stanley black & decker inc (SWK) Key Developments
Stanley Black & Decker, Inc. to Expand Operations in Greenfield
Jun 5 15
Stanley Black & Decker, Inc. has announced plans to expand its operations in Greenfield, creating up to 136 new jobs by 2018. The New Britain, Connecticut-based company will invest $7.69 million to renovate and equip its 220,000 square-foot facility in Greenfield. With its growth, the company plans to begin producing DEWALT corded power tools in Indiana, including reciprocating saws, screw guns, hammer drills, one-half inch drills and small angle grinders. When fully operational, Stanley Black & Decker plans to produce 1.2 million power tools annually at its Greenfield facility. Stanley Black & Decker, which currently employs more than 50,000 associates, including more than 1,300 in Indiana, has already begun hiring for various manufacturing positions.
Stanley Black & Decker To Acquire Companies In India
Jun 2 15
Stanley Black & Decker, Inc. (NYSE:SWK) is keen on acquiring companies as its way forward for in India. James M. Loree, President and Chief Operating Officer said that the company is keen on acquiring companies in India with talks already in final stages. Stanley Black & Decker plans to grow three times in India in the next five years to become the number one power tools player.
Stanley Black & Decker Mulls Acquisitions
May 5 15
Stanley Black & Decker, Inc. (NYSE:SWK) intends to make acquisitions. Don Allan, Chief Financial Officer of the company said: “Well there is -- the business today is heavily weighted towards automotive production and electronics production. And then it has kind of the general industrial piece, which is serves a lot of different types of manufacturers. The areas of specialty where this application engineering approach is very effective is in electronics and automotive. So, one area that we have a very small presence is aerospace. So that would certainly be an opportunity that if the right acquisition came along that we could bolt-on that had similar kind of specialty application engineering approach to that industry could be a great opportunity. But there is also other opportunities to do acquisitions that are bolt-on that go into some general industry as well, that would be, you'd be able to apply that particular principle, our go-to-market approach.”
Stanley Black & Decker, Inc. - Analyst/Investor Day
May 4 15
To discuss the event will feature presentations on the company's performance and strategic objectives by members of the Corporate and Business Management teams
Stanley Black & Decker, Inc. Presents at Electrical Products Group 2015 Conference, May-18-2015 10:45 AM
May 4 15
Stanley Black & Decker, Inc. Presents at Electrical Products Group 2015 Conference, May-18-2015 10:45 AM. Venue: The Resort at Longboat Key Club, Longboat Key, Florida, United States. Speakers: John F. Lundgren, Chairman of the Board, Chief Executive Officer and Chairman of Executive Committee.