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Fastenal’s reported daily sales for the month were also up 6.8% versus a year ago — again based on strength in safety (35.9% growth) and despite a 1.7% dip in fastener sales.
The dividend is payable Dec. 31, 2020, to shareholders of record at the close of business on Dec. 17, 2020.
Distributor will move to a smaller location with more employees working from home.
The expansion doubles the distributor's capacity and leaves room for future growth.
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Nov. 23 to Nov. 27 indicated an increase; it could be related to the holiday, but nevertheless it marked the biggest sales growth since July.
Distributor appoints Robert O'Keef to interim CFO following the decision by Tom Okray to step down and join another publicly traded company.
Rubber Service’s owner, Lou Siemer, will continue to lead the new branch for Belt Power, a portfolio company of Shorehill Capital LLC.
Electrical distributor says the addition of Shingle & Gibb will strengthen its position in industrial automation and control.
With addition of two distribution centers, home improvement giant The Home Depot will bring 400 jobs to the tri-state area.
Addition of building materials distributor will strengthen US LBM’s presence in the New York metropolitan tri-state area.
