 | |
| Company type | Subsidiary of Vontier |
|---|---|
| Industry | Manufacturing |
| Founded | 1946 |
| Headquarters | Stow, Ohio, U.S. |
Key people | Timothy Gilmore (CEO) |
| Products | Professional hand tools |
| Parent | Vontier |
| Website | www |
Matco Tools, Inc. is an American professional tool distribution franchise for the automotive and other industries[1] 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.[2] The company was founded by Bill Mattison and Joe Cornwell. They combined their names to form the company's name, Matco, in 1946 and began selling direct to professional mechanics in 1979.[3] 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.[4] Fortive, in turn, spun off Matco and other brands as Vontier in 2020.[5]
- ^ Detail: Matco Tools.com Archived 2008-07-20 at the Wayback Machine
- ^ http://autorepair.about.com/cs/tools/a/aa081800a.htm Archived 2008-09-28 at the Wayback Machine About.com comparison of different professional tools
- ^ About Matco Tools
- ^ Zacks Equity Research. "Danaher Completes Fortive Spin-Off, Trading to Begin Today". Yahoo Finance. Retrieved 5 July 2016.
- ^ "Fortive Completes Spin-off of Vontier" (Press release). Business Wire. October 9, 2020.