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Wanda Snap-On

oldtools

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In addition to owning a manufacturing plant in Kunshan (China), Snap-On just bought a 60% stake in a top Chinese tools manufacturer (Zhejiang Wanda Tools Co) and rename it to Wanda Snap-On. Wanda must make very good tools for Snap-On to buy it. Snap-On won't buy low quality tools maker that may tarnish its name. Wanda Snap-On export tools worlwide including the US (as rebadged Snap-On?)

Will Wanda tools be sold in the US as Snap-On or will Snap-On create another brand like "Want-On"? I am drooling just thinking about those Want-On tools.

Check out their tools. You may want some Want-On too.

http://research.investingminds.com/S/Snap-on_(SNA)

http://investing.businessweek.com/b...tocks/private/snapshot.asp?privcapId=44002948

http://www.wanda-tools.com/
 
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bchee

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I see a lot of pliers, but do they make ratchets or sockets? I didn't see any on the site.
 

Merkava_4

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You mean to tell me the Chinese have a stand alone tool company that makes tools for themselves? I don't believe it. :cool:
 

petty4243

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at this point, i seethem as only an import variation of the olde williams, or bonney.... were own tools, just owned by snap on, not saying it is not possible for snap on to change.... who knows... maybe the blue point line will move from tiawan to china
 

Rickster

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Won ton of money...
You gotta have-a won ton of money...
Won ton of mmmmmoooonnnnneeeeyyyyyy...
To get a won ton SnapOnnnnnnn.....
 

Tarheelgarage

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I have to believe Wanda Snap on will be traveling on your neighborhood Snap On truck very soon.....at a premium price:thumbup:
 

-B-

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SO has only invested in the company it is against China law for foreign companies to own manufacturing facilities in China. many a company has tried to own so that they can control the quality and work force sadly it is never going to happen industries are ultimately run by the government no matter what labels are on the facilities.
 

rsanter

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perhaps they were stealing the snap on designs for pliers and snap on couldnt stop them so they bought them

bob
 

Stuey

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Snap-On won't buy low quality tools maker that may tarnish its name.
Hahaha, are you kidding? Haven't you seen those crappy Snap-On flashlights that are being sold in Costco and some discount stores?

What I'm afraid of is that S-O will release these Wanda tools in the mainstream market, and naive consumers won't know any better and will ****** them up.
 

J.A.F.E.

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SO could go either way, use Wanda to make the BP brands instead of outsourcing to 3rd parties or make SO stuff "offshore". A few years ago my money would've been the former but the way things are now in this money grabbing free-for-all we're in my guess is the latter.

As for the consumer dreck flashlights or whatever that is and is not SO's fault. They license the name to a 3rd party for a piece of the action and a big chunk up front. Not their fault because they have no real say once the name is licensed for a given idea. Their fault for :pimpflash pimping :pimpflash out the name in the first place.
 

jay50

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Maybe SO will sell the Wanda tools through Harbor Freight to get in on some of the low price market.
 
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oldtools

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Maybe SO will sell the Wanda tools through Harbor Freight to get in on some of the low price market.

Snap-On bought many foreign tool makers, but they never rename those companies especially by adding the Snap-On name to it. They could have leave the original name alone or just shorten it to Wanda. By adding Snap-On to it, Snap-On must have alot of confident for Wanda. Snap-On would not tarnish its name by selling Wanda Snap-On tools in HF.
 
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oldtools

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SO has only invested in the company it is against China law for foreign companies to own manufacturing facilities in China. many a company has tried to own so that they can control the quality and work force sadly it is never going to happen industries are ultimately run by the government no matter what labels are on the facilities.

Aside from owning part of a tool maker, Snap-On itself own two manufacturing plants in Kunshan (China). According to Snap-On annual report on the bottom of page 14, Snap-On produces (in its Kunshan facilities) Blue Point tools using Chinese materials (steel) and export them worldwide. See link below

http://www1.snapon.com/display/DocMgmtDisplayFile.aspx?fileid=260


You can see Snap-On Kunshan manufacturing facilities on the bottom of page 5 in the link below.

http://www1.snapon.com/display/DocMgmtDisplayFile.aspx?fileid=8029
 

-B-

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Aside from owning part of a tool maker, Snap-On itself own two manufacturing plants in Kunshan (China). According to Snap-On annual report on the bottom of page 14, Snap-On produces (in its Kunshan facilities) Blue Point tools using Chinese materials (steel) and export them worldwide. See link below

http://www1.snapon.com/display/DocMgmtDisplayFile.aspx?fileid=260


You can see Snap-On Kunshan manufacturing facilities on the bottom of page 5 in the link below.

http://www1.snapon.com/display/DocMgmtDisplayFile.aspx?fileid=8029

SO can claim what ever they want to satisfy share holders who have little to no experience in worldwide manufacturing. Do some research on China manufacturing no foreign companies are allowed to own real estate or manufacturing plants. They may also have had the wool pulled over on them and soon will find out they own little to nothing.
 

dfndr

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So, does this mean that if we want to have USA made tools it's SK, Wright and C/M as our last chance? I think that knowing US quality in metal, workmanship and just plain trustworthiness would overcome even good looking Chinese stuff.
 

