Snap-on Franchise’s Crap-on Dealer Program: Add Your Praise!
The Snap-on Incorporated SNA board of directors has proudly declared another quarterly common stock dividend payable June 10, 2016 to Snap-on shareholders.
Snap-on has paid consecutive quarterly cash dividends, without interruption or reduction, since 1939.
Up until now, we’ve been pretty tight lipped about the secret to our amazing success and continuous stock performance. Yet now, for the first time, Snap-on Inc. is sharing a rare glimpse into the strategy that has generated amazing returns for Snap-on shareholders: The Crap-on Dealers Program.
Nicholas T. Pinchuk Chairman, President & Chief Executive Officer, explained why the time is right for Snap-on Inc. to toot it’s own horn:
Snap-on Inc. does not get the credit we deserve for the contributions we make to American society. While other manufacturers are making profits by exploiting workers in Latin America and Asia, we refuse to ship our exploitation overseas.
We are an American company, squeezing profits from the hard-working franchise owners who once owned homes right here on Main Street, USA.
– Nicholas T. Pinchuk, Chairman, President & Chief Executive Officer
Thomas L. Kassouf, Senior Vice President and President-Snap-on Tools Group, expressed thanks to Nicholas Pinchuk (or Nicky Pinchy as he’s affectionately known around the office) for the recognition he’s given the Snap-on Tools group:
Pinchy Pinchchuk is an inspirational leader who deserves much more than the $10,000,000 in compensation he received last year.
He understands that giving credit to the hardworking men and women who recruit Snap-on franchisees, get them leveraged to the hilt, push them to buy more tools and put more paper on the street, refuse to pay their warranties or buy back tools, reacquire their routes to sell at a profit, and make them remove all Snap-on logos from the trucks they now live in is every bit as important to me as my $3,000,000 in yearly compensation.
Or almost as important.
– Thomas L. Kassouf, Senior VP and President, Snap-on Tools Group
Feel free to share your praise, commendations and kudos for the unsung heroes of Snap-on who keep our the SNA stock growing and keep Snap-on franchises churning!
Disclaimer: Crap-on.com is an independent satirical parody website that is not affiliated with Snap-on Inc. (NYSE: SNA), Snap-on Tools Company LLC, any particular Snap-on franchisee, former franchisee, franchisee group or 3rd party vendor. Trademarks belong to their respective owners.
TAKE THIS DOWN RIGHT NOW.
Love,
MOM AND DAD
Lmfao. Not associated with any franchisee, because when KING REGIAN, as shown in the pocket screwdriver photo you used, defrauded the corporation by sending ceasar romero and his kids to pawn shops to buy tools and then sent them in as warranty, he was shut down. A thief and a liar. A gofundme to raise funds while paying cash to build a $300,000 home. Your purchases were negative, that only happens by being deceitful and fraudulent.
“Lmfao. Not associated with any franchisee…”
We borrowed several pictures from the King Regian facebook page cuz they were so good. Tried to use the King Regian screwdriver as a “Screw Driver” ad but it didn’t work.
We’ll be borrowing a lot from the Snap-on site in upcoming posts. No, Your Mother, we’re not affiliated with Snap-on Inc. either.
Wow, so witty. For a woman that looks like the joker, I expected better.
Defamation is pretty serious, so keep it up
If you didn’t make it with the best company. Best support. Best products. Best financing. You won’t be around long to bitch. Good luck!
Who is Ceasar Romeo? And we don’t own a $300,000 house. Paid $236,000 for it 17 years ago. Check your facts….
“Your Mother” wrote: “Defamation is pretty serious, so keep it up”
Defamation IS serious. Here’s a quick lesson for you before get yourself into further trouble.
Defamation is when someone states things as facts that they know (or should know) are false or that they cannot substantiate, and they do this with the intention of doing harm.
You stated that the Regians paid cash for a $300,000 house while raising funds on gofundme. If you can’t prove each of the elements are true, you have likely committed defamation and can be sued. If the house was not paid for in cash, if it did not cost $300,000, OR if it was not purchased “while raising funds on gofundme,” your statement is defamatory and likely actionable.
You also stated that King was “shut down” because he “defrauded the corporation” by sending his wife and kids to pawn shops “to buy tools and then sent them in as warranty.” Do you have real proof that your statement is true? It seems unlikely since King Regain wasn’t “shut down.” He worked & operated his franchise right through the end of his franchise agreement. If you cannot back this statement with proof, this is likely another defamatory statement.
“Your purchases were negative, that only happens by being deceitful and fraudulent.” Has there ever been a single incidence of “negative purchases” by someone that occurred for reasons other than being “deceitful and fraudulent”? If so, your statement is untrue and possibly the third defamatory statement.
