As part of the grand opening of its “Innovation Works” facility in
Kenosha, Snap-on Incorporated (NYSE:SNA), a leading global innovator,
manufacturer and marketer of tools, diagnostics and equipment solutions
for professional users, hosted a Regional Partnership Summit on
May 29. The summit, which was titled “Innovation and Workforce
Development to Meet Changing Markets and Technology,” featured prominent
regional leaders from education, government and industry.
Wisconsin Governor Jim Doyle attended the event. In addition, the summit
featured presentations and discussions by other experts and leaders on
key market and technology issues and initiatives impacting the
workforce. Among those making presentations included the State of
Wisconsin Workforce Development Secretary, Roberta Glassman; Bryan
Albrecht, president of Gateway Technical College; and Dr. Glenn Bower of
the University of Wisconsin.
“We want to thank everyone who participated in this lively and
informative roundtable discussion,” said Nicholas T. Pinchuk, Snap-on
chairman and chief executive officer. “One of the many goals of our new
‘Innovation Works’ facility is to host events where prominent decision
makers from the business world, education, the community and government
can gather and discuss preparing the workforce for changing technologies
and emerging industries. This summit resulted in some creative and
strategic ideas on which we plan to work together. We want to thank all
the participants, and especially Governor Doyle, for taking part in the
summit and the grand opening of Snap-on’s ‘Innovation Works’.”
Topics discussed during the summit included state initiatives to address
energy, training and workforce development; trends in next generation
vehicle technology including hybrids, electric fuel cell and hydrogen
vehicles; and the urgent need for appropriate training and development
to align the workforce with emerging technologies and the changing needs
of the community.
About Snap-on
Snap-on Incorporated is a leading global innovator, manufacturer and
marketer of tools, diagnostics and equipment solutions for professional
users. Product lines 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 general industry, energy and natural resources,
aerospace, agriculture and construction. Products are sold through its
franchisees, company-direct sales and distributor channels, as well as
over the Internet. Founded in 1920, Snap-on is a $2.9 billion, S&P 500
company headquartered in Kenosha, Wisconsin.
For additional information on Snap-on, visit www.snapon.com.
Snap-on Incorporated
Media contact:
Richard Secor
262/656-5561
or
Investor
contact:
Marty Ellen
262/656-6462
