Fastenal is a distributor of industrial and construction supplies, providing a wide range of products that support manufacturing, construction, and maintenance operations.
The company's primary offerings include fasteners, tools, safety supplies, and other industrial products, available through an extensive network of stores, onsite locations, and an e-commerce platform.
Fastenal's revenue is driven by product sales and inventory management services, with fasteners being a significant revenue contributor.
Its target market includes manufacturing companies; construction firms; maintenance, repair, and operations companies; government institutions; and healthcare providers.
Fastenal emphasizes local service and inventory availability to meet the needs of procurement managers, maintenance supervisors, and construction project managers.
Major competitors include Grainger, MSC Industrial Direct, Lowe's, HD Supply (owned by Home Depot), and Amazon Business.
