Snap-on Incorporated is an American company known for manufacturing and marketing high-quality tools, equipment, and diagnostic products for professionals in various industries. The company was founded in 1920 by Joseph Johnson and William Seidemann in Milwaukee, Wisconsin. Initially, it started as the Snap-on Wrench Company, specializing in the production of innovative and patented socket wrenches, which quickly gained popularity among mechanics due to their efficiency and convenience.
Today, Snap-on has evolved into a global leader in professional tools and equipment. They offer a wide range of products, including hand tools, power tools, tool storage solutions, diagnostics, and software for automotive and industrial applications. Their products are widely used in the automotive repair, aviation, marine, and industrial maintenance sectors.
Snap-on operates through several segments, including Commercial & Industrial Group, Snap-on Tools Group, and Repair Systems & Information Group. The company's products are designed to improve productivity, enhance user experience, and increase efficiency in professional settings.
The company is listed on the New York Stock Exchange (NYSE) under the ticker symbol "SNA." Snap-on has a strong presence in international markets and serves customers in over 130 countries worldwide. It operates through a network of franchisees, independent distributors, and direct sales to end-users.
Snap-on's commitment to innovation and product development has been a significant factor in its success over the years. The company invests heavily in research and development to continuously improve and expand its product offerings. Additionally, its focus on providing high-quality products and excellent customer service has earned it a reputation for reliability and trustworthiness in the professional tools industry.