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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.
The company was one of the first to offer mass-produced drop-forged hand tools. [3] A second factory was opened in Buffalo, New York in 1914, now the site of General Motors' Tonawanda Engine plant. [4] The company was acquired by Snap-on in 1993. [citation needed] In 2011 it was officially renamed Snap-on Industrial Brands. [5]
Milwaukee tools today are manufactured globally in China, Germany, Mexico, the United States, and Vietnam. [6] The tools produced include corded and cordless power tools, hand tools, pliers, hand saws, screwdrivers, utility knives, impact drivers, and more. Primary Milwaukee Tool product lines include the M12, M18, MX FUEL, and PACKOUT tool ...
In the mid-1990s Snap-on Incorporated, a global manufacturer and distributor of tools, entered the European market by acquiring the Spanish hand tool company Herramientas Eurotools S.A. In 1999, Snap-on acquired the business area Saws & Tools from Sandvik. The acquired business was named Bahco Group AB, a company with 2500 employees. [4]
In 2003, the Danaher Corporation began producing the majority of Kobalt hand tools. [3] [4] In 2011, Lowe's ended its arrangement with Danaher and switched to a different supplier for its mechanic's hand tools, [5] JS Products of Las Vegas, Nevada. [6] Screwdrivers continue to be supplied by Great Neck. [7]
This is the same practice as Mac Tools, Snap-on, and Matco Tools, who together make up the four major flags of the mobile tool business. [2] The company was founded in 1919 by Eugene Cornwell, a blacksmith from Cuyahoga Falls, Ohio. [3] Cornwell Tools are sold by local tool distributors who own a territory by means of a franchise. [4]
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