November 7, 2014

Fastenal CEO Announces Resignation

Willard Oberton will end his role as CEO effective December 31.

U.S. sales increased 18.7 percent, primarily on organic sales growth.

Chad Crow has served as CFO for the company since 2009.

Sales for the laboratory products distributor increased 5.6 percent in the third quarter.

Rexnord is exploring strategic alternatives for its mill products segment.

Construction employers added 12,000 jobs in the month.

Reflector of light, partner hero, rainmaker, relentlessness, passion: remembering an industry leader.

Take the time to lay the groundwork before embarking on too many projects at once.