{"id":4714,"date":"2015-01-29T09:42:51","date_gmt":"2015-01-29T09:42:51","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/?p=4714"},"modified":"2015-01-29T09:42:51","modified_gmt":"2015-01-29T09:42:51","slug":"company-snapshot-fastenal-company-3","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2015\/01\/company-snapshot-fastenal-company-3\/","title":{"rendered":"Company Snapshot: Fastenal Company"},"content":{"rendered":"<p><strong>Address:<\/strong><br \/>\n2001 Theurer Blvd<br \/>\nWinona, Minnesota 55987<\/p>\n<p><strong>Telephone:<\/strong><br \/>\n507 454-5374<\/p>\n<p><strong>Internet Homepage:<\/strong><br \/>\nwww.fastenal.com<\/p>\n<p><strong>Year Founded:<\/strong><br \/>\n1967<\/p>\n<p><strong>Total Stores:<\/strong><br \/>\n2,637<\/p>\n<p><strong>Total Annual Sales:<\/strong><br \/>\n$3,733,507,000<\/p>\n<p><strong>Senior Executives:<\/strong><br \/>\nWillard D. Oberton- Chairman of the Board<br \/>\nLeland J. Hein \u2013 President, CEO<\/p>\n<p>&nbsp;<\/p>\n<p>As was expected, recently announced annual net sales rose a typically strong 12.2 percent. This, as total store count was reduced by 1.9%, netting fifty fewer stores than was reported at the end of 2013.\u00a0 Over the past two decades, the company has reported a reduction in annual sales just once, during recession-struck, 2009.<\/p>\n<p>Most superbly run companies rarely experience executive movement at the top.\u00a0 Fastenal has been no exception.\u00a0 Thus it is of considerable note that late last year Willard Oberton announced that he was relinquishing his position as corporate CEO, as of year\u2019s end. \u00a0Days later it was announced that President, Leland J. Hein, would add the CEO position to his presidency.\u00a0 Not surprisingly, Mr.\u00a0Oberton will continue to serve as Chairman of the Board while continuing to mentor Mr. Hein.<\/p>\n<p>Executives at Fastenal clearly believe they serve as a team.\u00a0 This sense of teamwork over the long term is a key factor in the company\u2019s historic, continual rise.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Address: 2001 Theurer Blvd Winona, Minnesota 55987 Telephone: 507 454-5374 Internet Homepage: www.fastenal.com Year Founded: 1967 Total Stores: 2,637 Total Annual Sales: $3,733,507,000 Senior Executives: Willard D. Oberton- Chairman of the Board Leland J. Hein \u2013 President, CEO &nbsp; As was expected, recently announced annual net sales rose a typically strong 12.2 percent. This, as&hellip; <a class=\"more-link\" href=\"https:\/\/www.chainstoreguide.com\/offthechain\/2015\/01\/company-snapshot-fastenal-company-3\/\">Continue reading <span class=\"screen-reader-text\">Company Snapshot: Fastenal Company<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"post-template-no-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10],"tags":[15],"class_list":["post-4714","post","type-post","status-publish","format-standard","hentry","category-home-hardware","tag-snapshot","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/4714","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=4714"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/4714\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=4714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=4714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=4714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}