Fastenal

Fastenal Receives EcoVadis Silver Medal for Sustainability

Retrieved on: 
Tuesday, March 5, 2024

Fastenal Company (Nasdaq: FAST), a leader in the wholesale distribution of industrial and construction supplies, is proud to announce it has been awarded a silver medal from EcoVadis.

Key Points: 
  • Fastenal Company (Nasdaq: FAST), a leader in the wholesale distribution of industrial and construction supplies, is proud to announce it has been awarded a silver medal from EcoVadis.
  • EcoVadis uses a broad range of criteria to score companies' sustainability programs in four main areas: environment, ethics, labor and human rights, and sustainable procurement.
  • In addition to helping Fastenal identify opportunities to reduce risk and improve its sustainability performance, the assessment helps current and potential customers identify Fastenal as a responsible business partner.
  • This rapid improvement from receiving no medal recognition to earning a silver medal reflects a heightened and long-term commitment by Fastenal to invest in and continuously improve its processes, systems, and reporting around sustainability.

Fastenal Company Announces Cash Dividend

Retrieved on: 
Wednesday, January 17, 2024

Fastenal Company (Nasdaq:FAST) reported its board of directors declared a dividend of $0.39 per share to be paid in cash on February 29, 2024 to shareholders of record at the close of business on February 1, 2024.

Key Points: 
  • Fastenal Company (Nasdaq:FAST) reported its board of directors declared a dividend of $0.39 per share to be paid in cash on February 29, 2024 to shareholders of record at the close of business on February 1, 2024.
  • Except for share and per share information, dollar amounts are stated in millions.
  • We began paying annual dividends in 1991, semi-annual dividends in 2003, and then expanded to quarterly dividends in 2011.
  • In addition to these regular dividend payments, Fastenal has previously paid special one-time dividends in December 2008, December 2012, December 2020, and December 2023.

Fastenal Company Announces Cash Dividend

Retrieved on: 
Monday, November 20, 2023

Fastenal Company (Nasdaq:FAST) reported its board of directors declared a special one-time dividend of $0.38 per share to be paid in cash on December 20, 2023 to shareholders of record at the close of business on December 6, 2023.

Key Points: 
  • Fastenal Company (Nasdaq:FAST) reported its board of directors declared a special one-time dividend of $0.38 per share to be paid in cash on December 20, 2023 to shareholders of record at the close of business on December 6, 2023.
  • Except for share and per share information, dollar amounts are stated in millions.
  • We began paying annual dividends in 1991, semi-annual dividends in 2003, and then expanded to quarterly dividends in 2011.
  • In addition to these regular dividend payments, Fastenal has previously paid special one-time dividends in December 2008, December 2012, and December 2020.

Islanders Partner with Northwell Health, NYRA, USA Hockey to Create First Public Rinks and Outdoor Experience in Community

Retrieved on: 
Thursday, December 7, 2023

ELMONT, N.Y., Dec. 7, 2023 /PRNewswire/ -- The New York Islanders in partnership with Northwell, the New York Racing Association and USA Hockey are proud to announce the opening of The Park at UBS Arena, a 155,800 square foot season-long, outdoor experience that will introduce the first two public pond hockey rinks to the community.

Key Points: 
  • It will host a series of 4v4 pond hockey tournaments following USA Hockey guidelines, catering to youth and adult divisions at various competitive levels.
  • The second rink, named the Isles Pond, will host Learn to Skate, Learn to Play, and Try Hockey for Free programs.
  • These community programs cater to a wide range of age groups and skill levels, aiming to grow the sport of hockey by making it accessible for everyone.
  • "It's exciting to see the outdoor rinks the Islanders are building," said Pat Kelleher, executive director of USA Hockey.

Imperial Dade Appoints Terry Owen as Chief Operating Officer

Retrieved on: 
Wednesday, November 1, 2023

Imperial Dade, a leading distributor of foodservice packaging supplies, industrial products, and janitorial supplies, today announced that it has appointed Terry Owen to the newly created role of Chief Operating Officer.

Key Points: 
  • Imperial Dade, a leading distributor of foodservice packaging supplies, industrial products, and janitorial supplies, today announced that it has appointed Terry Owen to the newly created role of Chief Operating Officer.
  • In this role, Mr. Owen will draw on his deep operations experience to further strengthen Imperial Dade's ability to deliver industry-leading customer service.
  • “I am honored to join Imperial Dade at this critical moment and am eager to begin contributing to the company’s future growth and success,” said Mr. Owen.
  • He most recently served as Chief Operating Officer at Fastenal Company (Nasdaq: FAST), a leading distributor of industrial and construction supplies.

