Snap-on: Global Provider of Power Tools

When it comes to power tools, professionals know that Snap-on is one of the companies they can surely rely on. Since the company’s founding in 1920, the business has been producing tools that are able to address the various needs of professionals in vertical markets. The company’s name is now tantamount to innovation and quality.

As a global venture, its products are most helpful to the aviation industry, marine, equipment, heavy-duty, automotive, transportation, and the railroad industry. It continues to provide electric tools, air and hand equipment that are used by professionals in these industries. It continues to personalize the service they provide to their clients as they claim to have a strong understanding of how precious their customers’ time is. With this understanding, instead of waiting for their customers to step inside their stores, they instead take their products directly to the doorstep of their clients. On a weekly basis, the company deploys a van that is loaded with all the items that are for sale.

To further enhance their service, Snap-on provides various payment options. They offer cash on delivery services, a revolving account credit and an extended credit program which is sponsored by Snap-on for those purchases that are in huge orders. All of these products including the level of service the company provides earned the enterprise the title as one of the Most Well Loved Companies in the United States.

Snap-on started out as the Snap-on Wrench Company in 1920. It was William Seidemann and Joseph Johnson, who founded the company as a socket wrench manufacturer. From their famous socket wrench, the company has expanded their offerings to include other power tool products. Through innovation and the level of customer service they are able to provide, the company continues to attract customers and continue to generate more than $327 billion in annual revenue.