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How Fastenal Is Helping Companies Restructure and Cut Costs

6/04/14 7:00 AM EDT
What has been the one constant in the post-recession U.S. economy beyond a government agency with no real checks and balances system pumping zillions of digital dollars into digital bank vaults. Corporate restructurings! The voracious appetite of companies to extract efficiencies in their business, whether through layoffs or fine-tuning a production process, to more than compensate for sluggish sales has continued virtually unabated. Sure, there are mass layoff announcements, recently from Hewlett Packard, Siemens, and Caterpillar that garner significant attention as human lives are prepared to be upended even as the stock market surges and employment reports leap over 200,000 on the headline. CEO of Belus Capital Advisors Brian Sozzi interviews the CFO of industrial vending machine maker Fastenal. The company’s machines are saving massive costs for companies globally.
Stocks in this video: FASTHPQCATGE
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