this job because there was no reward in it.
Everyday was the same disgruntled customers that you had to call every week. Importantly, in 1981 Fastenal purchased the inventory and customer list of the fastener lines of Briese Steel in Rochester. That move spurred growth, first into La Crosse, Wisconsin, and then throughout the upper Midwest.
By the early 1980s Fastenal was operating more than 30 company-owned stores. Kierlin focused aggressively on customer service and used his financial background to keep tight control on the company's finances. It takes a lot of 'behind the scenes' support to provide the direction, training, tools, and resources our local personnel need to succeed in the field.
The company's Asian trading company, Fastenal Asian Sourcing and Trading, is mainly a wholly foreign-owned enterprise, which is located in Shanghai, China, where it directs mostly sourcing and also import purchasing activities too. Opening in the year 2001, the company's Singapore location was its first site outside North America as well. By the year 2009, the sales operations in Shanghai were complemented by those in its larger neighbour, which was Malaysia. Locally incorporated Fastenal Malaysia SDN BHD is associated with Fastenal's Malaysian activities too as well. The company mainly operates an A2LA accredited testing laboratory in Malaysia, as of the year 2014. Then in the year 2009, Fastenal acquired parts of Holo-Krome - which was a US-based socket head screw-making company.
Fastenal and was added to the S&P 500 index by the end of the year 2008, replacing the removed corporations too. As of the year 2012, Lee Hein had taken over as President of Fastenal. Lee Hein started out in the company as a store employee.
As of the year 2016, Daniel L Florness became the President and CEO of the company. Daniel Florness started with the company in 1996 as the company's CFO. The headquarters of the company is based in 2001 Theurer Boulevard. The name of the place is Winona, while the name of the state is Minnesota, USA. The pin code of the area is 55987. The company has been operational for almost 52 years now.
Fastenal's offerings are mainly all purchased and not made. In the year 1987, the company had become a limited public entity. But as of the year 2009, the company has at least one cold heading manufacturing line as well. By the year 2004, 50 per cent of the product that was processed was steel. As of the year 2009, the company had retail sales outlets in every province and two Canadian distribution centres as well. The same year, the company had established retail outlets in almost fourteen of Mexico's states as well as a distribution centre too.
The company had started its Mexico activities in the year 2001. Communication and organizational skills are essential, as well as the ability to effectively train, coach, evaluate, and discipline team members. Must be able to work flexible hours, including some weekends, and a variety of shifts, as required for the operation of the restaurant. Must be able to handle all business/administrative, management, technical and training.
Regional distribution centers across North America, working with local stores to anticipate customer demand and keep product flowing when and where it's needed. Working out of Winona MN distribution center on a dedicated route was both challenging and rewarding. Winona MN was able to do more stepping outside the box then the local Fastenal stores in Phoenix or Utah distribution center.
The plan was to transfer to Utah for Arizona distribution but due to less activity on the south this was not possible. I spent 5 years at Fastenal working at the corporate office. I was basically a data analyst, but I wasn't compensated as such. You have to really give your life to meet deadlines and go above and beyond to succeed. I was constantly given more and more work without any benefits.
I worked with a fantastic team and I learned a lot from my manager, but it just isn't worth it when you consider the working conditions. You'll probably be compensated reasonably and the offices are probably clean and cool. For anyone interested in working on the actual factory floor, you should probably rethink that interest.
