Latest In Fastenal
Willard Oberton will end his role as CEO effective December 31.
Quarter's highlights include 16.4% increase in FAST Solutions vending machines.
Year-to-date sales up 11.7 percent.
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Acquisition to promote Fastenals growth in the aerospace market.
Company leverages "T" hub facility to improve efficiency.
Company to add an additional 167,000 square feet.
CEO: Adding part-time support staff frees up sales force for more aggressive sales efforts.
Fastenal's sales growth driven primarily by higher unit sales.
Grainger, Fastenal and other distributors report challenges from unusually cold, snowy weather.
Manufacturing sales up 6.6%, non-residential sales remain stagnant.
