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Q&A: Here’s How Fastenal is Built to Handle Disruption

At the recent Fastenal Expo, we chatted with Senior Executive Vice President Terry Owen about the company's supply chain capabilities, which allow it to handle whatever comes next.

May 4, 2022

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Fastenal

was one of only a few national industrial distributors to grow its revenue during 2020, as everyone from hospitals to government entities relied on the company and its ability to source critical PPE and jansan during the worst of the COVID-19 pandemic. It was enough to offset slashed demand from its core manufacturing and construction customers, but that demand roared back during 2021, and the company’s 2022 first-quarter revenue topped that of the last “pre-pandemic” quarter of 1Q 2020. All the while, the company has continued to evolve its business model to one that leverages its…

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