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Matco
Matco Tools, Inc. is an American professional tool distribution franchise for the automotive and other industries and is based in Stow, Ohio, United States. This includes over 13,000 different tools such as wrenches, screw drivers, gauges, and specialty tools. Matco produces their own line of toolboxes in their Jamestown, NY manufacturing plant. They manufacture and contract the production of many air tools, electric tools, hand tools and diagnostic tools.. The company was founded in 1946 and began selling direct to professional mechanics in 1979. Originally Matco was the box manufacturing division of Mac Tools. However, they have not been associated with Mac since Matco Tools was formed in 1979. Former corporate owner Danaher spun off several subsidiaries, including Matco, in 2016 to create Fortive. Fortive, in turn, spun off Matco and other brands as Vontier in 2020. Distribution Similar to Snap-on, Cornwell and many Mac Tools dealers, Matco Tools are sold by a local too ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Danaher Corporation
Danaher Corporation is an American globally diversified conglomerate with its headquarters in Washington, D.C. The company designs, manufactures, and markets professional, medical, industrial, and commercial products and services. The company's 3 platforms are " Life Sciences", "Diagnostics", and "Environmental & Applied Solutions". Danaher is ranked 130th on the Fortune 500 2021. The company is named after Danaher Creek in Western Montana. Founders Steven M. Rales and Mitchell Rales first conceptualized the company while fishing there. Danaher was one of the first companies in North America to adopt " Kaizen" principles to manufacturing, which is a lean manufacturing Japanese philosophy of continuous improvement, and elimination of waste. History The company was organized in 1969 as a Massachusetts real estate investment trust under its former name DMG, Inc. In 1978, DMG, Inc. was reorganized as a Florida corporation and changed its name to Diversified Mortgage Investors, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Antron Brown
Antron Brown (born March 1, 1976) is an American drag racing driver, currently driving the Matco Tools Top Fuel dragster for AB Motorsports in the NHRA Camping World Drag Racing Series. Brown is the first African American champion in drag racing history, winning the Top Fuel dragster championship in 2012, 2015 and 2016. Early life Brown lived in Trenton, New Jersey until age six, when his family moved to his grandmother's 10-acre farm in rural Chesterfield Township, New Jersey following the death of his grandfather.Caldwell, Dave"Sprinter Turned Driver Is a Quick Study in Acceleration" ''The New York Times'', August 30, 2009. Accessed November 26, 2013. "Brown, a 33-year-old native of Chesterfield, N.J., could become the first African-American to win a major N.H.R.A. championship.... Brown lived in Trenton until he was 6. When his grandfather died, his family moved to his grandmother’s 10-acre farm in Chesterfield, in the rural part of Burlington County." His father Albert ran ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vontier
Vontier Corporation is a manufacturing company headquartered in Raleigh, North Carolina. It owns the brands Gilbarco Veeder-Root, Matco Tools and Teletrac Navman, including subsidiaries Hennessy Industries, Gasboy, and Global Traffic Technologies (GTT). History In October 2020, Fortive completed the corporate spin-off A corporate spin-off, also known as a spin-out, or starburst or hive-off, is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active. Characte ... of 80% of Vontier. Fortive disposed of its remaining 20% ownership interest in January 2021. References External links * {{authority control American companies established in 2020 Companies based in Raleigh, North Carolina Technology companies established in 2020 Companies listed on the New York Stock Exchange Corporate spin-offs 2020 establishments in North Carolina ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mac Tools
Mac Tools (previously, Mechanics Tool and Forge Company) is an American company that distributes and markets professional tools and related equipment. It is headquartered in Westerville, Ohio, United States. The Mac Tools line consists of over 8,000 professional tools, including screwdrivers, ratchets, wrenches, and assorted air tools. Mac Tools also produces its own line of tool storage and carts with foreign sourced materials at its manufacturing plant located in Allentown, Pennsylvania. Mac Tools manufactured tools are produced in various Stanley Black & Decker facilities around the world. Mac Tools USA hardline tools are manufactured in their partner plant of Proto Dallas. Their primary distribution center is located in Hilliard, Ohio, United States. Mac Tools business model is a franchise system with roughly 1500 distributors across North America. Their primary competitors include Matco, Snap-on, and Cornwell Tools. History In 1938, the Mechanics Tool and Forge Company ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fortive
