Snap-on is manufacturer, designer, and marketer of tools and equipment that are marketed to professional tool users.
Snap-on was founded as The Snap-on Wrench Company in 1920 by Joseph Johnson and William Seidemann.
The company’s first product was a new socket wrench that had ten sockets that snapped on to five interchangeable handles.
Today Snap-on manufactures hand tools such as wrenches, sockets, ratchet wrenches, pliers, screwdrivers, punches and chisels, saws and cutting tools, power tools, electric tools, and tool storage products.
The company also provides PC-based diagnostic products and “under car” shop implements for mechanics and car makers.
Snap-on sells products under the Snap-on, Blackhawk, Lindstrom, ShopKey, and Sun brand names.
Snap-on is publicly traded on the New York Stock Exchange under the symbol SNA, is a member of the S&P 500, is #694 on the Fortune 1000, has 12,600 employees, and had $3.43 billion in revenue in 2016.
In September 2020, Snap-On acquired competitor AutoCrib for an estimated $36 million in cash.
Snap-On maintains a corporate office in Kenosha, Wisconsin.