Snap-on tools
| Snap-on Incorporated
|
|
|---|---|
 |
|
| legal form | Inc. |
| ISIN | US8330341012 |
| founding | 1920 |
| Seat |
Kenosha , Wisconsin , United States
|
| management | Nick Pinchuk (CEO) |
| Number of employees | 11,400 |
| sales | 3,593,000,000 US dollars |
| Branch | Toolmaking |
| Website | www.snapon.com |
| As of December 31, 2015 | |
Snap-on Incorporated is a manufacturer and supplier of tools for professional applications, including the automotive and aerospace industries. The company was founded in 1920. The headquarters are in Kenosha, Wisconsin . Snap-on employs 11,400 people worldwide. The German headquarters for Snap-on is Hohenstein-Ernstthal .
history
Snap-on tools , in German, tools that snap into place, describes the basic idea of company founders Joseph Johnson and William Seidemann. At the beginning of the 20th century, there were no sockets , ratchets or socket bits in industry worldwide . Johnson and Seidemann invented a system consisting of a set of ten attachable keys with five different handles. The new tool was tested by local tire dealers who quickly recognized the advantages of the new system.
While at the beginning the sales were still done through branches, from 1940 the system was created to offer the products in direct sales by means of delivery trucks on site at the customer. Snap-on has grown into one of the largest non-food franchisors since the 1950s .
In 2005 the two European tool manufacturers Herramientas Eurotools SA (1995) and Bahco Group AB (1999) acquired in the 1990s were merged to form the SNA Europe Group, based near Paris.
The products are sold in 120 countries worldwide. The company has around 1,100 active patents.
Tools
Snap-on sells around 14,000 different products and a. from the fields of hand tools, pneumatic tools, power tools, workshop equipment and tool storage.
Vehicle diagnostics
Snap-on is also a manufacturer and supplier of modern on-board vehicle diagnostic devices .
Web links
Individual evidence
- ↑ Management team
- ↑ Presentation , November 2015
- ↑ Snap-on Announces Fourth Quarter and Full Year 2015 Results , February 4, 2016