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Craftsman is a line of tools, lawn and garden equipment, and work wear.Originally a house brand established by Sears, the brand is now owned by Stanley Black & Decker.. As with all Sears products, Craftsman tools were not manufactured by Sears during the company's ownership, but made under contract by various other companies.
Black & Decker divested itself of the radial arm saw manufacturing branch in 1989, selling it to two executives. In 1992, Black & Decker began a major effort to rebrand its professional quality and high-end power tools to DeWalt. In 1994, DeWalt took over the German woodworking power tool producer ELU, and used ELU's technology to expand their ...
1910 – "The Black & Decker Manufacturing Company" was founded by S. Duncan Black (1883–1951) and Alonzo G. Decker (1884–1956) as a small machine shop in Baltimore in September. Decker, who had only a seventh grade education, had met Black in 1906, when they were both 23-year-old workers at the Rowland Telegraph Company.
If that famous "Final Destination" logging truck scene already lurks in the back of your mind whenever you're driving on a highway, you may want to sit this one out.
The transaction was expected to close in early 2019. In addition, Stanley Black & Decker had the option to acquire the remaining 80% of MTD starting July 1, 2021, [4] which it did on August 17, 2021. Furthermore, with the acquisition of Craftsman by Stanley Black & Decker, the brand's products are now produced by MTD through this partnership.
Stanley Black & Decker, Inc., formerly known as The Stanley Works, is a Fortune 500 American manufacturer of industrial tools and household hardware, and a provider of security products. Headquartered in the Greater Hartford city of New Britain, Connecticut , [ 3 ] Stanley Black & Decker is the result of the merger of The Stanley Works and ...
AAPL Market Cap data by YCharts. Other noteworthy examples include selling out of oil and gas stocks during the downturn of 2020. In the last four years, the energy sector is up 129%.
Black & Decker had trouble keeping up with demand for the Workmate in the UK, but was still unconvinced of how well the Workmate would be accepted in the United States. As a test of demand, the UK-manufactured Workmate WM325 was introduced to the United States market in 1974 as the Model 79-001 Type E ("E" for England).