Press release
Fastenal Named the Official Maintenance, Repair and Operations Partner of the NHL
NEW YORK & WINONA, Minn.--(BUSINESS WIRE)-- Fastenal Company (Nasdaq: FAST) and the National Hockey League (NHL®) today announced a multiyear global
About this update from Fastenal Company
[{"type":"text","content":" NEW YORK & WINONA, Minn.--(BUSINESS WIRE)--\nFastenal Company (Nasdaq: FAST) and the National Hockey League (NHL®) today announced a multiyear global partnership, naming Fastenal the official Maintenance, Repair and Operations (MRO) partner of the NHL through the 2023-24 season. The partnership is focused on creating an efficient and reliable MRO supply chain for ice rinks across North America.\n\n\nMRO encompasses the wide-ranging products and services needed to keep facilities up and running. In hockey, this includes mechanical, electrical and plumbing products used to maintain rinks, sanitation and janitorial supplies required to keep facilities clean and safe, and power tools and accessories used by players and equipment managers to prep gear for game play.\n\n\nThe agreement provides Fastenal a presence at future NHL tentpole events including corner in-ice advertising positions and in-arena branding at the NHL Winter Classic®, NHL® All-Star Weekend, NHL Global Series™ and NHL Stadium Series™.\n\n\nThe NHL will utilize Fastenal’s vast and secure supplier network to provide a variety of MRO supply needs. Fastenal will offer products used to maintain safe environments, including PPE (personal protective equipment), sanitizer, and cleaning supplies. The NHL will also leverage Fastenal’s inventory management and procurement expertise to benefit the entire hockey ecosystem including:\n\n\nNHL clubs and facilities – The NHL and Fastenal will work together to implement a standardized equipment program that includes state-of-the-art tool carts for visiting team locker rooms at all NHL arenas. The partnership will also focus on helping these venues optimize operations by accessing process improvement tools to simplify procurement, control spending, and visualize inventory.\n\n\nCommunity rinks – In an effort to keep ice hockey sustainable and rink operations cost-effective, the partnership taps Fastenal’s nationwide branch network to offer services to the 4,800-plus community rinks across North America. Fastenal can help these facilities navigate the challenges of aging infrastructure and rising operating costs so that community rinks can continue to operate efficiently while developing future generations of players and fans.\n\n\n\"We are thrilled to welcome Fastenal to the NHL family. Our facility operators, equipment managers and...