smalltruckbigcid
1/2 ton status
In the tool truck business who owns what? The big 4 are Snap-on, Mac, Matco, and Cornwell.
Snap-on is a publicly traded company (Nasdaq SNA) And they own several brands like blue point Sioux and others as well as offering manufacturing to others.
Mac Tools is wholly owned by Stanley tools who own a bunch of other brands too.
Matco is owned by Danaher who owns 170 other companies too, including Gearwrench.
Cornwell is a privately owned company. They don't own any other brands to the best of my knowledge.
Cornwell and Snap-on still make the flagship steel products in house, those are wrenches ratchets and sockets. The driver bits like torx and allen have moved to china for everybody. Yes some work is till done here so it can say USA made, but its an unregulated part so they can do what they like with the USA made logo and the gov't won't care.
Toolboxes are another animal. Cornwell's still say made in USA. Thats supposed to mean all or virtually all is produced here. Since they just opened a new plant in Phoenix AZ I'm going with it really is made here. All of the newest Mac, Matco and Snap-on stuff have something like assembled in USA with global components stickers. How much of that is canada or mexico, no clue, but how much is from farther away?
I have a guess but no proof that the number is higher than expected. What I know is that Clarke makes the service cart for everyone in China. Yes all 4 buy their cart from the same store. They have different options but its still the same store. So if the factory is fired up doing steel panels for service carts, I'm guessing that toolbox parts aren't far behind.
Snap-on is a publicly traded company (Nasdaq SNA) And they own several brands like blue point Sioux and others as well as offering manufacturing to others.
Mac Tools is wholly owned by Stanley tools who own a bunch of other brands too.
Matco is owned by Danaher who owns 170 other companies too, including Gearwrench.
Cornwell is a privately owned company. They don't own any other brands to the best of my knowledge.
Cornwell and Snap-on still make the flagship steel products in house, those are wrenches ratchets and sockets. The driver bits like torx and allen have moved to china for everybody. Yes some work is till done here so it can say USA made, but its an unregulated part so they can do what they like with the USA made logo and the gov't won't care.
Toolboxes are another animal. Cornwell's still say made in USA. Thats supposed to mean all or virtually all is produced here. Since they just opened a new plant in Phoenix AZ I'm going with it really is made here. All of the newest Mac, Matco and Snap-on stuff have something like assembled in USA with global components stickers. How much of that is canada or mexico, no clue, but how much is from farther away?
I have a guess but no proof that the number is higher than expected. What I know is that Clarke makes the service cart for everyone in China. Yes all 4 buy their cart from the same store. They have different options but its still the same store. So if the factory is fired up doing steel panels for service carts, I'm guessing that toolbox parts aren't far behind.