5 September 2014
Distributor Fastenal Expanding in Sherbrooke
PRESS RELEASE – The Sherbrooke branch of Fastenal, a distributor of industrial and construction supplies, is pursuing its activities in new facilities located in the heart of the Sherbrooke Regional Industrial Park.
Fastenal recently moved from its premises on Hertel Street to 4195 Industriel Boulevard. The company is investing $50 000 in leasehold improvements and purchasing equipment. This expansion project will consolidate the four existing full-time jobs and create two new jobs in the coming months.
At this new location, Fastenal will benefit from better visibility and easier access to major highways. “Fastenal plans to pursue its growth in Sherbrooke, and the strategic position we will have in the industrial park will be a great asset. We hope to attract new clienteles to the branch, especially maintenance personnel, entrepreneurs, and professionals to add to the B2B (business to business) market that we are already tapped into. In the slightly longer term, we are planning to open new points of sale locally,” stated Christopher Garratt, District Manager at Fastenal.
With its 4500-ft.2 space, the Sherbrooke branch will have the capacity to better structure its activities. In particular, it will have on demonstration an automatic industrial distributor whose inventory management is performed electronically, leading to cost and time savings. The company will also distribute a new line of individual protection products, under the Body Guard label, exclusive at Fastenal.
Fastenal, whose head office is located in Winona, Minnesota, opened a branch in Sherbrooke in 2011. In addition to distributing industrial and construction supplies, the company offers inventory management solutions as well as quality control, engineering, and laboratory services.
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