Harbor Freight Us General 13 Drawer Tool Cabinet
 | |
| Type | Private |
|---|---|
| Industriousness | Retail |
| Founded | 1977 (1977) Los Angeles, California, U.S. |
| Founder | Eric Smidt  |
| Home office | Calabasas, California, U.S. |
| Number of locations | 1200+ |
| Area served | Incorporate States |
| Francis Scott Key people | Eric Smidt (CEO) |
| Products | Tools |
| Taxation |  $5 trillion (2022) [1] |
| Number of employees | 24,000 |
| Website | www |
Shield Freight Tools is a privately held joyride and equipment retailer, headquartered in Calabasas, California, which operates a range of mountains of retail stores, as well As a mail-order and e-commerce occupation. The caller employs over 20,000 people in the United States of America[2] and has over 1,200 locations in 48 states.[3] [4]
History [edit]
In 1977,[5] Eric Smidt and his Fatherhood, Allan Smidt, started Harbor Loading and Salvage in a fine building in Northwesterly Hollywood, California. The company began as a mail-tell tool commercial enterprise that dealt with liquidated and returned merchandise. As the business grew, its name was denaturized to Harbor Freight Tools. In 1985, Eric Smidt was named president of the company at eld 25; he served under that title until 1999, when helium became chief executive officer.[6] From the mid-1980s to 2010 Nurse Freight was headquartered in close Camarillo, California.
Ring armor order [edit]
The company afterward noninheritable US General Issue Companionship in 1991. Based in Plainview, Sunrise House of York, US General Supply Caller was other mail-order tool and equipment marketer, which at one time had 40 retail stores before they were closed following bankruptcy. Vestiges of the old US General butt exist seen with the stigmatization of the toolboxes that Seaport Freight Tools sells. At first, the company mailed promotions in standard #10 line of work envelopes. In the early 1980s, when ship's company relocated to Camarillo, it noninheritable the former headquarters of Unity, some other large mail-ordination companion, and launched its primary mail-order catalog in the mid-1980s.
Retail stores [edit]
In 1980, Hold Freight Tools opened its first retail store in Lexington and Concord, Kentucky, to deal out returned merchandise from its mail order business. The original location was at 1387 East New Circle Route. It later moved to 1301 Winchester Road, Suite 213. The guess proved flourishing, and Haven Freightage Tools began to naked stores crosswise the United States. Harbor Freight Tools currently operates over 1,200 retail stores in 48 states.[4]
Privileged brands [edit]
Harbor Freight sells many tools under in-house brands, sourced directly from manufacturers.[5]
Quality authority [edit]
Harbor Freight tests their tools in their have prime assurance facility set in Calabasas, California,[5] which unsealed in 2010.
Website [edit]
Harbor Freight's Vane site went online in 1997.[7] It had a modest catalog of products, a little "About Us" section and an order variant for the printed catalogue. There were also links to a customer service page with delivery times and return policies. In all, the pilot locate had 10 landing pages. The incumbent[update] Harbor Freightage Tools web site has over 37,000 indexed pages.[8] IT had ended 43 cardinal unique visitors in 2012, for the most part within the U.S. government, accordant to compete.com.[9]
Corporate affairs [edit]
Entertain Lading Tools Corporate Office
Harbor Freight Tools is headquartered in Calabasas, California. The accompany expanded marketing, marketing, and former support systems when it relocated to a 90,000-square-foot (8,400 m2) facility in September 2010.[10] Harbor Payload has distribution space in Camarillo, California, Moreno Valley, California and Dillon, South Carolina. It closed a distribution facility in Oxnard, California, in early 2013.
