Snap-on Incorporated Announces Honor Flight Network Donation

Largest National Pledge for Solo Honor Flights

KENOSHA, Wis.--(BUSINESS WIRE)--Jul. 24, 2013-- Snap-on Incorporated (NYSE: SNA) hosted a tribute picnic and formally announced its sponsorship of "Honor Flight Network" today by making a donation of $50,000 to the organization in front of associates, retirees and franchisees at its Kenosha headquarters. Snap-on is the first company to sponsor solo Honor Flights for its associates and franchisees on a national level. Working with Honor Flight Network, Snap-on will transport veterans of World War II, Korea and Vietnam to visit their memorials in Washington this fall.

"We at Snap-on join the Honor Flight Network in recognizing our veterans who have given so much. Today, we're saluting these patriots with a ceremony and sharing with them our plans to sponsor a series of special Honor Flights for Snap-on veterans, both associates and franchisees, who will get the chance to visit Washington, D.C. and see, in person, the memorials erected in their honor," says Nick Pinchuk, chairman and chief executive officer of Snap-on Incorporated. "On behalf of Snap-on, a great American company, we thank our veterans for protecting our freedom and for making possible the America we enjoy today."

Among the veterans in attendance was a former prisoner of war and Purple Heart recipient who was liberated from captivity by General George Patton and later worked for Snap-on 32 years, and a multi-medal recipient who was a part of the 10th Mountain Division's successful nighttime 1,500 ft. vertical assault on Riva Ridge and later worked for Snap-on 44 years.

Along with Snap-on representatives, Chairman of Honor Flight Network James McLaughlin was on hand for the check presentation and festivities. "This donation and the commitment that Snap-on has made will make it possible for Snap-on associates and franchisees to visit the memorials in Washington, D.C. dedicated to recognize and appreciate their sacrifices and their service," McLaughlin notes. "We at the Honor Flight Network wish to thank Snap-on and commend them for making this commitment to their associates and franchisees."

For more information about Snap-on visit snapon.com. To learn more about The Honor Flight Network, visit honorflight.org.

About Snap-on Tools

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. 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 for customers in industries, including aviation and aerospace, agriculture, construction, government and military, mining, natural resources, power generation and technical education. Snap-on also derives income from various financing programs to facilitate the sales of its products. Products and services are sold through the company's franchisee, company-direct, distributor and internet channels. Founded in 1920, Snap-on is a $2.9 billion, S&P 500 company headquartered in Kenosha, Wisconsin.

For additional information, please visit www.snapon.com

Source: Snap-on Incorporated

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