Elizabethton, Tennessee — According to state and local development sources, Snap-on plans to invest $44,000,000.00 to build out 49,000 square feet of new space in Elizabethton. The company plans to occupy the new space at 2195 State Line Rd in Elizabethton, on or about December 1, 2024. According to the company website Snap-on Incorporated is a leading global innovator, manufacturer, and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks including those working in vehicle repair, aerospace, the military, natural resources, and manufacturing. From its founding in 1920, Snap-on has been recognized as the mark of the serious and the outward sign of the pride and dignity working men and women take in their professions. Products and services are sold through the companys network of widely recognized franchisee vans, as well as through direct and distributor channels, under a variety of notable brands. The company also provides financing programs to facilitate the sales of its products and to support its franchise business. Snap-on, an S&P 500 company, generated sales of $4.5 billion in 2022, and is headquartered in Kenosha, Wisconsin.

To learn more about Snap-on, visit http://www.snapon.com/

Company Contact:
Nicholas Pinchuk, Chief Executive Officer
nicholas.pinchuk@snapon.com
877-762-7664

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