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About
Snap-On, Inc. engages in the development, manufacture, and market of tools, equipment, diagnostics, repair information and systems solutions for professional users. It operates its business through following segments: Commercial and Industrial Group; Snap-On Tools Group; Repair Systems and Information Group; and Financial Services. The Commercial and Industrial Group segment refers to a range of industrial and commercial customers worldwide, primarily through direct and distributor channels. The Snap-On Tools Group segment provides vehicle service and repair technicians through the company's worldwide mobile tool distribution channel. The Repair System and Information Group segment serves other professionals vehicle repair customers worldwide, primarily owners and managers of independent repair shops and OEM dealerships through direct and distributor channels. The Financial Services segment consists of the business operations of Snap-On Credit LLC, the company's financial services business in the United States, and Snap-On's other financial services subsidiaries in those international markets where Snap-On has franchise operations. The company was founded by Joseph Johnson and William Seidemann in 1920 and is headquartered in Kenosha, WI. | |||
Description
Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. The company operates in Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services segments. It offers hand tools, such as wrenches, sockets, pliers, screwdrivers, punches and chisels, saws and cutting tools, pruning tools, torque measuring instruments, and other products; power tools, such as cordless, pneumatic, hydraulic, and corded tools; and tool storage products, including tool chests, roll cabinets, and other products. The company also provides handheld and PC-based diagnostic products, service and repair information products, diagnostic software solutions, electronic parts catalogs, business management systems and services, point-of-sale systems, integrated systems for vehicle service shops, original equipment manufacturer purchasing facilitation services, and warranty management systems and analytics. In addition, it offers solutions for diagnosis and service of vehicles and industrial equipment, such as wheel alignment equipment, wheel balancers, tire changers, vehicle lifts, test lane systems, collision repair equipment, vehicle air conditioning service equipment, brake service equipment, fluid exchange equipment, transmission troubleshooting equipment, safety testing equipment, battery chargers, and hoists. Further, the company provides financing programs to facilitate the sales of its products and support its franchise business. It serves aviation and aerospace, agriculture, construction, government and military, mining, natural resources, power generation, and technical education industries, as well as vehicle dealerships and repair centers. The company was founded in 1920 and is headquartered in Kenosha, Wisconsin. |