Stanley Black & Decker

"Stanley Works" redirects here. For the factory started by American inventor William Stanley, see William Stanley (inventor).
Stanley Black & Decker, Inc.
Traded as NYSE: SWK
S&P 500 Component
Industry Hardware
Founded 1843[1]
Founder Frederick Trent Stanley
S. Duncan Black
Alonzo G. Decker
Headquarters New Britain, Connecticut, United States
Key people
James M. Loree (President and Chief Executive Officer)
Products Tools, hardware, security, medical equipment
Revenue US $10.190 billion (2012)[2]
US $8 mil (2012) [2]
Number of employees
45,327 [3]

Stanley Black & Decker, Inc., formerly known as The Stanley Works, is a Fortune 500 American manufacturer of industrial tools and household hardware and provider of security products and locks headquartered in New Britain, Connecticut. Stanley Black & Decker is the result of the merger of Stanley Works and Black & Decker on March 12, 2010.[4]


The company came to existence as a direct result of the 1920 merger of Stanley's Bolt Manufactory, founded by Frederick Trent Stanley in 1843, and the Stanley Rule and Level Company,[5] founded by Frederick's cousin, Henry Stanley, in 1857.

During World War II, Stanley Works received the Army-Navy "E" Award for excellence in war production.[6]

WWII Army-Navy Production Award to Stanley Works, presentation program, January 20, 1943

In May 2002, the company considered moving its corporate headquarters to Bermuda, but public and governmental outcry forced management to reconsider the move. By August 2002, the company had decided to maintain its incorporation in the United States.

John F. Lundgren was elected as Chairman and Chief Executive Officer in 2004, replacing John Trani, a former protégé of Jack Welch at General Electric.

The Hardware & Home Improvement Group, including the Kwikset, Weiser, Baldwin, National Hardware, Stanley, FANAL, Pfister and EZSET brands, was acquired by Spectrum Brands Holdings, Inc. on December 17, 2012.[7]


Business segments and brands


Construction and do-it-yourself (CDIY)

Power tools

Hand tools and storage

Fastening and accessories


Industrial and automotive repair (IAR)

Engineered fastening



Convergent security solutions (CSS)

This focuses on electronic security systems and related services. A reorganization of Stanley Security Solutions, Stanley Correctional Systems and Healthcare Solutions resulted in a unified non-hardware business unit.

Mechanical access solutions (MAS)

These are physical access systems and associated hardware, including automatic doors, electronic keyless entry systems, locking mechanisms and related keying systems.

Divested businesses

Hardware and home improvement (HHI)

These were sold to Spectrum Brands in 2012.

Air compressors and pressure washers

This was sold to MAT Holdings in 2011.[32]



  1. "Company History". Stanley Works. Retrieved January 9, 2008.
  2. 1 2 "SWK - Finance". MSN. Retrieved March 25, 2012.
  3. "SWK Company - Finance". MSN. Retrieved March 25, 2012.
  4. "Stanley and Black & Decker Complete Merger" (Press release). Stanley Black & Decker. March 12, 2010. Retrieved March 19, 2010.
  5. "Patrick's Blood and Gore". Leach, Leach. Enormously detailed model history of planes manufactured by Stanley.
  6. "File:Army-Navy Production Award to Stanley Works, presentation program, January 20, 1943 - New Britain Industrial Museum - DSC09905.JPG". Wikimedia Commons. Retrieved January 21, 2014.
  7. , December 17 2012, Businesswire
  8. 1 2 3 4 5 6 "Stanley". n.d. Archived from the original on July 28, 2011. Retrieved August 18, 2012.
  9. Wiktor Kuc. "North Bros. Manufacturing Company - Historical Overview". Retrieved August 18, 2013.
  10. "Stanley Australia Tools". Hand Tool Preservation Association of Australia. Retrieved February 15, 2015.
  11. "About Stanley Vidmar". Stanley Vidmar. Retrieved October 18, 2016.
  12. "Turner Tools". Hand Tool Preservation Association of Australia. Retrieved February 14, 2015.
  13. 1 2 3 4 5 6 "Overview Stanley Black & Decker". Retrieved May 15, 2015.
  14. "Proto Tools 100th Anniversary Timeline". Stanley Proto. Retrieved August 21, 2008.
  15. "Stanley Bostitch – Our History". Stanley Bostitch. Retrieved August 21, 2008.
  16. The Stanley Works, Annual Report, 2006.
  17. Langlois, Shawn (November 2, 2009). "Stanley Works Buying Black & Decker in $4.5 Billion Deal". MarketWatch. Retrieved August 18, 2012.
  18. Sentementes, Gus G. (March 12, 2010). "Black & Decker, Stanley Works Shareholders Approve Deal  New Firm, To Be Called Stanley Black & Decker, Will Begin Operations on Monday. The Baltimore Sun. Retrieved August 18, 2012.
  19. . CRC-Evans.
  20. "Lista Announces Merger with Stanley Black and Decker" (Press release). Lista. Retrieved October 18, 2016.
  21. Stanley/Black & Decker Buys Powers Fasteners,
  22. Stanley Black & Decker buys AeroScout, Shmulik Shelach, June 6, 2012, Globes
  23. "Stanley Black & Decker Annual Report". 2013. Retrieved May 1, 2014.
  24. "Stanley Black & Decker Products & Services". Retrieved May 1, 2014.
  25. "Stanley Black & Decker: Our Brands". Retrieved May 1, 2014.
  26. 1 2 3 Black and Decker shuttering N.C. plant April 13, 2005
  27. "Delta/Porter Cable website. ->About Us/History -> Section Titled: "A New Era"". Retrieved December 31, 2010.
  28. "La storia - Pastorino Expert". Retrieved October 6, 2016.
  29. "About Us". Britool Expert. Retrieved October 18, 2016.
  30. "Stanley Engineered Fastening". Retrieved May 1, 2014.
  31. "Stanley Healthcare Solutions". Retrieved May 1, 2014.
  32. "Stanley Black & Decker, Inc., Jackson Assets: Private Company Information". Bloomberg BusinessWeek. March 31, 2011. Retrieved October 18, 2016.

Further reading

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