Content about Stanley Black

July 18, 2012

Stanley Black & Decker posted second-quarter net sales of $2.8 billion, up 8% from $2.6 billion in the prior-year quarter. The company attributed this to price (+1%), volume (+1%) and acquisitions (+10%), which were partially offset by currency (-4%).

Net earnings for the quarter totaled $154.8 million, down 22% from $197.6 in the second quarter of 2011.           

June 13, 2012

Stanley Black & Decker, the tools giant that made a splash with a blockbuster merger two years ago, is now attempting to sell a unit of its tool empire, according to an article in the Wall Street Journal.

The unit on the block includes Baldwin, Price Pfister and Kwikset brands, making builders hardware, door locks, bath fixtures and other home products. 

June 8, 2012

Among the new products on display during a product demonstration event held in New York City this week by Stanley Black & Decker: a new line of stud finders with user-friendly features.

Stanley announced the introduction of four new stud sensors -- models STHT77403, STHT77404, STHT77406, FMHT77407 -- during the event.

June 1, 2012

Something is wrong on Wall Street.

The whole financial community is aflutter over Facebook shares, which stumbled out of the blocks as a publicly traded company last month.

But that’s not the problem. The problem is that the company’s market capitalization is completely out of whack with acceptable notions of corporate significance and meaningful contributions to society. The value of Facebook shares multiplied by the number of those shares is — at last tally — an amazing $87.33 billion.

April 19, 2012

Sales were up but net earnings were down for Stanley Black & Decker, the maker of construction and DIY tools, security and industrial products.

New Britain, Conn.-based Stanley Black & Decker first quarter sales increased to $2.65 billion, up 12% from $2.36 billion in the same quarter last year.

The company said the sales growth was attributable to volume (+2%), price (+1%), currency (-1%) and acquisitions (+10%). Last year, Stanley announced it would acquire Niscayah Group AB, a Swedish commercial security company.

March 13, 2012

Manufacturers responding to an article about Made in the USA products point to a variety of benefits of domestic manufacturing in today’s economy, including psychology and quality control.

January 31, 2012

Stanley Black & Decker's fourth quarter and full year benefited from sales volume and the impact of acquisitions.

Fourth-quarter sales for one of the nation's iconic tool brands increased 17% to $2.8 billion, with the company's construction and DIY business (CDIY) showing organic growth of 8%.

The company's fourth-quarter gains were attributable to volume (up 5%), price (up 1%) and the impact of acquisitions (11%).

October 31, 2011

The national average for a gallon of regular gasoline is holding steady at $3.45. Stanley Black & Decker and Newell Rubbermaid showed big monthly gains on the Home Channel Stock Roundup.

October 26, 2011

Stanley Black & Decker has made a $350,000 tool donation to the Joplin, Mo., rebuilding efforts. The tools, which are being used on the “Extreme Makeover: Home Edition” Joplin project, include Stanley, Bostitch, DeWalt, Porter-Cable and more. Following this project, the Home Builders Association of Southwest Missouri will gather, inventory and distribute the tools to the building trades classes at Franklin Technology Center and other area technical schools that lost their tools in the May 22 storm.

October 19, 2011

Stanley Black & Decker, the New Britain, Conn.-based manufacturer of tools, security hardware and other products for the home, reported revenues of $2.6 billion for the third quarter of 2011, an 11% rise from sales of $2.3 billion in the same quarter a year ago. The company attributed the gains to 4% organic growth, 3% from currency and 4% from acquisitions.

Net earnings reported for the quarter were $155 million, compared with $123 million in the third quarter of 2010.

October 5, 2011

New York City -- Kyle Dancho, Stanley Black & Decker's president of Hand Tools and Fastening, described product successes and economic challenges during a media briefing here at the Westin Hotel in Manhattan.

Despite the economic doldrums that has decimated the ranks of construction workers -- a key target for the company's products -- Dancho said Stanley is growing. Innovation drives success in hand tools, particularly, he added. 

August 10, 2011

New Britain, Conn.-based Stanley Black & Decker's wholly owned Swedish subsidiary has acquired in total 72,005,890 class B shares of global security firm Niscayah Group.

The shares represent approximately 19.8% of the outstanding shares and approximately 13.9% of the total number of votes in Niscayah.

The acquisition of these shares was made through purchases outside of the company’s pending tender offer to acquire all the outstanding shares and warrants of Niscayah. 

June 27, 2011

Stanley Black & Decker has agreed to buy Niscayah, a European electronic security and monitoring company for $1.2 billion, including assumed debt. Stanley will pay $18.00 per share in cash (in Swedish currency) for the Stockholm-based company, 24% more than an all-stock offer by another firm, Securitas AB, and a 15% premium to Niscayah's stock price at close on June 23, 2011. 

April 27, 2011

New Britain, Conn.-based Stanley Black & Decker posted first quarter sales of $2.381 billion, up 89% from the year ago period -- thanks largely to the incremental sales achieved through Black & Decker.

The company, which marked its one -year anniversary of the Stanley and Black & Decker merger last month -- the companies merged March 12, 2010 -- said 71% of the sales increase was from Black & Decker, other acquisitions made up 9%, unit volume resulted in 7% growth, and currency rates added 2%. 

April 5, 2011

Stanley Black & Decker found itself making news in the sports section on Tuesday, when the New York Times ran a feature on a rolling storage unit used by the New York Mets.

March 16, 2011

It's the largest pledge to date for ToolBank USA, the non-profit organization that provides tools -- from hand tools to hoses -- to volunteer organizations working to improve their communities.

Stanley will pay ToolBank USA $1 million over the next five years.

"This donation is about helping a strong, smart organization to bring its phenomenal work to even more communities across the country," said Tim Perra, global communications director, Stanley Black & Decker. 

February 7, 2011

Delta Power Equipment Corp. announced today that its deal to purchase the DELTA brand of woodworking equipment and machinery from Stanley Black & Decker closed Feb. 4, as expected. 

Delta also announced Alicia Hicks has been named marketing manager for the organization. Additional recruiting is under way.

December 16, 2010

New Britain, Conn.-based Stanley Black & Decker announced it has entered into a deal to acquire Hatboro, Pa.-based Infologix, a provider of enterprise mobility solutions for the healthcare and commercial industries.

According to Stanley, the total transaction value is approximately $61.2 million, including the assumption of debt, of which approximately $22.1 million is currently outstanding and a portion of which is convertible into shares of common stock of InfoLogix.  

October 31, 2010

New Britain, Conn.-based tool giant Stanley Black & Decker says its corporate integration is moving...

October 19, 2010

The New Britain, Conn.-based tool giant says its corporate integration is moving ahead faster than...

October 3, 2010

Stanley Black & Decker will be moving two of its Indiana manufacturing operations to Greenfield, Ind....

June 22, 2010

New York City -- Product managers at Stanley Black & Decker played an elaborate game of show and tell Thursday in a Manhattan conference room.

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