It’s an old idea whose time has come. When Fastenal founder Bob Kierlin first contemplated getting into the nuts and bolts business, one of the first thoughts was of a vending machine that, at the ...

Will Oberton, who runs a Winona-based outfit that peddles industrial supplies, has seen the future. Vending machines. Don't laugh. "Our guys pushed me several years ago to [buy] what looked like a ...

Fastenal on Tuesday reported a mid-summer slump and an overall decrease in sales for its second quarter. The Winona company’s profits were down just over 6 percent compared to the same three-month ...