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Fastenal Company is an American publicly traded company based in Winona, Minnesota, founded in 1967. It placed 479 in the 2021 Fortune 500 based on its 2020 revenues, [ 2 ] and its stock is a component of the Nasdaq 100 and S&P 500 stock market indices.
W. W. Grainger, Inc., is an American Fortune 500 [5] industrial supply company founded in 1927 in Chicago by William W. (Bill) Grainger. He founded the company to provide consumers with access to a consistent supply of motors. [6]
OrderZone.com, online from 1999 to 2001 then re-launched in 2011, is an online business-to-business website for business products and services, allowing companies to purchase from multiple suppliers and processing transactions on the site.
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The industry is strongly tied to the production of automobiles, aircraft, appliances, agricultural machinery, commercial construction, and infrastructure. More than 200 billion fasteners are used per year in the U.S., 26 billion of these by the automotive industry. The largest distributor of fasteners in North America is the Fastenal Company. [3]
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