Matco Tools was founded in 1946. The company manufactures tools for automotive and diesel professionals. Like Snap On and Cornwell, Matco (which is an acronym for Mac Allied Tool Company) offers a lifetime warranty on hand tools. Matco has been criticized for contracting with machinists in China to manufacture some of their tools.
The company originally made tool boxes, but sold off the tool box division in 1979. The company uses franchisers to sell their tools from trucks. Each franchiser has his own territory, very much like Snap on and Mac tools. Most franchisers offer no interest financing to their customers.
Matco Tools has mobile franchisers in Canada, Puerto Rico, and the U.S. The company operates as a subsidiary of Danaher Corporation.