Fastenal and the National Hockey League Announce Multiyear Global Partnership Extension

Retrieved on: 
Thursday, October 19, 2023

Fastenal Company (Nasdaq: FAST), a global leader in supply chain solutions and industrial distribution, and the National Hockey League (NHL®) today announced a multiyear global partnership extension.

Key Points: 
  • Fastenal Company (Nasdaq: FAST), a global leader in supply chain solutions and industrial distribution, and the National Hockey League (NHL®) today announced a multiyear global partnership extension.
  • In North America, Fastenal will continue their support for tentpole NHL events, including NHL Heritage Classic™, NHL Winter Classic®, NHL All-Star Weekend, and NHL Stadium Series™.
  • As the Official Supply Chain Partner of the NHL, Fastenal will remain focused on providing its services and solutions to the NHL, NHL Clubs, and NHL arenas.
  • "We're thrilled to extend and expand our global partnership with Fastenal," said Kyle McMann, NHL Senior Vice President, Global Business Development.

Fastenal Names New Executive VP of Operations

Retrieved on: 
Thursday, October 12, 2023

Fastenal Company (Nasdaq: FAST) ("the Company") has appointed Anthony P. Broersma as the Executive Vice President-Operations effective on October 11, 2023.

Key Points: 
  • Fastenal Company (Nasdaq: FAST) ("the Company") has appointed Anthony P. Broersma as the Executive Vice President-Operations effective on October 11, 2023.
  • In his new role, he will oversee supply chain, compliance, supplier development, content, property management, eCommerce, supply to fulfillment distribution, and logistics operations of the Company.
  • From February 2016 to February 2021, Mr. Broersma served as our Vice President of International Operations, leading all global operations.
  • From February 2011 to December 2012, Mr. Broersma served as the Director of Asian Operations, while living in Shanghai, China.

Fastenal Company Announces Cash Dividend

Retrieved on: 
Wednesday, October 11, 2023

Fastenal Company (Nasdaq:FAST) reported its board of directors declared a dividend of $0.35 per share to be paid in cash on November 24, 2023 to shareholders of record at the close of business on October 26, 2023.

Key Points: 
  • Fastenal Company (Nasdaq:FAST) reported its board of directors declared a dividend of $0.35 per share to be paid in cash on November 24, 2023 to shareholders of record at the close of business on October 26, 2023.
  • Except for share and per share information, dollar amounts are stated in millions.
  • We began paying annual dividends in 1991, semi-annual dividends in 2003, and then expanded to quarterly dividends in 2011.
  • In addition to these regular dividend payments, Fastenal has previously paid special one-time dividends in December 2008, December 2012, and December 2020.

Capstreet-backed APG Names Longtime Industrial Executive Joe Stephens as CEO

Retrieved on: 
Tuesday, September 26, 2023

HOUSTON, Sept. 26, 2023 /PRNewswire/ -- American Packing & Gasket, LLC, ("APG" or the "Company), a distributor and manufacturer of a broad range of industrial products, today announced that Joe Stephens has joined as Chief Executive Officer.

Key Points: 
  • HOUSTON, Sept. 26, 2023 /PRNewswire/ -- American Packing & Gasket, LLC, ("APG" or the "Company), a distributor and manufacturer of a broad range of industrial products, today announced that Joe Stephens has joined as Chief Executive Officer.
  • Former CEO Matt Dunn will remain with APG on the board of directors.
  • "Having spent his entire career in industrial manufacturing, Joe has a deep understanding of the opportunities and challenges in this space.
  • "I believe that APG is well positioned to take advantage of attractive tailwinds in the industrial sector today."

Fastenal Launches Operational Trial to Electrify Select Fleet Trucks

Retrieved on: 
Tuesday, September 12, 2023

Fastenal Company (Nasdaq: FAST) has begun an operational trial with e-mobility solutions provider ZEVX™ to convert select pickup trucks in its final-mile delivery fleet to electric vehicles.

Key Points: 
  • Fastenal Company (Nasdaq: FAST) has begun an operational trial with e-mobility solutions provider ZEVX™ to convert select pickup trucks in its final-mile delivery fleet to electric vehicles.
  • Having completed a proof-of-concept trial with a single converted vehicle, Fastenal and ZEVX are now conducting a six-state trial using the ZEVX battery electric powertrain and power system products to electrify up to 16 trucks in 2023.
  • The trial reflects Fastenal's ongoing commitment to test and, when feasible, operationalize battery electric technology in its fleet of 700-plus commercial motor vehicles and 8,200-plus last-mile delivery vehicles.
  • "We are committed to helping Fastenal incorporate EV technology in its last-mile delivery fleet," said Sydney Dunn, SVP of Sales & Field Operations at ZEVX.