ddawg16
Well-known member
Just read that Harbor Freight is going to buy Snap On.
They will move production to India to avoid the Made In China tag.
They will move production to India to avoid the Made In China tag.
HF to Buy SO
- Thread starter ddawg16
- Start date
I think you misread the article, it was just the tool box division/production that was being taken over by HF. What's nice, though, is that now we'll all be able to buy S-O at HF. Watch out Craftsman/Sears/Ace.
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TAMPAGT07
Well-known member
Does this mean I can flag down an SO truck and get a free SO flashlight?
TAMPAGT07
Well-known member
I'm gonna go home and break all of my HF tools and exchange them for SO's.....Shouldn't be a problem....
The Ratchet Man
Well-known member
Great! Now I will be able to use the 25% off coupon on that new SO gearless ratchet...
TAMPAGT07
Well-known member
So you think this is some kind of a joke? Why didn't you tell me this before I ruined all of my HF tools?
Hpozzuoli
Well-known member
****! I just spent $400 on HF coupons off eBay.
rlitman
Well-known member
Forget it. 0 teeth is already old hat. The new thing is a 1 tooth geared ratchet. But it is a K-Mart Craftsman exclusive, so no coupon.
Zeke
Well-known member
Post of the year so far.
SantaAna12
Well-known member
- Joined
- Mar 1, 2012
- Messages
- 1,091
Nice!
Too bad about India over China production though. I was kinda hoping the new Snappy calendar could have some of those grade school 84 hour a week girls to spice it up some.
Ah well.......HF ftw!
Too bad about India over China production though. I was kinda hoping the new Snappy calendar could have some of those grade school 84 hour a week girls to spice it up some.
Ah well.......HF ftw!
3baygarage
Well-known member
Great news for the fans of that line of paper thin Gedore wrenches sourced from India!!!
DieselRiver
Well-known member
Obviously horse ****.
rsanter
Well-known member
You gius are all suckers for a story.
The real deal that all of you missed was that snap on was going to be coming out with an entry level line to compete with HF
They will be calling is SNAP-OFF
Bob
The real deal that all of you missed was that snap on was going to be coming out with an entry level line to compete with HF
They will be calling is SNAP-OFF
Bob
1950mercury
Well-known member
Does that mean hf is going to make 3\8 and 1\2 shallow 6pt chrome sockets and complete socket sets that dont skip used sizes. And 1/2 in chrome that are larger than 1" . Its about time
Conductor562
Well-known member
Think of all the SO vs. HF arguments we won't have 
balane
Well-known member
Richard Cranium
Well-known member
april fools
thebeekeeper1
Well-known member
The Ratchet Man
Well-known member
http://www.garagejournal.com/forum/showthread.php?t=60257
2010 beat you to it
Kenosha Wi., April 1 /PRNewswire-FirstCall
Snap-On Incorporated buys Central Purchasing -Harbor Freight
Today Snap-on Incorporated announce the purchase of Central purchasing best known as the owner of Harbor Freight Tools.
Snap-on Incorporated is a leading global innovator, manufacturer and marketer of tools, diagnostics, equipment, software and service solutions for professional users. Products and services include hand and power tools, tool storage, diagnostics software, information and management systems, shop equipment and other solutions for vehicle dealerships and repair centers, as well as customers in industry, government, agriculture, aviation and natural resources. Products and services are sold through the company's franchisee, company-direct, distributor and Internet channels. Founded in 1920, Snap-on is a $2.8 billion, S&P 500 company headquartered in Kenosha, Wisconsin.
Central Purchasing certainly could lay claim to the expression "the right tool for the job." The company, better recognized by its trade name, Harbor Freight Tools, is one of the country's largest tool and equipment catalog retailers. Harbor Freight Tools offers more than 7,000 tools and equipment items, including products marketed under such brands as Central Machinery, Chicago Electric, DeWalt, Makita, Pittsburgh, and Stanley. The company also sells via the Internet and through a network of about 325 retail stores in more than 47 states. It was founded in 1968.
David Martin, Vice President of Marketing for Snap-on issued the following statement. "We are very excited about the new markets that Harbor Freight brings to the Snap-on family. This will allow us to introduce lower cost, value oriented tools to mechanics at dealerships and repair centers. We are also excited to be able to bring the Snap-on line to all of 325 Harbor Freight retail stores which will make the world famous Snap-on brand available to the everyday consumer. This is a true win-win situation. Harbor Freight also has extensive global manufacturing contacts so we should be able to produce our quality Snap-on tools at a much lower price point which will mean more value to our customer base."
Snap-On Inc. is acquiring 100% of the outstanding shares of Central Purchasing for $631.2 million. The original negotiations were rumored to have a target price of $789 million but Snap-on used one of the Harbor Freight 20% coupons to get the entire company for $631.2million. The purchase will soon be listed in the Garage Journal Forum "Hot Deal Index" Thread.
Central Purchasing, Inc.
3491 Mission Oaks Blvd.
Camarillo, CA 93011
Happy April First.
2010 beat you to it
Kenosha Wi., April 1 /PRNewswire-FirstCall
Snap-On Incorporated buys Central Purchasing -Harbor Freight
Today Snap-on Incorporated announce the purchase of Central purchasing best known as the owner of Harbor Freight Tools.
Snap-on Incorporated is a leading global innovator, manufacturer and marketer of tools, diagnostics, equipment, software and service solutions for professional users. Products and services include hand and power tools, tool storage, diagnostics software, information and management systems, shop equipment and other solutions for vehicle dealerships and repair centers, as well as customers in industry, government, agriculture, aviation and natural resources. Products and services are sold through the company's franchisee, company-direct, distributor and Internet channels. Founded in 1920, Snap-on is a $2.8 billion, S&P 500 company headquartered in Kenosha, Wisconsin.
Central Purchasing certainly could lay claim to the expression "the right tool for the job." The company, better recognized by its trade name, Harbor Freight Tools, is one of the country's largest tool and equipment catalog retailers. Harbor Freight Tools offers more than 7,000 tools and equipment items, including products marketed under such brands as Central Machinery, Chicago Electric, DeWalt, Makita, Pittsburgh, and Stanley. The company also sells via the Internet and through a network of about 325 retail stores in more than 47 states. It was founded in 1968.
David Martin, Vice President of Marketing for Snap-on issued the following statement. "We are very excited about the new markets that Harbor Freight brings to the Snap-on family. This will allow us to introduce lower cost, value oriented tools to mechanics at dealerships and repair centers. We are also excited to be able to bring the Snap-on line to all of 325 Harbor Freight retail stores which will make the world famous Snap-on brand available to the everyday consumer. This is a true win-win situation. Harbor Freight also has extensive global manufacturing contacts so we should be able to produce our quality Snap-on tools at a much lower price point which will mean more value to our customer base."
Snap-On Inc. is acquiring 100% of the outstanding shares of Central Purchasing for $631.2 million. The original negotiations were rumored to have a target price of $789 million but Snap-on used one of the Harbor Freight 20% coupons to get the entire company for $631.2million. The purchase will soon be listed in the Garage Journal Forum "Hot Deal Index" Thread.
Central Purchasing, Inc.
3491 Mission Oaks Blvd.
Camarillo, CA 93011
Happy April First.