Bolster

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I hope SO also outsources their marketing to Wanda, too.

I mean, how stupid is: "Snap-on, there is (was?) a difference." Goofy American slogan.

But look at what Wandamarketing can do: "More relaxed to have me!" It's Wandarful!

Plus, you get those top-quality Chinese steels. No steel in the world is better than Chinese steel!

Enjoy new fortunate relaxed Snapon Wanda happy joy luck tools!
 

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Junkman

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I Wanda if there will be a market for all my old Snap-On tools when the shiny new stuff starts arriving? One thing that the Chinese can do better than any American company, is the chrome. They are not forced to comply with the EPA regulations that are strangling our American companies.
 
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oldtools

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I wandar wanther Snap-On will start moving its Snap-On brand production to its Kunshan facilities. Snap-On want to be a global company which mean global production. Which ever production facility is the most efficient, that is where the tools will be made. If Snap-On standardized its quality control among its productin facilities, there should be no difference.
 
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oldtools

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So, does this mean that if we want to have USA made tools it's SK, Wright and C/M as our last chance? I think that knowing US quality in metal, workmanship and just plain trustworthiness would overcome even good looking Chinese stuff.

Alot of the SK tools are now made in Taiwan. CM will soon be made in China/Taiwan too. Not sure when Wright will cave in.
 

TRTOOLSUPPLY

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Hi dfndr,
I just wanted to add,that Wright Tool is privately owned.There are no stock holders to push for higher returns and Wright doesn't do the race sponsor thing,calendars,etc.....The family makes the desicions about the global manuf. of tools.
This is one of the reasons I like being a distributor of Wright tools,they have niches in mining and power industries that have relied on them for decades.These industries don't send a high paid worker to the nearest HF to buy a 4" SAE combo to fix something in a underground coal mine.
I know some people on here hate to hear this but:THESE INDUSTRIES LIKE TO BUY HIGH QUALITY USA MADE TOOLS!!Be it SO,Wright,Mac or someone else.This is the same feedback I get from my Gov't contractors,they don't shop for China made tools.I don't know the 100% reason why but they don't.So for any tool manuf. I don't know if this will become a issue ,when it comes to selling tools.:headscrat
 

Fedwrench

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Alot of the SK tools are now made in Taiwan. CM will soon be made in China/Taiwan too. Not sure when Wright will cave in.

The only SK tools made in Taiwan that I can think of off of the top of my head are their G Pro ratcheting wrenches, those hokey flexible pliers, stubby ratcheting screwdriver, probably their air tool line, and the double x pliers. Granted it's probably more than I would like to see but, at least their core hardline is still US made. Hopefully, it will stay that way for many more years to come.

Hi dfndr,
This is the same feedback I get from my Gov't contractors,they don't shop for China made tools.I don't know the 100% reason why but they don't.So for any tool manuf. I don't know if this will become a issue ,when it comes to selling tools.:headscrat

US Government tool purchases over $3000 are mandated by the Berry Amendment to be US made. Purchases under $3000 aren't required to be US sourced.
 
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oldtools

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If your shop is not in a good feng shui location, the Wanda Snap-On truck will not deliver these wandarful tools to you.
 

TRTOOLSUPPLY

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Fedwrench you are right on the Berry Amendment but I included "contractors" because if they are buying for themselves as opposed to buying for the US gov't ie contract purchases ,they can buy any brand or country of origin tools .It is these folks that still ask for US made tools.This is not my opinion ,it's what we sell to them every week.
Case in point ,a couple of weeks ago quote for a pipe wrench.I quote a global made MIT brand to save $ but they wanted a Ridgid.I didn't argue,just sold them the Ridgid.
 

volvo420coupe

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I have Personally met the great man that started MIT tools, he was not born in the USA, but he is 100% American, he fled his home country through gunfire with his family, and started an AWESOME tool company. I own many MIT tools and have been very satisfied, his son followed in his footsteps and started GRIP tools. They are living the American dream. One example of MIT tools that I would recommend to anyone, I have axle nut sockets in 30, 32, 34, 35, and 36, all for less than the price of any ONE of these sockets from a truck. Will I ever break one of them? Doubt it.
 
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