Fasting

The Fastenal is an American distributor and manufacturer of fasteners (ger .: Fastener) in the areas of standard and special parts. The company's US headquarters is located in Winona in the US state of Minnesota ; the European subsidiary Fastenal Europe is headquartered in Brno in the Czech Republic.

Fasting
legal form	Corporation
ISIN	US3119001044
founding	1967
Seat	Winona , Minnesota , United States
management	Daniel L. Florness
Number of employees	20,746 (2015)
sales	3.869 billion US dollars (2015)
Branch	retail trade
Website	www.fastenal.com
Status: 2016

history

In 1967, Bob Kierlin founded the first Fastenal business in his hometown of Winona with four friends and $ 30,000 in starting capital. Four years later, the second store was opened, and others followed. In 1982, the in-house production of special parts for customers began. Five years later, the company went public. In 1993, sales reached the US $ 100 million mark. One year after Fastenal became a sponsor of NASCAR , the 2000th store was opened in Seattle in 2007 , after the 1000th store had only opened in 2001 in Kapolei . Today Fastenal has over 2,600 stores worldwide.

Individual evidence

1. ↑ fastenal.com Web Team: Custom Manufacturing | Fasting. In: www.fastenal.com. Retrieved December 13, 2016 . 
2. ↑ Management
3. ↑ ^{a b} Fastenal: Annual Report 2015. (PDF) Retrieved on December 3, 2016 (English). 
4. ^ Fastenal: Fastenal History. October 24, 2014, accessed December 28, 2016 . 
5. ↑ fastenal.com Web Team: About Us | Fasting. In: www.fastenal.com. Retrieved December 28, 2016 .