Categories: Trucking News
      Date: Jun  1, 2009
     Title: Snap-on Hosts Regional Partnership Summit at New Innovation Works Facility

KENOSHA, Wis.—May 29, 2009 – 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.