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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 ...
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).
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.
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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.
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.
The product appearance was completely redesigned by Gantz's design patent, the first design patent ever filed by B&D, renamed the Dustbuster and introduced in January 1979 as a household product, not a power tool. Gantz was Manager of the Black & Decker the United States Consumer Power Tool Division's Industrial Design Department at the time.
James "Jim" M. Loree was the president and chief executive officer of Stanley Black & Decker (SWK), a position he held from August 1, 2016 to July 2022. [1] Stanley Black & Decker is a Fortune 500 company with $11 billion revenues and $28 billion market cap.
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