2-14-054

Stanley Black & Decker, Inc. is a renowned American manufacturer of industrial tools, household hardware, and security products. Founded in 1843 by Frederick T. Stanley as a small bolt and door hardware manufacturing company in New Britain, Connecticut, the company has grown into a global leader with a vast portfolio of products and services. The merger of The Stanley Works with Black & Decker in 2010 further expanded the company's capabilities and market reach.

The company's operations are organized into three major segments: Tools & Storage, Industrial, and Security. The Tools & Storage segment is the largest, offering professional, industrial, and consumer products under various brands, including Stanley, DeWalt, Craftsman, Irwin, and Black & Decker. These brands are synonymous with quality, reliability, and innovation, providing a wide range of power tools, hand tools, and accessories used in various industries, from construction and woodworking to automotive repair and home improvement.

The Industrial segment of Stanley Black & Decker includes engineered fastening systems and products for manufacturing applications, as well as infrastructure solutions like hydraulic tools and services for the oil, gas, and industries. This segment leverages advanced technology and deep expertise to deliver high-performance solutions that meet the critical needs of its customers.

Stanley Black & Decker's Security segment offers electronic security and systems, including CCTV, intrusion detection, access control, and fire alarm systems. This segment serves a broad customer base, from small businesses to large enterprises and government agencies, providing tailored solutions that ensure safety and security.

Innovation is at the core of Stanley Black & Decker's strategy. The company invests heavily in research and development to drive innovation and maintain its competitive edge. It embraces cutting-edge technologies such as the Internet of Things (IoT), artificial intelligence (AI), and robotics to enhance product functionality and user experience. For instance, its DeWalt Tool Connect system utilizes IoT technology to allow users to manage their tools through a mobile app, enhancing productivity and efficiency.

Sustainability is another key focus area for Stanley Black & Decker. The company is committed to reducing its environmental footprint and promoting responsible manufacturing practices. It aims to achieve carbon neutrality by 2030 and continues to improve its operations and supply chain to minimize waste and energy consumption. Additionally, Stanley Black & Decker actively participates in community and social initiatives, supporting education, workforce development, and disaster relief efforts globally.

Stanley Black & Decker operates in more than 60 countries and has a workforce of approximately 60,000 employees worldwide. Its global presence and diverse product lines enable it to serve customers in various markets, adapting to local needs while maintaining high standards of quality and service. As it moves forward, Stanley Black & Decker remains dedicated to innovation, sustainability, and excellence, striving to be the trusted leader in its industries and making a positive impact on society.