No! Craftsman is not made by Snap-on. Craftsman was established by Sears Holdings about 94 years ago on 20th May 1927. Sears didn’t actually manufacture the craftsman tools; rather, they were made by other different companies under contract with Sears. In 2017, Decker and Stanley Black acquired and took over the Craftsman brand from the former owners, Sears, which held a limited license on the Craftsman products.