Fastenal's new frontier: aerospace fasteners

Fastenal Company has acquired certain assets of Av-Tech Industries, a wholesale distributor of aerospace fasteners, electronic components and aircraft parts.

"We feel there is a strong opportunity for our company to continue to grow within the aerospace market," said Fastenal president Lee Hein. "Av-Tech Industries will be a great asset in that mission and a great fit for the Fastenal team, sharing the same core values, commitment to quality, and culture of customer service."

Av-Tech serves a range of customers beyond the aerospace industry, including air conditioning, automotive, window manufacturing and more.

The addition of Av-Tech will broaden the scope of Fastenal's offerings, which currently include fasteners, tools, metal cutting tool blades and abrasives, storage and packaging products, janitorial products, paint, electrical and welding supplies, metals and office supplies.

"I am extremely excited about Av-Tech Industries and our employees moving forward with Fastenal," added Allen Avery, president of Av-Tech Industries. "This union will help us grow and better serve our customers, while maintaining the excellent quality and service our customers expect."