Fastenal Co.

Fastenal Co.

Fastenal Co.

Overview
Date Founded

1968

Headquarters

2001 Theurer Boulevard,Winona, MN 55987-1500

Type of Company

Public

Employees (Worldwide)

20.4K

Industries

Wholesale: Consumer Durables
Other Business & Consulting Services
Engineering, Construction & Architecture

Company Description

Fastenal Co. engages in the provision of fasteners, tools, and supplies which can help in the manufacture of products, build structures, protect personnel, and maintain facilities and equipment. It products include cutting tools & metalworking, fasteners, material handling, storage & packaging power, transmission & motors, tools & equipment, electricals, abrasives, hydraulics & pneumatics, plumbing, lifting & rigging, raw materials, fleet & automotive, welding, office products & furniture, janitorial and lighting. The company was founded by Robert A. Kierlin, Michael M. Gostomski, Henry K. McCannon, John D. Remick, and Stephen M. Slaggie in November 1967 and is headquartered in Winona, MN.

Contact Data
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Executives & Employees

Chief Executive Officer, President & Director

President, Chief Executive Officer & Director

Executive Vice President & Chief Financial Officer

Executive Vice President, Chief Accounting Officer & Treasurer

Senior Executive Vice President, Information Technology

Senior Executive Vice President, Sales Operations

Director & Senior Executive Vice President, Human Resources

Senior Executive Vice President, Sales

Executive Vice President, International Sales

Board of Directors

Former President & Chief Executive Officer at Fastenal Co.

Former President, Chief Executive Officer & Director at Fastenal Co.

Former Audit Partner at KPMG LLP

Executive Vice President-Strategic Planning, Digital & New Business at Ecolab, Inc.

Chief Executive Officer at M. A. Mortenson Company

President-Aftermarket/Parts, Garments & Accessories at Polaris, Inc.

Former Chief Information Officer & Vice President at Cargill, Inc.

Former President-North American Surface Transportation at C.H. Robinson Worldwide, Inc.

Director at Fastenal Co.

Director & Senior Executive Vice President, Human Resources at Fastenal Co.

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Fastenal Co.
Owners & Shareholders
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Walter Scott’s commitment to global equity investment is delivered through a structured philosophical and analytical framework which provides a rigorous screening tool with a sole focus on stock selection. Their Investment Research team is grouped into three geographical regions – EMEA (Europe, Middle-East and Africa), Americas, and Asia Pacific – with individuals periodically rotated across these teams in order to build global knowledge and investment expertise. Research is consciously bottom-up and all investment professionals are generalists, covering all sectors. Irrespective of mandate, every portfolio is managed by bringing together the skill, judgment and experience of both the Investment Research team and the Investment Executive. Investment decisions rest upon original research conducted in-house. External research is used only to complement that in-house work. Sell-side research is used in a limited capacity and they do employ the services of independent research providers.

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INTECH’s investment philosophy focuses on providing a differentiated approach to portfolio management by applying mathematics to portfolio construction and is based on the mathematical foundation of Stochastic Portfolio Theory. The firm offers institutional investors relative-risk, adaptive volatility, low volatility, absolute return and market neutral products, each of which is engineered with risk controls and optimization parameters specific to the strategy’s underlying benchmark index and level of aggressiveness. Intech’s strategies include: Enhanced, Core, Growth, Value, Adaptive Volatility, Low Volatility, Absolute-Return, and Market Neutral. Portfolios can be constructed and benchmarked to S&P, Russell, MSCI, FTSE, and their respective subset indices.

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Cantillon Capital Management seeks long term capital appreciation by investing in a globally diversified portfolio of equities and equity-related securities, which includes securities of emerging markets issues which are listed or traded on recognized exchanges. The firm believes that there is a direct relationship between a company's long term sustainable financial productivity (SFP) and its intrinsic value. Financial productivity is a measure of the profits a company generates for a given level of investment in the business. Cantillon strives to generate positive rates of return by investing in companies which generate high levels of SFP and whose listed securities trade at a discount to their intrinsic value. Cantillon Capital Management’s investments primarily include equities and equity-related securities which are listed or traded on a recognized exchange, which includes common and preferred stock, exchange-traded options on equities, equity warrants and convertible securities in all countries, including emerging markets issues. The firm may also invest in corporate and government fixed-income securities (investment grade, high yield and not rated), spot and forward currency contracts, reverse repurchase agreements for efficient portfolio management, and ETFs, that offer exposure to industries, regions or emerging stock markets.

Recent Transactions
Details Hidden

Fastenal Co. purchases Fasteners, Inc.

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Fastenal Co. purchases Av-Tech Industries, Inc.

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Fastenal Co. purchases H-K Connecticut Holding Co.

Insider Transactions
Details Hidden
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Transaction Advisors
Accountant

Advised onAllied Capital Corporation, The Hillman Cos., Inc. purchase Fastenal Co. /DIY Division from Fastenal Co.

