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Challenge Tool & Manufacturing Inc, history
Challenge Tool & Manufacturing Inc, company history timeline
As such, Snap-on’s common stock began trading on the New York Stock Exchange under the ticker symbol “SNA” on February 27, 1978.
In 1983, Snap-on developed torqometer adaptors that fit stainless steel fasteners with a ¼” clearance.
As demand grew, Snap-on opened the first Australian branch in 1988 located in Brisbane, a large trade hub on the East coast.
In 1989, operations were expanded, and sales tripled the following year.
By the fall of 1992, SOJ had 133 Franchised Vans and sales of $12 million.
In 1994, Entrepreneur Magazine ranked Snap-on as the “top new franchise.”
Expanding with OEM and Heavy Duty In 2002, Snap-on acquired Nexiq Technologies, a leader in diagnostic scan tools for heavy duty trucks.
Snap-on Business Solutions (SBS) Snap-on extended its capability to repair shop customers by acquiring ProQuest Business Solutions in 2006, a leader in the development and distribution of electronic parts catalogs for Original Equipment Manufacturer (OEM) customers.
Snap-on brought the credit company home when it became a wholly owned subsidiary in 2009, enhancing services to both franchisees and customers.
In 2011, a state-of-the-art design center was opened in Kunshan to develop products for the local market.
Pro-Cut International, which designs, manufactures and distributes on-car brake lathes was acquired in 2014.
In 2014, Snap-on significantly upgraded the factory line at its hand tool facility in Xiaoshan, purchased a few years earlier.
Ecotechnics, which designs and manufactures automatic vehicle air conditioning maintenance equipment for OEM dealerships and the automotive aftermarket worldwide, joined Snap-on in 2015.
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Challenge Tool & Manufacturing Inc, competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Loc Performance | 1971 | $141.2M | 203 | - |
| G&B Specialties | 1979 | $30.0M | 30 | - |
| Antron Engineering & Machine | 1985 | $20.4M | 50 | 4 |
| Precise Machining & Manufacturing | 1974 | $37.0M | 350 | - |
| Permaswage | 1938 | $1.1B | 500 | - |
| RotoMetrics | 1957 | $55.7M | 3,500 | - |
| Precision Close Tolerance CNC Machining & Tooling | - | $600,000 | 6 | - |
| Cox Machine | 1954 | $10.0M | 50 | - |
| Urban Manufacturing | 1982 | $1.6M | 45 | - |
| Metalcraft Solutions | 1951 | $9.2M | 50 | 8 |
Challenge Tool & Manufacturing Inc, history FAQs
Zippia gives an in-depth look into the details of Challenge Tool & Manufacturing Inc,, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Challenge Tool & Manufacturing Inc,. The employee data is based on information from people who have self-reported their past or current employments at Challenge Tool & Manufacturing Inc,. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Challenge Tool & Manufacturing Inc,. The data presented on this page does not represent the view of Challenge Tool & Manufacturing Inc, and its employees or that of Zippia.
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