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Posted

Fastenal planning a belly up Don? The local one had their Dodge in front with a for sale sign too, thought they just might be getting a new one, not liquidating.

 

Rob L.

Posted

Hmmm...the fastenal office here in town (we used to have quite a bit of construction) has recently closed. I wonder if Rob is correct?

Posted

My local Fastenal shop is holding there own right now with construction way down, the manufacturing plants are keeping them afloat. The manger was telling me, that he is making about 1/3 from what he normally makes :shake: Straight commission sales ya know.

 

As far as them selling the pick-up trucks, they been doing that for years, they get new fleet trucks and rotate them every 2 years. When they sell a truck out of a branch, they get a new truck as a replacement.

 

Most of the trucks get very little use.........although last week, I seen one with a high pallet of something on the back and a 3 foot lift on the front :eek:

 

Yea, the rear bumper was about 10" off the ground :roll: So some of the truck get over used.

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