by Jim Lucy October 11th, 2012
Lots of interesting nuggets in the Fastenal’s 3Q 2012 press release. In addition to growing sales at a double-digit rate for the quarter, the company continued on its remarkable trajectory of branch openings and the installation of company-branded vending machines for MRO supplies within customer facilities. Sales for the Winona, Minn.-based MRO specialist sales increased 10.4% during its most recent quarter and 14.9% YTY.
But what really blows my mind is that Fastenal, has so far this year opened up 73 stores – giving it a total of 2,650 branches – and installing 9,560 new industrial vending machines during the first (…)
via Fastenal opens 73 new branches in first nine months of 2012 | Electrical Marketing’s LiveWire.