Fortive is an American diversified industrial technology conglomerate company headquartered in Everett, Washington. Fortive was spun off from Danaher in July 2016. Mitchell Rales and Steven M. Rales, Danaher's founders, retained board seats with Fortive after the separation. At the point of its independent incorporation, Fortive immediately became a component of the S&P 500. In 2016, Fortive controlled over 20 businesses in the areas of field instrumentation, transportation, sensing, product realization, automation, and franchise distribution. Later the transportation, automation and franchise distribution businesses would be spun off. In 2018 and 2019, ''Fortune'' named Fortive as a Future 50 company. In 2020, ''Fortune'' named Fortive one of the world's most admired companies along with other major tech companies like Apple, Amazon, and Microsoft. 2020 also marked the third year in a row Fortive has been named to the Fortune 500. Acquisitions 2016 In September 2016, F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cornwell Tools
Cornwell Quality Tools is an American privately held company manufacturing tools for the automotive and aviation industries. The company is based in Wadsworth, Ohio. Cornwell remains as one of two remaining mobile tool companies that still produce their own handtools in house at their Albion, Pennsylvania foundry and Mogadore, Ohio machining plants. USA sourced steel is used at these locations to create a more consistent, better quality product than that of overseas manufacturers. They also carry a lifetime warranty on all hand tools and use Taiwan and China manufacturing to round out its product offerings. Cornwell recently acquired Kennedy Manufacturing, Van Wert, Ohio. Kennedy produces their own Kennedy branded line of tool storage products. Cornwell also carries various air, cordless electric, diagnostic, and hand tools from other manufacturers. This is the same practice as Mac Tools, Snap-on, and Matco Tools, who together make up the four major flags of the mobile tool busine ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wage Theft
Wage theft is the failing to pay wages or provide employee benefits owed to an employee by contract or law. It can be conducted by employers in various ways, among them failing to pay overtime; violating minimum wage, minimum-wage laws; the misclassification of employees as independent contractors, illegal deductions in pay; forcing employees to work "off the clock", not paying annual leave or holiday entitlements, or simply not paying an employee at all. Wage theft in the United States According to some studies, wage theft is common in the United States, particularly from low wage workers, from legal citizens to undocumented immigrants. The Economic Policy Institute reported in 2014 that survey evidence suggests wage theft costs US workers billions of dollars a year. Some rights violated by wage theft have been guaranteed to workers in the United States in the 1938 Fair Labor Standards Act (FLSA). Forms Overtime According to the FLSA, unless exempt, employees are entitle ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manufacturing Companies Established In 1946
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manufacturing Companies Based In Ohio
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tool Manufacturing Companies Of The United States
A tool is an object that can extend an individual's ability to modify features of the surrounding environment or help them accomplish a particular task. Although many animals use simple tools, only human beings, whose use of stone tools dates back hundreds of millennia, have been observed using tools to make other tools. Early human tools, made of such materials as stone, bone, and wood, were used for preparation of food, hunting, manufacture of weapons, and working of materials to produce clothing and useful artifacts. The development of metalworking made additional types of tools possible. Harnessing energy sources, such as animal power, wind, or steam, allowed increasingly complex tools to produce an even larger range of items, with the Industrial Revolution marking an inflection point in the use of tools. The introduction of widespread automation in the 19th and 20th centuries allowed tools to operate with minimal human supervision, further increasing the productivity of hu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jack Beckman
Jack Beckman (Born June 28, 1966 at San Fernando, California and also known as Fast Jack,) is a professional drag racer who drove a NHRA Fuel Funny Car for Don Schumacher Racing until 2020. Beckman won the SuperComp championship in 2003, his first Funny Car championship in November 2012 and achieved the third fastest Funny Car time in NHRA history in 2015. He raced the quickest time in Funny Car history earlier in that same month. Off the track, Beckman was an instructor for Frank Hawley's Drag Racing School, the official driving instruction school of the National Hot Rod Association, and currently serves as a consultant. Over a period of 11 years, Beckman instructed over 7,000 different students. He is currently documenting the sport's history and is taking part in the Wally Parks NHRA Motorsport Museum's History of Hot Rodding. Beckman is a former sergeant in the U.S. Air Force and in May 2013 he was presented with the U.S. Air Force Wall of Achievers honor in Enlisted Heritage ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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