tries and emerging markets; professional vehicle repair technicians who purchase products through the company’s worldwide mobile tool distribution network; and other professional customers related to vehicle repair, including owners and managers of independent and OEM dealership service and repair shops. Sales and Distribution The company markets and distributes its products and related services principally to professional tool and equipment users worldwide. The two major market sectors are the vehicle service and repair sector and the industrial sector. Vehicle Service and Repair Sector: The company provides tool, equipment and business solutions, as well as technical sales support and training, designed to meet technicians’ evolving needs. Its mobile tool van distribution system offers technicians the convenience of purchasing quality tools at their place of business with minimal disruption of their work routine. The company also provides owners and managers of shops, where technicians work, with tools, diagnostic equipment, repair and service information, including electronic parts catalogs and shop management products. The company’s OEM facilitation business provides OEMs with products and services, including tools, consulting and facilitation services, which include product procurement, distribution and administrative support to customers for their dealership equipment programs. Industrial Sector: The company markets its products and services globally to a cross-section of commercial and industrial customers, including maintenance and repair operations; manufacturing and assembly facilities; various government agencies, facilities and operations, including military operations; vocational and technical schools; aerospace and aviation; OEM and service and repair customers; oil and gas developers; mining operations; energy and power generation equipment fabricators and operators; agriculture; infrastructure construction companies; and other customers that require instrumentation, service tools and/or equipment for their product and business needs. Distribution Channels The company serves customers primarily through the following channels of distribution: the mobile van channel; company direct sales; distributors; and e-commerce. Patents, Trademarks, and Other Intellectual Property The company pursues and relies on patent protection to protect its intellectual property and position in its markets. As of December 28, 2012, the company and its subsidiaries held approximately 600 active and pending patents in the United States and approximately 1,500 active and pending patents outside of the United States. History Snap-on Incorporated was founded in 1920. The company was incorporated under the laws of the state of Wisconsin in 1920 and reincorporated under the laws of the state of Delaware in 1930.
snap-on inc (SNA:New York)
2801 80th Street
Kenosha, WI 53143
|Bosch Ltd||8,952 INR||-47.30|
|Fortune Brands Home & Security Inc||$43.25 USD||-0.26|
|Kennametal Inc||$51.02 USD||+0.61|
|Makita Corp||¥5,260 JPY||+20.00|
|SPX Corp||$96.65 USD||+0.95|
|View Industry Companies|
Sponsored Financial Commentaries
To contact SNAP-ON INC, please visit www.snapon.com. Company data is provided by Capital IQ. Please use this form to report any data issues.