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When 65 Fastenal employees take the Nasdaq MarketSite stage for the opening bell ceremonies on Monday morning (11/06), they’ll be celebrating two major milestones for the company: 50 years in business (since November 28, 1967) and 30 years on the Nasdaq Stock Market (since August 20, 1987).

 

Fastenal’s rise from a small fastener shop in Winona, Minnesota, to a multibillion-dollar global company has been fueled by a core belief in people and a decentralized culture that promotes individual creativity and decision making. With this in mind, the company invited every employee with at least ten years of tenure (nearly 2,700 current team members) to enter a drawing to win a trip to New York City for the Nasdaq Opening Bell celebration. The winners of that drawing will be joined on stage by Dan Florness, Fastenal’s president and CEO, and Michael Gostomski, one of the company’s five co-founders.

 

This will be the fourth time Fastenal has rung the Nasdaq Opening Bell. The company previously opened the market in 2007, 2011 and 2014.

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