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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] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |