Snap-on: Difference between revisions
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| foundation = [[Milwaukee, Wisconsin]], United States ({{Start date|1920}}) |
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| founder = {{ubl|Joseph Johnson|William Seidemann}} |
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==History== |
==History== |
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Joseph Johnson and William Seidemann formed the Snap-on Wrench Company in 1920. The Company's first |
Joseph Johnson and William Seidemann formed the Snap-on Wrench Company in 1920. The Company's first plant was located in Milwaukee, Wisconsin. The company manufactured and marketed ten sockets that would "snap on" to five interchangeable handles. Their slogan was "5 (handles) do the job of 50" |
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[[Image:Snap-on dealer van Westland Michigan.JPG|thumb|250px|right|Snap-on walk-in dealer van, [[Westland, Michigan]]]] |
[[Image:Snap-on dealer van Westland Michigan.JPG|thumb|250px|right|Snap-on walk-in dealer van, [[Westland, Michigan]]]] |
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To sell the products, Johnson and Seidemann worked with Stanton Palmer, to sell Snap-on Tools through a network of company salesman. After World War II, Palmer advertised for a military officer to organize and develop a larger sales force for the expected post war sales boom. Newton Tarble was hired, and came up with the idea of developing routes for company dealers to see mechanics on a weekly basis. Eventually these salesmen became independant businessmen and authorized dealers using larger walk in vans to carry a growing product line of the highest quality tools available anywhere. |
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To sell the products, Johnson and Seidemann worked with Stanton Palmer, who took the tools directly to customers at their places of business and demonstrated their use. Palmer enlisted Newton Tarble to share the increasing workload. |
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Snap-on entered global markets in 1931. Also in the 1930s, Snap-on began offering credit to customers. In the 1950s, Snap-on expanded on the concept of bringing product to the customer by using fully stocked walk-in [[van]]s and, as a result, pioneered today's familiar franchisee van channel. |
Snap-on entered global markets in 1931. Also in the 1930s, Snap-on began offering credit to customers. In the 1950s, Snap-on expanded on the concept of bringing product to the customer by using fully stocked walk-in [[van]]s and, as a result, pioneered today's familiar franchisee van channel. |
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== Blue-Point == |
== Blue-Point == |
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In the 1920s Blue Point Wrenches were made in Chicago, and were considered by most mechanics to be the finest open end wrenches available. Snap-on salesmen sold these Blue Point Wrenches as a complement to their own line of detachable sockets and handles. The first Snap-on socket and handle factory was in Milwaukee, and the Blue Point factory was in Chicago. Eventually Snap-on purchased the Blue Point Wrench Company. Snap-on built a new plant in Kenosha Wisconsin, and consolidated socket and wrench production as well as its' general office in this new facility. The forged Blue Point wrenches were eventually changed to Snap-on branded product with the familar and distinctive chrome plated finish. Blue Point is a trademark name Snap-on owns and uses on some outside purchased products that Snap-on does not manufacture but still compliment the product line. Items like tape measures, mill files, inspection mirrors will use a Blue Point trademark so that Snap-on dealers know these were purchased by the company and can be waranteed if needed. In recent years, Snap-on has offered a line of less expensive tools, named 'Blue-Point'. These tools are usually reduced in cosmetic appearance, rather than any compromise of functional quality. Many of these tools utilize a 'ball blast chrome finish' and compete in price with mass retailers or foreign produced products. Years earlier, these tools went by the name "Par-X", but were still built in the USA by Snap-on. |
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Snap-on also offers a cheaper brand of tools, named 'Blue-Point'. These are usually reduced in cosmetic appearance, rather than any compromise of functional quality {{Citation needed|date=December 2013}}. Many use a black iron phosphate coating rather than chrome plate. |
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==Racing sponsorships== |
==Racing sponsorships== |
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Since the early 1980s, Snap-on has been sponsoring [[Penske Racing]] teams in the [[NASCAR]] [[Sprint Cup Series|Sprint]] and [[Nationwide Series]] as well as [[IndyCar|Indy Racing League]] (IRL). |
Since the early 1980s, Snap-on has been sponsoring [[Penske Racing]] teams in the [[NASCAR]] [[Sprint Cup Series|Sprint]] and [[Nationwide Series]] as well as [[IndyCar|Championship Auto Race Teams (CART) and the Indy Racing League]] (IRL). |
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The first driver Snap-on became associated with was Rick Mears in 1979. Rick went on to be a 4 time Indy 500 Winner. |
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Nearly 20 years ago, Snap-on began an association with two time [[National Hot Rod Association|NHRA]] world champion [[Cruz Pedregon]]. In 2004, Snap-on began an association with Cruz’s brother [[Tony Pedregon]], a two time champion himself. |
Nearly 20 years ago, Snap-on began an association with two time [[National Hot Rod Association|NHRA]] world champion [[Cruz Pedregon]]. In 2004, Snap-on began an association with Cruz’s brother [[Tony Pedregon]], a two time champion himself. |
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*{{Cite web |title= Collecting Snap-on |url= http://www.collectingsnapon.com |accessdate=2011-10-05 |last= Murch |first=Frank }} |
*{{Cite web |title= Collecting Snap-on |url= http://www.collectingsnapon.com |accessdate=2011-10-05 |last= Murch |first=Frank }} |
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{{Refend}} |
{{Refend}} |
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Jeff Myers: Snap-on Authorized Dealer, Field Manager, Indusrial Sales person, and Branch Sales Manager 1974 to 1992 |
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==External links== |
==External links== |
Revision as of 06:37, 7 January 2014
![]() Being a Pro Matters | |
Company type | Public |
---|---|
NYSE: SNA S&P 500 Component | |
Industry | Manufacturing |
Founded | Milwaukee, Wisconsin, United States (1920 ) |
Founder |
|
Headquarters | , United States |
Key people | |
Products | Professional hand tools |
Revenue | $2.9 billion |
Website | www.snapon.com |
Snap-on is a US designer, manufacturer and marketer of high-end tools and equipment to professional tool users. It was founded in 1920. Snap-on is located in Kenosha, Wisconsin, and employs approximately 11,500 people worldwide. The company is currently worth US$ 2.4 billion and is included in the S&P 500.
History
Joseph Johnson and William Seidemann formed the Snap-on Wrench Company in 1920. The Company's first plant was located in Milwaukee, Wisconsin. The company manufactured and marketed ten sockets that would "snap on" to five interchangeable handles. Their slogan was "5 (handles) do the job of 50"
To sell the products, Johnson and Seidemann worked with Stanton Palmer, to sell Snap-on Tools through a network of company salesman. After World War II, Palmer advertised for a military officer to organize and develop a larger sales force for the expected post war sales boom. Newton Tarble was hired, and came up with the idea of developing routes for company dealers to see mechanics on a weekly basis. Eventually these salesmen became independant businessmen and authorized dealers using larger walk in vans to carry a growing product line of the highest quality tools available anywhere.
Snap-on entered global markets in 1931. Also in the 1930s, Snap-on began offering credit to customers. In the 1950s, Snap-on expanded on the concept of bringing product to the customer by using fully stocked walk-in vans and, as a result, pioneered today's familiar franchisee van channel.
Electronic diagnostic tools
Snap-on also produces hand-held electronic diagnostic tools for the on-board computer systems used in most modern cars and heavy-duty vehicles, as well as automotive emissions control diagnostics equipment (DGA/PGA-500/CSM-5000).
Snap-on diagnostic products are being sold in Europe and Brazil under the name Sun.[1]
Bahco
In 1999 it acquired Bahco, a Swedish hand tool brand. Bahco hand tools are designed and manufactured by SNA Europe, the European manufacturing subsidiary of Snap-on Incorporated.
Blue-Point
In the 1920s Blue Point Wrenches were made in Chicago, and were considered by most mechanics to be the finest open end wrenches available. Snap-on salesmen sold these Blue Point Wrenches as a complement to their own line of detachable sockets and handles. The first Snap-on socket and handle factory was in Milwaukee, and the Blue Point factory was in Chicago. Eventually Snap-on purchased the Blue Point Wrench Company. Snap-on built a new plant in Kenosha Wisconsin, and consolidated socket and wrench production as well as its' general office in this new facility. The forged Blue Point wrenches were eventually changed to Snap-on branded product with the familar and distinctive chrome plated finish. Blue Point is a trademark name Snap-on owns and uses on some outside purchased products that Snap-on does not manufacture but still compliment the product line. Items like tape measures, mill files, inspection mirrors will use a Blue Point trademark so that Snap-on dealers know these were purchased by the company and can be waranteed if needed. In recent years, Snap-on has offered a line of less expensive tools, named 'Blue-Point'. These tools are usually reduced in cosmetic appearance, rather than any compromise of functional quality. Many of these tools utilize a 'ball blast chrome finish' and compete in price with mass retailers or foreign produced products. Years earlier, these tools went by the name "Par-X", but were still built in the USA by Snap-on.
Racing sponsorships
Since the early 1980s, Snap-on has been sponsoring Penske Racing teams in the NASCAR Sprint and Nationwide Series as well as Championship Auto Race Teams (CART) and the Indy Racing League (IRL). The first driver Snap-on became associated with was Rick Mears in 1979. Rick went on to be a 4 time Indy 500 Winner.
Nearly 20 years ago, Snap-on began an association with two time NHRA world champion Cruz Pedregon. In 2004, Snap-on began an association with Cruz’s brother Tony Pedregon, a two time champion himself.
Notes
- ^ http://www.sun-diagnostics.com/ Snap-on Diagnostics site
References
- Donnelly, Jim (February, 2010). "Collecting Snap-On.com; Wrenching truths, yours for the checking". Hemmings Motor News. Retrieved 2011-10-06Template:Inconsistent citations
{{cite news}}
: Check date values in:|date=
(help)CS1 maint: postscript (link) - Murch, Frank. "Collecting Snap-on". Retrieved 2011-10-05.
Jeff Myers: Snap-on Authorized Dealer, Field Manager, Indusrial Sales person, and Branch Sales Manager 1974 to 1992