The Fastenal Company, Winona, Minn., announced its international (non-U.S.) business has grown to include 25 countries and achieved $1 billion in sales for the first time in 2022.
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Its first international branch was opened in September 1994 in Stoney Creek, Ontario, Canada.
“This was not a small accomplishment, and it took hard work and commitment from everyone involved to reach it,” said Jeff Watts, Fastenal’s EVP of international sales (and one of the company’s first employees in Canada).
From 2012 to 2022, Fastenal’s international revenues more than tripled. During this same period, the number of international employees grew from 1,800 to 4,500.
“As we continue to invest in international teams and structures, we’re expanding our ability to support local, regional and global organizations with in-market resources and proven value-creation programs,” said Dan Florness, President and CEO of Fastenal.
