1、Fastenal Company was founded in 1967.As of December 31,1996,theCompany operated 484 store sites located in 48 states and Canada andemployed 1,989 people at these sites.The Company sells industrial and construction supplies in six product lines.The traditional Fastenalproduct line consists of approxi
2、mately 49,000 different types of threadedfasteners and other industrial and construction supplies;the FastToolproduct line consists of approximately 14,000different types of tools and safety supplies;the SharpCutproduct line consists of approximately 8,000 different types of metal cutting tool blade
3、s;the PowerFlowproduct line consists of approximately 7,000 different types of fluid transfercomponents and accessories for hydraulic and pneumatic power;the EquipRiteproduct line consists of approximately 2,000 different types of material handling and storage products;and theCleanChoiceproduct line
4、 consists ofapproximately 2,000 different types ofindustrial,janitorial and paper products.The SharpCut,PowerFlow,EquipRiteand CleanChoiceproduct lines wereintroduced in 1996.As of December 31,1996,the Company also operated eight distribution centers located in Minnesota,Indiana,Ohio,Pennsylvania,Te
5、xas,Georgia,Washington and California,and a packaging facility inTennessee.Approximately 95.9%of the Companys 1996 sales were attributable to products manufactured by others,and approximately 4.1%related to custom-threaded fasteners manufactured or modified by theCompany.Since December 31,1996,the C
6、ompany has opened additional store sites in the United States and Canada.FASTENAL,FASTTOOL,SHARPCUT,POWERFLOW,EQUIPRITEandCLEANCHOICEare trademarks and/or service marks of the Company.Profile of Fastenal CompanyThis Annual Report,including the sections captioned“Presidents Letter to Shareholders”,“M