Matco Tools, Inc. is an American professional tool distribution franchise for the automotive and other industries and is based in
Stow, Ohio
Stow is a city in Summit County, Ohio, United States. The population was 34,483 at the 2020 census. It is a suburban community within the Akron metropolitan area.
History
Stow is named for Joshua Stow, its original proprietor. Joshua Stow was ...
, 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
Jamestown is a city in southern Chautauqua County, in the U.S. state of New York. The population was 28,712 at the 2020 census. Situated between Lake Erie to the north and the Allegheny National Forest to the south, Jamestown is the largest pop ...
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
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 ...
in 2020.
Distribution
Similar to
Snap-on,
Cornwell Cornwell can refer to: People
* Almon Cornwell (1820–1893), American farmer-politician in Wisconsin
* Anita Cornwell (1923–2023), American author
* Bernard Cornwell (born 1944), British historical novelist
* Charlotte Cornwell (1949–2021), Bri ...
and many
Mac Tools dealers, Matco Tools are sold by a local tool distributor who owns a territory by means of a franchise. The franchise owner drives to the work locations of potential customers, and typically offers financing to individuals looking to buy their tools. Matco trucks are easily identified by their white color with large blue and red Matco logo on the side.
NMTC, Inc. d/b/a/Matco Tools ("MATCO") is a
Delaware
Delaware ( ) is a state in the Mid-Atlantic region of the United States, bordering Maryland to its south and west; Pennsylvania to its north; and New Jersey and the Atlantic Ocean to its east. The state takes its name from the adjacent Del ...
corporation, incorporated on January 12, 1993. Matco is a wholly owned subsidiary of Matco Tools Corporation ("MTC"). MTC is a
New Jersey
New Jersey is a state in the Mid-Atlantic and Northeastern regions of the United States. It is bordered on the north and east by the state of New York; on the east, southeast, and south by the Atlantic Ocean; on the west by the Delaware ...
corporation.
Matco has used Fortive Business System (FBS) to grow its distribution model and build strong customer and franchisee relationships through
digital marketing
Digital marketing is the component of marketing that uses the Internet and online based digital technologies such as desktop computers, mobile phones and other digital media and platforms to promote products and services. Its development duri ...
.
Wage Theft
On April 28th, 2022, Matco Tools paid more than
$15 million to resolve allegations that it misclassified employees as contractors in order to
avoid paying its workers overtime pay and deny them of their mandated breaks.
Motorsport sponsorships
Matco sponsors, or has sponsored, several professional racing teams, including 3-time
Top Fuel
Top Fuel is a type of drag racing whose dragsters are the quickest accelerating racing cars in the world and the fastest sanctioned category of drag racing, with the fastest competitors reaching speeds of and finishing the runs in 3.62 seconds ...
champion and 45-time
NHRA
The National Hot Rod Association (NHRA) is a drag racing governing body, which sets rules in drag racing and hosts events all over the United States and Canada. With over 40,000 drivers in its rosters, the NHRA claims to be the largest motorspo ...
winner
Antron Brown, and NHRA Super Comp champion and
Funny Car
Funny Car is a type of drag racing vehicle and a specific racing class in organized drag racing. Funny cars are characterized by having tilt-up fiberglass or carbon fiber automotive bodies over a custom-fabricated chassis, giving them an appea ...
racer
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 firs ...
.
Jack Beckman to Replace Whit Bazemore at DSR
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References
External links
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{{Tool manufacturers
Tool manufacturing companies of the United States
Manufacturing companies based in Ohio
Manufacturing companies established in 1946
Automotive tool manufacturers
1946 establishments in Ohio