Fastenal reported a strong February that saw the company's best daily sales growth since October 2022 despite a downstep for its top national accounts.
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The Midwest-based company rebranded from General Fasteners Company during 2025 and has rapidly expanded its warehouse footprint in recent months.
The new leader will succeed current CEO Steve Henry, who is retiring after 16 years with the company.
Meanwhile, the hardware products distributor’s annual sales hit a new company record.
Carson's Nut-Bolt & Tool serves contractors, fabricators, OEMs, government professionals and industrial customers across South Carolina and the surrounding region.
That’s despite a small monthly downtick in the portion of in-market locations reporting growth, meaning Fastenal got relatively more out of its biggest customers. Get our full breakdown of the January numbers here.
Private equity firm Exponent acquired U.K.-based Optimas International from its U.S.-based parent company Optimas Solutions.
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It was a new annual revenue high-water mark, as pricing actions and improved sales effectiveness carried the company through lasting "sluggish" market conditions.
The manufacturer/distributor made nine bolt-ons during 2025 that led to healthy annual gains in sales and EBITDA.
Sales grew at a much stronger rate outside of the company's Germany-base.
GradeEight adds a single location distributor that carries a range of fastener types along with MRO supplies.
Dan Florness has been with the company since 1996 and its CEO for the past nine-plus years.
The new facility will be the company's flagship location with advanced warehouse operations, quality and engineering lab and an innovation center.
Louisiana-based STS supplies fasteners, PVF, gaskets, pipe supports and cutting tools to refinery and chemical facilities, oil and gas operators, industrial contractors and manufacturing customers across the U.S.
It nets the master distributor — primarily known for its fastener offerings — nine new locations across the U.S. and gives it a strong footfold in the wire and cable market.
This is the third new location for the Wisconsin-based distributor in 2025.
The distributor posted its fifth straight month of double-digit daily sales gains despite a soft demand backdrop and topped analysts’ expectations, powered by acceleration in heavy manufacturing.
The fasteners master distributor added a 28-year industry veteran who has led Optimas' Americas operations since 2015.
Truelink Capital plans to support SouthernCarlson's next phase of growth through a combination of commercial and operational initiatives and strategic M&A.
