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ACTRON - 40 YEARS OF LEADERSHIP IN AUTOMOTIVE DIAGNOSTIC TECHNOLOGY |
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CLEVELAND, OH, June, 2004 - After 40 years, Actron is still focused on its strong commitment to its core mission: To provide superior automotive diagnostic equipment solutions to its customers. To make products that are easier to use and at a better price for end-users. That credo has governed Actron since its founding in 1964.
Technological advances have been at the heart of Actron since its beginnings. Thomas F. Slater, the company's chairman and chief executive officer, is a veteran of more than a quarter century in the automotive aftermarket business. Slater has led the way as Actron has built itself into one of the nation's largest suppliers of automotive test equipment and instruments.
Since the 1980's, Actron has used acquisitions to advance its market position with significant additions: In 1986, Actron acquired the KAL Equip Company, a maker of professional automotive diagnostic equipment. And in 1988, Actron licensed the rights to the Sunpro tachometer and gauge business from Sun Electric/Snap-On.
Meanwhile the company was years ahead of all other industry players with the implementation of its "right-sourcing" manufacturing strategy and the establishment of a factory in Yantai, China, in 1989.
Throughout its history, Actron has continued to lead the industry with important product introductions. In the early 1970's, Actron was the first company to pioneer HEI testing equipment, an important step in the DIY market. In 1991 Actron introduced the first retail market code reader. In 1996 they introduced the first consumer scan tool, followed in 1998 by the first consumer OBD II code reader. Actron's OBD II AutoScanner code reader was introduced in 2002. The company launched Faze branded tachs and gauges in 2002. Most recently, Actron launched the SUPER AutoScanner scan tool. And Actron's OBD II AutoScanner CP9135 is now the most purchased code reader in the market, with over 1 million units sold, the OBD II AutoScanner is the most requested scanner.
The company is now structured into four divisions - Actron with its diagnostic product line for do-it-yourselfers; Sunpro, which makes performance gauges and tachometers for the traditional performance enthusiast; KAL Equip which produces automotive diagnostic instruments targeted at professional technicians; and Faze, high performance tachometers and gauges for the sports import tuner market. The Actron, Faze and Sunpro lines are sold through automotive aftermarket retailers such as AutoZone, Advance Auto Parts, Pep Boys and Sears. Kal Equip markets its products to mobile distributors such as Mac Tools and Matco Tools and large wholesale distributors including NAPA and CARQUEST. |
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