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/
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/

pimping
