12/8/2015 4:59:00 AM
NEWS BRIEFS
Fastenal Co. reported fastener sales declined 4.1% in November.
Overall sales increased 4% to $298.2 million during the month, with daily sales down 1.1% to $14.9 million.
Sales to manufacturing customers dipped 1.6% during November, while sales to non-residential construction customers fell 5.1%.
At the end of November,Fastenal’s total store count was 2,626.
During the month,Fastenal’s overall workforce increased 12.5% to 20,784, including an 11% gain in store personnel to 11,579; an 11.6% gain in selling personnel to 13,102; a 7% increase in distribution personnel to 2,368; and a 3.6% gain in manufacturing personnel to 633.
In October Fastenal acquired certain assets of Fasteners, Inc., a regional industrial and construction supply distributor with store locations in the states of Washington, Idaho, Oregon, and Montana.
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