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Fastenal's Overview

Total employees17528
HeadquartersWinona
Founded1967

Fastenal Company is a North American leader in the wholesale distribution of industrial and construction supplies. Founded in 1967, Fastenal serves businesses and government entities with a vast product offering spanning fasteners, tools, safety equipment, MRO (maintenance, repair, and operations) supplies, and more. From an end-user perspective, Fastenal is known for its local branch network providing personalized service, its efficient supply chain capabilities, and its innovative FAST Solutions® (industrial vending and managed inventory). They aim to be a reliable partner, helping customers reduce costs, improve inventory management, and ensure operational efficiency through a combination of quality products, expert service, and technology-driven solutions.

Where is Fastenal's Headquarters?

HQ Function

The Winona headquarters serves as the central hub for Fastenal's global operations, overseeing corporate strategy, finance, IT, human resources, marketing, and supply chain management. Key decision-making and administrative functions for the entire organization are based here.

Notable Features:

The headquarters campus on Theurer Boulevard is a modern, multi-building complex designed for efficiency and collaboration, reflecting the company's growth and operational scale. It includes office spaces, training facilities, and areas supporting its technological infrastructure.

Work Culture:

Fastenal's HQ culture is often described as hard-working, customer-focused, and entrepreneurial, reflecting its 'Growth Through Customer Service' motto. There's an emphasis on internal promotion and a down-to-earth, practical approach to business.

HQ Significance:

The Winona HQ is significant as it's the birthplace and nerve center of the company. Its location reflects the company's origins and commitment to the community, while serving as the core for its expansive global network of branches and distribution centers.

Values Reflected in HQ: The headquarters reflects Fastenal's values of ambition, innovation (in its operational support), integrity, and teamwork. Its presence in Winona also speaks to a sense of community and loyalty to its roots.

Location:

Fastenal operates a global network supporting customers in over 25 countries. This includes a vast system of local branches, distribution centers, and FAST Solutions® (industrial vending and onsite managed inventory) installations. Globally, Fastenal supports functions such as local sales and service, inventory management, product sourcing, direct B2B distribution of industrial and construction supplies, and tailored supply chain solutions for international manufacturing, construction, and MRO operations.

Street Address:

2001 Theurer Blvd

City:

Winona

State/Province:

Minnesota

Country:

USA

Fastenal's Global Presence

Indianapolis, Indiana/USA

Address: 9250 E. 30th Street, Indianapolis, IN 46229

To ensure rapid product availability and efficient logistics for branches and direct customer shipments throughout the Midwest, supporting industries like manufacturing, automotive, and construction.

Mississauga, Ontario/Canada

Address: Unit 1, 6775 Financial Drive, Mississauga, ON L5N 0J1, Canada

To manage and grow Fastenal's presence in Canada, tailoring services and product offerings to Canadian industrial and construction sectors, and ensuring efficient supply chain operations within the country.

Eindhoven, North Brabant/Netherlands

Address: De Hurk 3701, 5652 EV Eindhoven, Netherlands

To support and expand Fastenal's market share in Europe, providing industrial supplies and supply chain solutions to diverse European industries, and managing logistics across the continent.

Buying Intent Signals for Fastenal

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Fastenal

As of April 2025, Fastenal' leadership includes:

Daniel L. Florness - President and Chief Executive Officer
Holden Lewis - Executive Vice President and Chief Financial Officer
Terry M. Modock - Executive Vice President - Sales
Jeffery L. Watts - Executive Vice President – International and Operational Support
John L. Soderberg - Executive Vice President - Information Technology
Reyne K. Wisecup - Executive Vice President - Human Resources
Charles S. Miller - Executive Vice President - Operations
Anthony P. Broersma - Executive Vice President - Product Development and Procurement

Investors of Fastenal

Fastenal has been backed by several prominent investors over the years, including:

The Vanguard Group, Inc.
BlackRock, Inc.
State Street Corporation
Geode Capital Management, LLC
Morgan Stanley

Executive New Hires/Exits in the Last 12 Months

Hire2
Exits0

Fastenal has seen some internal promotions to executive vice president roles in early 2024, reflecting its strategy of developing leadership from within. No major publicly announced departures of top-named executive officers in the past 12 months.

New Appointments:

Charles S. Miller, Charles S. Miller promoted to Executive Vice President - Operations.
Anthony P. Broersma, Anthony P. Broersma promoted to Executive Vice President - Product Development and Procurement.

Technology (Tech Stack) used by Fastenal

Discover the tools Fastenal uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Fastenal Email Formats and Examples

Fastenal commonly uses an email format combining the first initial and last name (e.g., jsmith@fastenal.com). Other possible formats might exist within the organization, but this is a widely recognized pattern.

flast@fastenal.com

Format

jsmith@fastenal.com

Example

75%

Success rate

News and media

Fastenal Investor Relations / Business WireMay 10, 2024

Fastenal Company Announces Cash Dividend

Fastenal Company announced that its board of directors declared a dividend of $0.39 per share to be paid in cash on May 29, 2024, to shareholders of record at the close of business on May 21, 2024. This reflects the company's ongoing commitment to returning value to its shareholders....more

Yahoo Finance / Fastenal Press ReleaseApril 11, 2024

Fastenal Company Reports 2024 First Quarter Earnings Results

Fastenal announced its financial results for the first quarter of 2024, reporting net sales of $1.895 billion, a 1.9% increase year-over-year. The company highlighted continued growth in its Onsite and FAST Vend solutions, despite a mixed demand environment. Earnings per share were $0.52....more

Fastenal Q1 2024 Earnings Call / Seeking Alpha TranscriptApril 11, 2024

Fastenal Highlights Digital Footprint Growth and Onsite Strategy in Q1 2024

In its Q1 2024 earnings discussion, Fastenal emphasized the continued expansion of its digital footprint, with e-commerce revenue growing. The company remains focused on its Onsite strategy, providing managed inventory solutions directly at customer facilities, which contributes significantly to customer retention and sales growth....more

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