Willard D Oberton Net Worth is31.0 $Million
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Fastenal Co is an American company based in Winona, Minnesota. with its main distribution center located in Indianapolis, Indiana. Fastenal sells industrial and construction supplies and offers services including inventory management, manufacturing, and tool repair. Fastenal refers to itself as an industrial supply company, but Reuters calls it an industrial distributor.
Founded in 1967 by Bob Kierlin, who later became a Minnesota State Senator, it was incorporated December 24, 1968.
Fastenal's offerings are purchased, not made. But as of 2009, the company has at least one cold heading manufacturing line.
By 2004, 50% of product by weight[citation needed] was processed steel.
The company places much emphasis on its series of over 2,600 retail stores in North America and Mexico.
Companies that purchase from Fastenal are either large or small, but most overseas customers may be comparatively mid-sized.
The company sells both retail and wholesale.
Manufacturers and government agencies buy from Fastenal.
Fastenal has been contracted by the US Government on a number of occasions.
In 2004, increasing material costs were passed on to end users by the company.
In 2007, Fastenal claimed that at least 20% sales and profit growth and ROI were achievable during a normal economic cycle.
Customers sometimes ask for lower prices due to externalities.
In 2009, Fastenal acquired parts of Holo-Krome, a US socket head screw-making company.
Fastenal and Salesforce.com were added to the S&P 500 index in late 2008, replacing removed corporations.
Fastenal's main inventory is fasteners such as screws, threaded rods, and nuts, which can be used in construction and manufacturing. Other product lines do exist. The company had a total of 690,000 individual products as of 2010.
The company offers a variety of services, including inventory management, small fastener manufacture, and machining.
Part of its services line,[citation needed] Fastenal o

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Willard D Oberton Latest News

Donaldson Company Announces Board of Directors Leadership Changes

Tod E. Carpenter, Donaldson’s president and chief executive officer, will become chairman of the Board of Directors, and current director Willard D. Oberton will serve as lead independent director. Carpenter will replace non-executive chairman Jeffrey ...
Posted: August 1, 2017, 1:29 pm

FASTENAL CO : Submission of Matters to a Vote of Security Holders (form 8-K)

The voting results were as follows: Total Number of Total Number of Total Number of Names of Directors Votes For Votes Against Votes Abstaining Willard D. Oberton 220,312,214 3,443,787 209,480 Michael J. Ancius 220,327,603 3,252,384 385,494 Michael J.
Posted: April 27, 2017, 12:51 pm

Wednesday 7/16 Insider Buying Report: FAST, LTS

So let's look at two noteworthy recent insider buys. At Fastenal ( FAST), a filing with the SEC revealed that on Tuesday, CEO Willard D. Oberton bought 2,000 shares of FAST, at a cost of $45.14 each, for a total investment of $90,274. Fastenal is trading ...
Posted: July 15, 2014, 8:34 pm
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