Fastenal Co. (NASDAQ: FAST), a Winona, Minnesota, company, gained to close at $53.87 Thursday after gaining $0.64 (1.20%) on volume of 1,980,281 shares. The stock ranged from a high of $54.14 to a low of $53.10 while Fastenal’s market cap now stands at $30,961,211,101.
About Fastenal Co.
Fastenal helps customers simplify and realize product and process savings across their supply chain. It sells a broad oCering of products spanning more than nine major product lines – from fasteners and tools to safety and janitorial supplies. These products are eciently distributed to manufacturing facilities, job sites, and other customer locations through local service teams and point-of-use inventory solutions, including industrial vending technology and bin stock programs (Fastenal Managed Inventory or FMI®). Its distribution system centers on over 3,200 in-market locations (a combination of public branches and customer-speci c Onsite locations), primarily in North America but also in Asia, Europe, and Central and South America, each providing tailored inventory, exible service, and custom solutions to drive the unique goals of local customers. These in-market servicing locations are supported by Vfteen regional distribution centers, a captive logistics Deet, robust sourcing, quality and manufacturing resources, and multiple teams of industry specialists and support personnel – all working toward Fastenal’s common goal of Growth Through Customer Service®.