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Snap-on was founded as the Snap-on Wrench Company in Milwaukee, Wisconsin in 1920 by Joseph Johnson and William Seidemann. [8] The business manufactured and marketed ten sockets that would "snap on" to five interchangeable handles. The company's slogan was "5 do the work of 50". [9] In 1930, the company's headquarters moved to Kenosha, Wisconsin.
An automotive scan tool (scanner) is an electronic tool used to interface with, diagnose and, sometimes, reprogram vehicle control modules. [1]There are many types from just as many manufacturers, one of the most familiar being the Snap-On Inc. "brick", or MT2500/MTG2500.
Snap-on: Wisconsin, US Snap-on, Bahco, Blue-Point, Williams, CDI Torque Products, [27] Sun diagnostic tools in Europe and Brazil: Hand tools, air tools, power tools, diagnostic tools, assorted automotive tools Sortimo: Zusmarshausen, Germany: Sortimo: in-vehicle equipment, storage system for parts and tools Stanley Black & Decker: Connecticut, US
Snap-On Inc. (NYSE:SNA) reported third-quarter net sales of $1.147 billion, which declined 1.1% year over year and missed the consensus of $1.157 billion. Net sales decreased by $19.2 million, or ...
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In addition, the company also manufactures and sells pet-side SNAP tests for a variety of animal health diagnostic uses. In 2002, Jon Ayers succeeded company founder Shaw as chairman and CEO. During Ayers 20-year tenure, the company's annual revenue grew from $380 million to $3 billion, raising share prices by more than 100 times. [ 7 ]
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