Fastenal Company Competition

Some might say it has a screw loose, but things are really pretty snug at Fastenal. The company operates more than 2,650 stores in all 50 US states and in Canada, Mexico, Asia, and Europe. Its stores stock almost 1.4 million products in about a dozen categories, including threaded fasteners (such as screws, nuts, and bolts), representing about 45% of overall sales. Other sales come from fluid-transfer parts for hydraulic and pneumatic power; janitorial, electrical, and welding supplies; material handling items; metal-cutting tool blades; and power tools. Its customers are typically construction, manufacturing, and other industrial professionals. Fastenal was founded in 1967 as a supplier of threaded fasteners.

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