In 1977, Eric Smidt and his father, Allan Smidt, started Harbor Freight and Salvage in a small building in North Hollywood, California. The company began as a mail-order tool business that dealt with liquidated and returned merchandise. As the business grew, its name was changed to Harbor Freight Tools.
Who owns Harbor Freight?
Eric Smidt, Owner and Founder. Eric Smidt is the owner and CEO of Harbor Freight Tools which he co-founded with his father, Allan Smidt, in 1977. Under Eric’s leadership, Harbor Freight Tools has become the leading discount tool retailer in the United States with over 1,200 stores and 23,000 associates nationwide.
Why is Harbor Freight so cheap?
Harbor Freight is able to sell quality tools at prices that are almost always cheaper than the competition because of its business model which began over 40 years ago. Find coupons for Harbor Freight Tools at our official Harbor Freight Coupons website.
What is Harbor Freight known for?
Headquartered in Calabasas, California, Harbor Freight operates a chain of retail stores, as well as a mail-order and e-commerce business. Harbor Freight is known for our ridiculously low prices on quality tools, all of which meet or beat the quality of the brand name competitors.
Where do Harbor Freight Tools come from?
Harbor Freight buys tools direct from the manufacturer, so that means you save because they cut out the middle man. Often times Harbor Freight’s tools come from the exact factory that other brands buy their tools from – which means quality is just as good as the competition.
Is Snap On owned by Harbor Freight?
Harbor Freight is a privately-owned company. Unless anyone can come form with concrete information, it’s safe to say that NO, Harbor Freight does NOT own Snap-on Tools.
Is Harbor Freight American owned?
Los Angeles, California, U.S. Calabasas, California, U.S. Harbor Freight Tools is a privately held tool and equipment retailer, headquartered in Calabasas, California, which operates a chain of retail stores, as well as a mail-order and e-commerce business.
Who makes Pittsburgh tools?
Pittsburgh tools are made & sold exclusively at Harbor Freight Tools. Our Pittsburgh hand tools and automotive tools are sold across the United States at all 1,100+ Harbor Freight locations and online at harborfreight.com.
Is Harbor Freight stuff any good?
It’s hard to generalize with Harbor Freight because some of their tools are a good value for the money, or even an excellent value for their money. Others are a poor value. Harbor Freight has a reputation and has started offering better quality in recent years, but many of their cheap tools also remain on the shelves.
Is Harbor Freight low quality?
Bottom line is Harbor Freight tells you how it is. No fancy marketing smoke and mirror scheme. Yes, the tools are cheap and the quality is cheap, but the value to the consumer is unmatched. A $39 Harbor Freight drill is not going to compare to a high end $200+ modern brushless drill.
Is Harbor Freight family owned?
At Harbor Freight, we’re about much more than just tools. Our journey began in 1977, when Eric Smidt and his father launched Harbor Freight Tools. 40+ years, 1200+ stores, and over 40 million satisfied customers later, not only are we still family owned, but we’ve stayed true to our mission.
Does harbor freight ship?
SHIPPING RATES. Harbor Freight Tools uses United States Postal Service, FedEx SmartPost, FedEx Ground, FedEx Air or truck freight lines to ship your orders. You will receive a shipping confirmation email confirming the carrier and the estimated delivery date.
What is the stock symbol for Harbor Freight?
HRBR – Harbor Diversified, Inc.
Are Craftsman tools made in China?
Beginning in 2010, many of Craftsman’s hand tools (manufactured by Apex Tool Group) began to be assembled in China in Taiwan. Craftsman uses another manufacturer called Western Forge to make tools like screwdrivers, adjustable wrenches, pliers, and bigger mechanic tool sets – these products are still made in the U.S.