The Fastenal Company (NASDAQ: FAST), Winona, MN, announced plans to expand its Indianapolis, IN, distribution facility, the Indiana Economic Development Corporation announced.
"Indianapolis’s geographically central location enhances our ability to service our customers in a timely manner,” said Terry Hanley, regional operations manager for Fastenal.
The company plans to invest $13 million to add an additional 167,000 square feet to the existing 900,000 square foot facility.
Read the latest articles and see your reports.
The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.
Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.
By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.
Wholesale distribution news and trends delivered right to your inbox.
Sign-up for our free newsletter and get:
