By as much as seven-to-one, Snap-on chosen best brand in all five categories
KENOSHA, Wis.--(BUSINESS WIRE)--Mar. 2, 2009--
Snap-on Incorporated (NYSE:SNA), a leading global innovator,
manufacturer and marketer of tools, diagnostics, equipment, software and
service solutions for professional users announced that Snap-on was
named the best in hand and power tools, tool storage devices, scan tools
and floor jacks in the 2008 survey, United States (U.S.) Automotive
Technicians’ Choice: Evaluation of Automotive Tools.
“Snap-on is honored to be the recipient of five Frost & Sullivan’s
Technician’s Choice Awards this year,” said Thomas J. Ward, president of
Snap-on Tools Company, LLC. “Receiving the recognition is truly
gratifying to everyone at Snap-on because our customers select the award
winners. Our goal is to work hard to understand our customers’ critical
needs so we can produce unique productivity solutions for them. Based on
the results of the Frost & Sullivan research, we are very proud that
service technicians feel we have the best products and solutions in the
industry.”
“Since Frost & Sullivan started researching U.S. automotive technicians
with regard to the types of tools and diagnostic equipment they use, one
name has stood out above all the rest, Snap-on,” said Frost & Sullivan
director Tonya Fowler. “To be named best overall in five categories
really shows Snap-on’s commitment to meeting the demands of its
customers as well as Snap-on’s commitment to being a leader in
innovative productivity solutions for U.S. automotive technicians.”
By an overwhelming vote, Snap-on was preferred as the overall best hand
tool as it has been since the annual research began. In the 2008 survey,
69 percent of technicians ranked Snap-on number one in the hand tool
category compared to just 10 percent choosing its nearest competitor.
Among the innovative hand tools that service technicians have come to
rely on is the Snap-on ratchet with Dual 80® Technology - the
world’s strongest ratchet.
As with hand tools, technicians gave high ratings to Snap-on by a wide
margin in the power tool category. Thirty-one percent chose Snap-on as
the best overall power tool making this the second year in a row that
Snap-on has led the category. Its closest competitor was chosen by six
percent of respondents. One of Snap-on’s newest power tools is the talk
of the industry, the 3/8” Drive Impact Wrench (MG325) which has service
technicians buzzing about its power, speed and ease of use.
Snap-on continued its supremacy in the tool storage category, ranked
number one by 60 percent of those surveyed and far out ranking its
nearest competitor at 14 percent. Snap-on has been the leader in the
tool storage category every year since the annual research began and
each year the percentage of technicians selecting Snap-on as number one
has increased. Snap-on’s new-to-the-world, innovative EPIQ tool storage
unit is the first storage unit that is powered to work the way that
technicians do. Designed for auto repair in the 21st Century, EPIQ is a
complete productivity system, making it an ideal unit to securely store
sophisticated diagnostics and cordless tools, as well as laptops, cell
phones, iPods or digital cameras.
Always considered the industry leader in scan tools, Snap-on was
selected as the category frontrunner, having ranked first each year the
research has been conducted. In the scan tool category, over half of the
service technicians surveyed ranked Snap-on first at 54 percent compared
to 14 percent by its nearest competitor. Snap-on’s latest example of
cutting-edge innovation in the scan tool category is VERUS™, a powerful
evolution in handheld diagnostics. VERUS gives technicians everything
they need to manage the customer, the vehicle, the diagnosis and the
repair -- in one rugged unit.
In the newest category, floor jacks, Snap-on was once again rated the
top brand in survey results. Eighteen percent of U.S. technicians ranked
Snap-on as the best, higher than its nearest competitor at nine percent.
In addition, 10 percent more technicians own a Snap-on floor jack than
its nearest competitor. Snap-on’s 2-½ ton Hydraulic Service Jack
(YA700B) is a perfect example of a rugged floor jack is known by service
technicians for its ease of operation.
“Snap-on’s mission is to provide the world’s most valued productivity
solutions. We will continue to focus on the needs of our customers,”
said Ward.
About Snap-on
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. For
additional information on Snap-on, visit www.snapon.com.
About Frost & Sullivan
Frost & Sullivan, the Growth Consulting Company, partners
with clients to accelerate their growth. The company's Growth
Partnership Services, Growth Consulting and Career Best Practices
empower clients to create a growth focused culture that generates,
evaluates and implements effective growth strategies. Frost & Sullivan
employs over 45 years of experience in partnering with Global 1000
companies, emerging businesses and the investment community from more
than 30 offices on six continents. For more information about Frost &
Sullivan’s Growth Partnerships, visit http://www.frost.com.
Source: Snap-on Incorporated
Snap-on Contact:
Richard Secor
262-656-5561
richard.secor@snapon.com
or
Frost
& Sullivan Contact:
Stacie Kopecki
210.247.2450
Stacie.kopecki@frost.com