Snap-on Industrial Launches Rental Program to Expand Reach of Existing Mobile Tool Crib Program

Kenosha, Wis., June 16, 2010 – How do you expand on a product that exceeds customer expectations every time and saves money to boot? Simple, just add a rental program and make it deliverable to anywhere in the continental United States in two days. That's the case with Snap-on Industrial's new mobile tool crib rental program.

The company's existing mobile tool crib product is built around a customized tool container that's available in sizes from 20 ft. to 40 ft. The crib includes a selection of both Snap-on tools and products specified by the customer; standalone cribs can be linked together to create an even larger tool selection at a remote site. Now this offering is available in a rental program boasting a container stocked with pre-selected Snap-on tools.

"The mobile tool crib concept has been adopted by diverse industries as not only the solution to a problem, but as the template for asset management going forward," said Dale Alberts, director, business development for Snap-on Industrial. "The rental program takes that idea one step further by making the tool crib available almost instantly for short- or long-term assignment. We have outfitted the rental tool crib to meet the requirements of 90 percent of the tool needs at an industrial, power, mining or construction site."

A 40 ft. container can provide tool service for up 20 technicians or millwrights; the 22 ft. trailer provides tools for eight to 10 workers. Rental units are shipped from centrally located Conway, Ark., and can be delivered anywhere in the contiguous states within two days. Rental terms extend from one week to a year; longer-term arrangements are available under a leasing plan. Additionally, Snap-on Industrial offers turn-key service that can include everything from delivery and set up to staffing. Cribs are available in sizes and configurations that can fit any work-site footprint.

"The tool crib is an important component of any job site, but especially in large operations or in remote locations," said Alberts. "It needs to be well stocked and ready to go. But maybe the crib only needs to be at a location for 30 days – it doesn't make sense economically to purchase an asset like that for short-term deployment. But rental makes a lot of sense."

Mobile tool cribs from Snap-on Industrial can be purchased, rented or leased. Customers also can have an existing tool crib retrofitted with the Level 5 Tool Control System, add the Level 5 Asset Management Software to an existing tool crib or hire a Snap-on consultant to organize an existing tool operation.

Snap-on Industrial is a division of Snap-on Incorporated, 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, distribution and Web-based channels. Founded in 1920, Snap-on is a $2.4 billion, S&P 500 Company headquartered in Kenosha, Wisconsin. For more information about the Snap-on Industrial mobile tool crib rental program or other Snap-on Industrial products, call 877.740.1900 or visit www.snapon.com.

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