11/6/2013 1:16:00 PM
NEWS BRIEFS
Rising OEM Demand Boosts Fastenal Sales
Fastenal reported sales in October grew 7.7% to $310.9 million, with daily sales up 7.7% to $13.52 million.
Sales to manufacturing customers grew 7.6% and non-residential construction customers increased 5.4%.
Total employee headcount rose 9.6% to 16,931, boosted by a 15.7% jump in non-store selling personnel, a 7.9% increase in distribution personnel and an 8.2% increase in manufacturing personnel.
During October Fastenal opened two new stores, compared to none in October 2012. The company’s total store count stands at 2,688. ©2013 GlobalFastenerNews.com
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