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Fastenal to Expand Indianapolis Distribution Facility

The Fastenal Company (NASDAQ: FAST), Winona, MN, announced plans to expand its Indianapolis, IN, distribution facility, the Indiana Economic Development Corporation announced.

"Indianapolis’s geographically central location enhances our ability to service our customers in a timely manner,” said Terry Hanley, regional operations manager for Fastenal.

The company plans to invest $13 million to add an additional 167,000 square feet to the existing 900,000 square foot facility.

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