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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]
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.
Mac Tools USA hardline tools are manufactured in their partner plant of Proto Dallas. Their primary distribution center is located in Hilliard, Ohio, United States. Mac Tools business model is a franchise system with roughly 1500 distributors across North America. Their primary competitors include Matco, Snap-on, and Cornwell Tools.
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]
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]
Craftsman is a line of tools, lawn and garden equipment, and work wear.Originally a house brand established by Sears, the brand is now owned by Stanley Black & Decker.. As with all Sears products, Craftsman tools were not manufactured by Sears during the company's ownership, but made under contract by various other companies.