A veteran hire aims to accelerate the company’s international commercial strategy and support full alignment with product-led, supplier-led led and customer-led growth ambitions.
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Packer said the project represents a key step in the company's broader AI roadmap, which aims to expand automation and digital tools across the company.
It was the fourth straight month that Fastenal saw its daily sales rate grow by double digits year-over-year, powered by pricing actions in Q2-Q3 of this year.
NATS' 19 distributor members and over 60 suppliers will join HDA’s group of over 50 member distributors and 400 manufacturer partners.
Max Tunnicliff brings global experience to the CFO and Senior Executive Vice President role at the distributor Fastenal.
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Recent M&A, new business and pricing helped generate the highest quarterly net sales and adjusted EBITDA in the distributor's 61-year history.
The move expands Fastener Solutions' footprint and capabilities in the Mid-Atlantic region.
The new leadership team at All State Fasteners includes three former Würth Industry North America executives.
AFC Tooling and AFC Aerospace & Defense unify several respected legacy businesses under focused banners.
The deal significantly expands LINC’s presence on the U.S. West Coast and the northwest
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Hodell-Natco expands its footprint to seven states.
The Jackson, MS-hub will have a direct line to Packer Fastener’s Atlanta distribution center.
It shortens industry-standard lead times for producing externally threaded fasteners of 8-16 weeks to just 1-4 weeks.
Founded in 1977, Mesa serves a range of industries throughout the U.S. Southwest.
Newly appointed CFO Ryan Long will succeed Dan Crociata, who was promoted to President and CEO in May.
The Hillman Group will build a new multipurpose facility on the site of a former mall, which includes allotted space for future expansion.
Furthering its international presence, the news comes two months after Optimas announced it opened a new European headquarters in France.
The company's August sales report showed that double-digit daily sales growth continued, albeit at a slight deceleration month-to-month. Get a detailed breakdown of the figures here.