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Fastenal Selected Into 2014 Top 100 The World\'s Most Innovative Companies
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2014-08-29
According to the current news release of Forbes for the World’s Most Innovative Companies in 2014, Minnesota-headquartered Fastenal, established in 1967, has been honored with the 19th place in the Top 100 List. It is the only fastener company that is in the top 100. The annual sales of Fastenal reached 3.3 billion US dollars and its 12-month sales growth was at 8.9%, with 5-year annualized total return being 20.6% and the innovation premium being 50.9%. These results were all quite remarkable. Fastenal was once selected as one of the 100 largest non-financial companies publicly traded in US Nasdaq.
