It’s an old idea whose time has come. When Fastenal founder Bob Kierlin first contemplated getting into the nuts and bolts business, one of the first thoughts was of a vending machine that, at the ...

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WINONA, Minn. — Fastenal has reported a mid-summer slump and an overall decrease in sales for its second quarter. The Winona company’s profits were down just over 6 percent compared to the same ...

I realize this is not really new info. Winona nuts and bolts powerhouse Fastenal has been intalling industrial 'vending machines' for the past few years. But I hadn't really looked at this in depth.

In addition to growth through its vending and on-site initiatives, Fastenal is well positioned to benefit from customer consolidation trends. In recent years, customers have been consolidating their ...

We believe Fastenal has a first-mover advantage in both vending and on-site services, introducing the former in 2008 and the latter in 1992 (although the on-site strategy did not become a focused ...