You stated that King Regian is “A thief and a liar.” Has Mr. Regian has ever been arrested and convicted of theft? Can you provide proof that he has a pattern of lying? If not, you have likely made up to 5 defamatory, actionable statements in a single comment.
Additionally, you have made defamatory statements against a couple that is already being represented by a very zealous law firm in a very heated dispute. Not smart, dude. If I were him, I’d be on the phone with the attorney first thing tomorrow. This is a man’s reputation being smeared. If you’re not nervous, you should be.
I would very strongly recommend that you immediately retract any of these statements that you could not prove (and I mean PROVE) in a court of law, and provide the Regians with a hearty apology.
I am not a party to this dispute, but I can assure you that you are one subpoena to a web host and one visit from the process server away from seriously rethinking your cocky attitude and offhand accusations forever.
Just a word to the… well, to you.
30 year franchisee. I Have a wonderful life, wonderful career. While Snap on is far perfect, this drivel couldn’t be further from the truth. Real name below
Hey. Your were a franchisee. You did some things that were not allowed by the franchise agreement. You got caught. You are not a franchisee anymore. Move on. Get over it. WTF
To franchisees who think that because they have been treated fairly all other franchisees must have been as well:
Congratulations on your fulfilling life, to this point, as a Snap-on franchisee. No one is denying that there are a good many happy and successful Snap-on franchisees, especially those who got in 30 years ago. Hopefully, your good fortune will continue and your memories of Snap-on will all be fond memories. But just because you’ve had a great experience thus far does not mean that those who have complaints must be whiners, slackers and cheats… that their complaints are not valid… or that you won’t find yourself in the same situation some day.
I interviewed the Regians not long ago and they admitted that a couple of years ago they would have said the same thing Jim Hearing and others say. They admit they dismissed the complainers as a bunch of whiners who won’t take responsibility for their own actions. They were very successful and as pro-Snap-on as any of you.
According to the Regians, when they decided to try to sell the business they invested more than two decades building everything changed. They say Snap-on blocked the sale. They say that Snap-on made promises in writing regarding warranties then refused to keep their word. In fact, they claim Snap-on imposed rules on King Regian that no one else had to follow. The Regians (and many others) believe that once Snap-on decides that they are done with you they will cut you out with regard only for their bottom line… and the return they provide to shareholders.
Hopefully, it won’t happen to you, Jim, or others… but IF it happened to King Regian it likely could happen to you. Imagine trying to stand up for yourself and get a company you were loyal to to honor its agreement – and having fellow franchisees turn on you and make all kinds of accusations that they have no basis or substantiation for making.
Hey, if he broke the rules and did the things alleged here and elsewhere, he deserves what he got. But where’s the proof?
Instead of jumping to the conclusion that King must have deserved the treatment he got because YOU’VE been treated fairly, franchisees should demand substantiation from both sides, and stick up for a fellow franchisee if the treatment was unfair or unethical… cuz you could be next.
I did business (buy tools) years ago with king regian and james crow, I was not happy with them, I wont make that mistake again. if regian is having troubles with snap on, I believe regain brought it on himself. this is my opinion and from the experiences I have had. I own a lot of snap on tools and have not had this problem with other dealers. I am disappointed with the prices of snap on when you compare them with the quality of the other big 3. snap on had a sales flier with a particular tool for approx. $600., I bought the better quality competitor tool for $175. for the past few years, snap on quality has been going down hill and their prices skyrocketing. at the rate snap on is going, they may not be in business in the near future.
Pingback: Snap-on Tools Franchise Lawsuits and Settlements – Crap-on Dealer Program
Pingback: Snap-on CEO Nicholas “Pinchy” Pinchuck Spills the Beans, Admits to Exploiting Franchisees – Crap-on Dealer Program
20 years ago, I bought a lot of snap on metal, because it was much better. I use to be proud of my stuff. I moved to a small town in northern WI, and just work on my own stuff now.
My best friend there is a Vietnam vet and gifted mechanic, who is dying from cancer he got from being exposed to agent orange as a mechanic working on the equipment in nam. He is an example of how the VA would rather let vets die.
So, I called the northern WI snap on dealer to see if he could give my friend an assessment of value – this was a way my snap on rep made real money, and a very reasonable request. He didn’t return my call, and when I called him back, he pretty much told me to go f myself, then hung up on me. When I called back, he didn’t answere.
I found this page trying to find corporate, so I could file a grievance complaint. Why bother! This is a company that doesn’t stand by their customers, or dealers. I personally will never spend another dollar on a company that exploits, or walks away from life time customers.
There was a day when snap on tools were better. That was a long time ago. Buy something else instead – even if Trump thinks it’s a great American company…
That God for Sears and Harbor Freight.