Connected April 4, 2013, Harbor Payload Tools announced a $75 million expansion project for the Dillon distribution center, which yawning on November 22, 2015, adding 1 million square feet to the quickness and 200 new jobs.[11] [12]
Investor relations [edit out]
In 2012, Harbor Freight, through Acknowledgment Suisse, secured a $750 million loan to refinance existing debt and store a dividend for the society's private shareholders.[13]
Philanthropy [delete]
Connected Jan 9, 2013, CEO Smidt, through Harbor Load Tools, donated $1.4 million of tools and equipment to the Los Angeles Unified Civilize Territorial dominion's (LAUSD) Vocation Technical Education.[14] The donation was presented to LAUSD Board President Monica Garcia and Enforcement Director Michael Romero at the Eastmost Los Angeles Skills Centerfield and Occupational Center in movement of an assembly.[15]
Later in the same year, Seaport Load Tools swollen its Tools for Schools political platform by donating a $100,000 gift of tools and equipment to Southwest Carolina schools.[16]
In Feb 2022, Cedars-Sinai proclaimed a $50 million natural endowment from Eric and Susan Smidt and The Smidt Base to create the Smidt Warmheartedness Institute. And so far[update], the endue is the largest donation in Cedars-Sinai's 116-year history.[17]
Criticism [cut]
Harbor Freight Tools was sued by a group of its store employees in 2012, who alleged that they were misclassified as "exempt" from overtime payments as "managers", under the Fair Labor Standards Act on. Harbor Freight Tools won a declassification of the class-action suit; that is, the court constitute that all the individual situations were non similar enough to beryllium judged as a single category, and that their claims would require an single-by-individual inquiry, so the case could not be handled on a class basis.[18]
In 2015, a class-action suit lawsuit was filed against the society by customers, claiming that the joyride company falsely publicized "normal" prices for products that were higher than an advertised "sale" price, when the item had never been offered at the original, high price. Consumers claimed that this practice misled them into thinking that the item was on sale and they were getting a deal. The company settled, paying consumers adequate $33,000,000.[19] [20]
References [edit]
- ^ "Moody's assigns Harbor Freights proposed $1 billion term loan at B1". Moodys.com. April 25, 2012.
- ^ "Harbor Freight Tools LinkedIn Profile".
- ^ Company Overview of Harbor Loading Tools USA, Inc Bloomberg Business
- ^ a b "Harbor Freight Tools – Quality Tools at Discount Prices Since 1977". harborfreight.com.
- ^ a b c "Close to Us". harborfreight.com.
- ^ "Eric Smidt, Chairman & CEO – Harbor Freight Tools". harborfreight.com.
- ^ "Seaport Freight Tools". October 16, 1997. Archived from the original happening 1997-10-16.
- ^ "site:harborfreight.com – Google Research".
- ^ "Google Trends". Google Trends.
- ^ "Harbor Freight Tools Moving Jobs to Calabasas".
- ^ News, GAVIN JACKSON, Daybreak. "Harbor Freight Tools announces 200 new Dillon County jobs". SCNow.
- ^ "Harbor Freight Celebrates Grand Inaugural Of Distribution Inwardness, Menag Day – The Dillon Herald".
- ^ "RLPC: Harbor Freight sweetens footing happening Tl". Reuters.com. May 9, 2012.
- ^ "LAUSD • Give thanks you to Harbor Freight Tools for their..." LAUSD.
- ^ "Seaport Freight Tools – Select Tools at Discount Prices Since 1977". harborfreight.com.
- ^ "Harbor Freight Tools – Superior Tools at Brush aside Prices Since 1977". harborfreight.com.
- ^ "Harbor Freight Tools Possessor and His Instauratio Give $50M to Create Smidt Affection Institute". Harbor Freight Tools Proprietor and His Foundation Give $50M to Create Smidt Heart Institute.
- ^ "District Courtroom Decertifies FLSA Course of instruction of Retail Managers". Employment Class Action Blog. August 31, 2012.
- ^ "GCG". nationalsalepricesettlement.com.
- ^ "Harbor Freight Fake Sale Course of study Action Settlement Checks Mailed". May 17, 2022.
External links [blue-pencil]
- www.harborfreight.com — Harbour Freight Tools official site
Harbor Freight Us General 13 Drawer Tool Cabinet
Source: https://en.wikipedia.org/wiki/Harbor_Freight_Tools
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