Fastenal to Break Ground on New Southeast U.S. Distribution Facility

WINONA, Minn. & ATLANTA--(BUSINESS WIRE)-- Fastenal Company (NASDAQ: FAST) has announced it will begin construction of a new Southeast U.S. regional operations and logistics center in Carrollton, Georgia. The groundbreaking ceremony will take place on Tuesday, March 24th at 2:30 p.m. ET at the Old Airport Road Development.

Slated to open in spring 2027, the new facility will be significantly larger than Fastenal's current 252,000 square-foot regional distribution center in Atlanta, with enough space on the site to potentially expand the building's footprint to 900,000 square feet.

The facility will feature a range of next-generation warehouse technologies, from improved processing software to enhanced material handling equipment. These innovations will increase storage capacity, accelerate order picking, and support Fastenal's distribution goals: more in-stock products and faster customer service.

According to Greg Campbell, senior regional operations manager for Fastenal, the relocation to Carrollton supports growth on two levels. "The new site gives us dramatically expanded capacity," explained Campbell. "It also offers close proximity to educational institutions, giving us a great pipeline for talent development and recruitment."

The move marks an exciting new chapter in Fastenal's long-standing presence in the area. The distribution operation (known internally as AHUB) first launched in 1993 with a small team, one truck driver, and 50,000 square feet of warehouse space in Atlanta. A decade later, in 2003, the team relocated to the current Atlanta distribution facility.

Today, the AHUB team is 300 people strong, providing distribution, logistics, and support services for branches and customer sites throughout the Southeastern U.S. To keep pace with company growth, Fastenal plans to expand the team over the next five years as they move into the larger facility.

"It's an investment in the future," added Campbell. "We're excited to deepen our community ties by building a state-of-the-art workplace, creating new employment opportunities, and raising the bar for our capabilities and service."

About Fastenal

With approximately 1,600 branch locations spanning 25 countries, Fastenal's 24,000 employees supply a broad range of fasteners, safety products, metal cutting products, and other industrial supplies to customers engaged in manufacturing, construction, warehouse and storage, data centers, wholesale, and federal, state, and local government. By investing in local experts and inventory, customer-facing technology, wide-ranging services, and best-in-class sourcing and logistics, we offer a unique combination of capabilities to help our customers reduce cost, risk, and scalability constraints in their global supply chains. This "high-touch, high-tech" approach is reflected in our tagline, Where Industry Meets Innovation™.

Cautionary Note Regarding Forward-Looking Statements

This release includes forward-looking statements, which are subject to risks and uncertainties. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements can be identified by the use of terminology such as future, anticipate, believe, should, estimate, expect, intend, may, will, plan, goal, project, hope, trend, target, opportunity, and similar words or expressions, or by references to typical outcomes. Fastenal's operational goals, partnerships, projects, plans, pace, aspirations, commitments, and strategies, including the planned construction and opening of the new Southeast U.S. regional operations and logistics center and any potential future expansions of the facility, are long-term and aspirational and by their nature include forward-looking statements. As such, no forward looking statement can be guaranteed and actual results may differ materially from those set forth in the forward-looking statements due to a variety of factors, including those described in Fastenal's filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. Fastenal undertakes no obligation to update or revise any forward-looking statements.

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Media Contact:

Jennifer Harnisch

Brand and Media Strategist

507.453.8259

jharnisc@fastenal.com

Investor Contact:

Dray Schreiber

Accounting Manager

507.313.7324

Source: Fastenal Company