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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.