Stanley Black & Decker, Inc. provides hand tools, power tools and related accessories, mechanical access solutions (automatic doors and commercial locking systems), electronic security and monitoring systems, healthcare solutions, engineered fastening systems and products and services for various industrial applications worldwide. Segments The company has three business segments: Tools & Storage, Security and Industrial. Tools & Storage This segment includes the Power Tools and Hand Tools & Storage businesses. This segment sells its products to professional end users, distributors, retail consumers and industrial customers in various industries and geographies. The majority of sales are distributed through retailers, including home centers, mass merchants, hardware stores, and retail lumber yards, as well as third-party distributors and a direct sales force. The Power Tools business includes professional products, consumer products, and power tool accessories. Professional products include professional grade corded and cordless electric power tools and equipment, including drills, impact wrenches and drivers, grinders, saws, routers and sanders, as well as pneumatic tools and fasteners, including nail guns, nails, staplers and staples, concrete and masonry anchors. Consumer products include corded and cordless electric power tools sold primarily under the BLACK+DECKER brand; lawn and garden products, including hedge trimmers, string trimmers, lawn mowers, edgers and related accessories; and home products, such as hand-held vacuums, paint tools and cleaning appliances. Power tool accessories include drill bits, router bits, abrasives, and saw blades. The Hand Tools & Storage business sells measuring, leveling and layout tools, planes, hammers, demolition tools, knives, saws, chisels and industrial and automotive tools. Storage products include tool boxes, sawhorses, medical cabinets and engineered storage solution products. Security This segment includes the Convergent Security Solutions (CSS) and Mechanical Access Solutions (MAS) businesses. The CSS business designs, supplies and installs electronic security systems; and provides electronic security services, including alarm monitoring, video surveillance, fire alarm monitoring, systems integration and system maintenance. Purchasers of these systems typically contract for ongoing security systems monitoring and maintenance at the time of initial equipment installation. The business also sells healthcare solutions, which include asset tracking solutions, infant protection, pediatric protection, patient protection, wander management, fall management, and emergency call products. The CSS business sells to consumers, retailers, educational, financial and healthcare institutions, as well as commercial, governmental and industrial customers. Products are sold predominantly on a direct sales basis. The MAS business sells and installs automatic doors, commercial hardware, locking mechanisms, electronic keyless entry systems, keying systems, tubular and mortise door locksets. MAS sells to commercial customers primarily through independent distribution channels. Industrial This segment includes the Engineered Fastening and Infrastructure businesses. The Engineered Fastening business primarily sells engineered fastening products and systems designed for specific applications. The product lines include stud welding systems, blind rivets and tools, blind inserts and tools, drawn arc weld studs, engineered plastic and mechanical fasteners, self-piercing riveting systems and precision nut running systems, micro fasteners, and high-strength structural fasteners. The business sells to customers in the automotive, manufacturing, electronics, and aerospace industries, amongst others, and its products are distributed through direct sales forces and, to a lesser extent, third-party distributors. The Infrastructure business consists of the Oil & Gas and Hydraulics businesses. The Oil & Gas business sells and rents custom pipe handling, joint welding and coating equipment used in the construction of large and small diameter pipelines, and provides pipeline inspection services. The Hydraulics business sells hydraulic tools and accessories. The Infrastructure businesses sell to the oil and natural gas pipeline industry and other industrial customers. The products and services are primarily distributed through a direct sales force, and to a lesser extent, third-party distributors. Customers A major portion of the company’s Tools & Storage products are sold to home centers and mass merchants in the U.S. and Europe. Strategy The company is continuing to pursue a growth and acquisition strategy that involves industry, geographic and customer diversification to foster sustainable revenue. Patents and Trademarks The company has various trademarks that are used in its businesses worldwide. In the Tools & Storage segment, major trademarks include STANLEY, BLACK+DECKER, DEWALT, Porter-Cable, BOSTITCH, FatMax, Powers, Guaranteed Tough, Innerspace, MAC, MAC Tools, Proto, Vidmar, Facom, USAG, Lista, and the yellow & black color scheme for power tools and accessories. Major trademarks in the Industrial segment include STANLEY, CRC, LaBounty, Dubuis, AeroScout, Cribmaster, Expert, SIDCHROME, POP, Warren, GRIPCO, Avdel, HeliCoil, MasterFix, Tucker, NPR, Dodge, and Spiralock. The Security segment includes major trademarks, such as STANLEY, BEST, Blick, HSM, Sargent & Greenleaf, S&G, SONITROL, Niscayah, Stanley Access Technologies, AeroScout, Hugs, WanderGuard, Roam Alert, MyCall, Arial and Bed-Check. The terms of these trademarks typically vary from 10 to 20 years. Research and Development The company’s research and development costs were $188.0 million for the year ended January 2, 2016. History The company was founded in 1843 by Fredrick T. Stanley. It was incorporated in Connecticut in 1852. The company was formerly known as The Stanley Works and changed its name to Stanley Black & Decker, Inc. in 2010.
stanley black & decker inc (SWF:Berlin)
1000 Stanley Drive
New Britain, CT 06053
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