Legal Advisor

Advised onAllied Capital Corporation, The Hillman Cos., Inc. purchase Fastenal Co. /DIY Division from Fastenal Co.

Clients

Environmental Tectonics Corp. engages in the design, manufacture, and sale of software driven products. The firm also offers services used to create and monitor the physiological effects of motion on humans, equipment; and to control, modify, simulate, and measure environmental conditions. It operates through the following business segments: Aerospace, Commercial/Industrial Systems (CIS), and Corporate. The Aerospace segment designes, manufactures, and sells aircrew training systems, altitude chambers, multi-place chambers, disaster management simulators, and integrated logistics support. The CIS segment handles the design, manufacture, and sale of steam and gas, environmental testing and simulation devices, mono-place chambers, and parts and services support for customers. The Corporate segment represents income, expenses; assets not specifically identifiable to an individual business group orapplicable to all groups and general corporate expenses; and central administrative office expenses. The company was founded by William F. Mitchell in 1969 and is headquartered in Southampton, PA.

TO PROVIDE FINANCIAL AND OTHER SUPPORT TO NEW COLLEGE INSTITUTE, A VIRGINIA PUBLIC BODY CONSTITUTED BY STATUTE AS A GOVERNMENTAL INSTRUMENTALITY FOR THE DISSEMINATION OF EDUCATION.

Key Stats and Financials As of 2020
Market Capitalization
$28.8B
Total Enterprise Value
$28.5B
Earnings Per Share
$1.49
Revenue
$5.65B
Net Profit
$859M
EBITDA
$1.3B
EBITDAMargin
23.07%
Total Debt
$650M
Total Equity
$2.73B
Enterprise Value / Sales
5.05x
Enterprise Value EBITDAOperating
21.7x
TEVNet Income
33.19x
Debt TEV
0.02x
Three Year Compounded Annual Growth Rate Of Revenue
8.75%
Non-Profit Donations & Grants
Investors
Details Hidden

Former Director-Strategic Planning, Financing & Taxation at Kwik Trip, Inc.

Suppliers
American Software Inc. Computer Software | Atlanta, GA

American Software (NASDAQ: AMSWA) provides demand-driven supply chain management and enterprise software solutions backed by more than 40 years of industry experience that drive value for companies regardless of market conditions. American Software, Inc. (American Software) develops, markets and supports a portfolio of software and services that deliver enterprise management and collaborative supply chain solutions to the global marketplace. The Company's software and services are designed to bring business value to enterprises by supporting their operations over intranets, extranets, client/servers or the Internet. It provides software solutions through three business segments, which are broken down into four product and service groups. The three business segments include Supply Chain Management (SCM), Enterprise Resource Planning (ERP) and Information Technology (IT) Consulting

Kimberly-Clark Corp. Other Business & Consulting Services | Irving, TX

Kimberly-Clark Corp. engages in the manufacture and marketing of products made from natural or synthetic fibers. It operates through the following segments: Personal Care, Consumer Tissue, and K-C Professional (KCP). The Personal Care segment offers disposable diapers, training and youth pants, swim pants, baby wipes, feminine and incontinence care products, and other related products. The Consumer Tissue segment produces and sells facial and bathroom tissue, paper towels, napkins, and related products for household use. The K-C Professional segment supplies workplace supporting products such as wipers, tissue, towels, apparel, soaps, and sanitizers. The firm's brands include Depend, Huggies, Kleenex, Kotex, and Scott. The company was founded by John A. Kimberly, Havilah Babcock, Charles B. Clark, and Frank C. Shattuck in 1872 and is headquartered in Irving, TX.

3M Company Computer Software | Saint Paul, Minnesota

3M Co. is a technology company, which manufactures industrial, safety and consumer products. It operates through the following segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. The Safety and Industrial segment consists of personal safety, industrial adhesives and tapes, abrasives, closure and masking systems, electrical markets, automotive aftermarket, and roofing granules. The Transportation and Electronics segment consists of electronics, automotive and aerospace, commercial solutions, advanced materials, and transportation safety. The Health Care segment includes medical and surgical supplies, skin health and infection prevention products, oral care solutions, separation and purification sciences, health information systems, inhalation and transdermal drug delivery systems, and food safety products. The Electronics & Energy segment involves in the optical films solutions for electronic displays, packaging and interconnection devices; insulating and splicing solutions; touch screens and touch monitors; renewable energy component solutions; and infrastructure protection products. The Consumer segment products includes office supply products, stationery products, home improvement products, home care products, protective material products, certain consumer retail personal safety products, and consumer health care products. The company was founded by Henry S. Bryan, Hermon W. Cable, John Dwan, William A. McGonagle and J. Danley Budd in 1902 and is headquartered in St. Paul, MN.

Awards & Honors
Rank #607
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
Rank #19
2014
Forbes - World's 100 Most Innovative Companies
Sponsored by Forbes Magazine
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