Snap-on
Snap-on is a manufacturer and marketer of hand tools, power tools, tool storage products, and diagnostic equipment. Their products are commonly used in the Trailer Repair Industry, as well as for those working in vehicle repair, aerospace, the military, natural resources, and manufacturing.
Company / Brand Profile
- Company / Brand: Snap-on Incorporated
- Parent Company:
- Headquarters: Kenosha, Wisconsin
- Founded Date: 1920
- Founders: Joseph Johnson, William Seidemann
- Traded as: NYSE:SNA
- Website: snapon.com
- Learn More: Related Content
Products
- Hand Tools
- Power Tools
- Tool Storage Products
- Diagnostics Equipment
Brands
- Snap-on
- ATI Tools
- AutoCrib
- autoVHC
- Bahco
- Blackhawk
- Blue-Point
- Car-O-Liner
- Cartec
- CDI
- Challenger Lifts
- Dealer-FX
- Ecotechnics
- Hofmann
- Irimo
- John Bean
- JOSAM
- Kansas Jack
- Lindstrom
- Mitchell 1
- NEXIQ Technologies
- Norbar
- Power Hawk
- Pro-Cut Rotor Matching Systems
- Sioux
- Sturtevant Richmont
- Sun
- TruckCam
- Williams
Historical Highlights
1920
Company founded as the Snap-on Wrench Company in Milwaukee, Wisconsin by Joseph Johnson and William Seidemann.
1923
Company files for its first patent, a ratcheting attachment (No. 6 Ratchet).
Company publishes first product catalog.
1927
First Canadian branch was opened in Montreal.
1930
Blue-Point and the Snap-on Wrench Company merge to become Snap-on Tools, Inc.
Company moves to Kenosha, Wisconsin.
1931
Snap-on Tools of Canada Ltd. was incorporated and became the first international subsidiary.
1939
Founder Joseph Johnson becomes president of company.
Company paid its first dividend to shareholders.
1956
Company acquires Weidenhoff Corporation of Algona, IA, introducing the manufacture of automotive test equipment to the company’s product line.
1959
Company acquires Judson Engineering of Natick, MA, introducing the manufacture of wheel alignment equipment to the company’s product line.
Founder and company president, Joseph Johnson, retires.
1965
Two patents issued for the company’s Flank Drive® Wrenching System.
Company launches its first formal education program. The Educational Service Program (ESP) was designed to assist technical education instructors in the training and development of student mechanics.
1970
Company celebrates 50th anniversary.
1978
Company’s common stock begins traiding on the New York Stock Exchange under the ticker symbol SNA.
1982
First Australian dealer begins operations in Sydney.
1986
Company acquires ATI Industries in Escondido, California.
1987
Company reaches $1 billion sales goal.
1988
First Australian branch opens in Brisbane.
1989
Snap-on Tools Industrial Japan (SIJ) is formed, later changing its name to Snap-on Tools Japan, K.K. (SOJ).
1990
Became the first mobile tool company in the U.S. to convert to a franchise operation.
Company engineers invent the Flank Drive Plus wrenching system.
1994
Entrepreneur Magazine ranks Snap-on as the “top new franchise.”
1995
Company acquires Eurotools, which included European brands such as Irimo®, Irazola®, Palmera® and Acesa®.
1999
Company acquires Sandvik Saws and Tools.
Additional brands acquired in the 1990s: Sun®, Mitchell1®, John Bean® and Hofmann®, Sioux®, Williams®.
2002
Company acquires Nexiq Technologies, a leader in diagnostic scan tools for heavy duty trucks.
2006
Company acquires ProQuest Business Solutions.
2009
Company opens InnovationWorks at the Kenosha facility.
2013
Company acquires Challenger Lifts.
2014
Company acquires Pro-Cut International.
2015
Company acquires Ecotechnics.
2016
Company acquires Car-O-Liner.
Company acquires Sturtevant Richmont.
2017
Company acquires Norbar Torque Tools.