Stanley Black & Decker is a global diversified industrial company that provides a wide range of tools, industrial equipment, and security solutions. The company has a long history dating back to 1843 when Frederick T. Stanley founded the Stanley Works in New Britain, Connecticut, USA. In 2010, the Stanley Works merged with the Black & Decker Corporation, forming the current entity, Stanley Black & Decker. They are listed on the New York Stock Exchange (NYSE) under the ticker symbol "SWK." It is also a component of the S&P 500 index, reflecting its significant presence and importance in the market.
Stanley Black & Decker's business is divided into three main segments: Tools & Storage, Industrial, and Security. Under the Tools & Storage segment, the company manufactures and markets power tools, hand tools, and storage products for professional, industrial, and consumer use. Some of its well-known brands include Stanley, Black & Decker, DeWalt, Craftsman, and Lenox.
The Industrial segment offers engineered fastening systems and solutions, infrastructure solutions, and oil and gas equipment. They serve a wide range of industries, including automotive, construction, aerospace, and energy.
The Security segment focuses on providing electronic security solutions, such as access control systems, video surveillance, and fire detection systems. They cater to commercial, government, and residential customers.
Throughout its history, Stanley Black & Decker has been known for its commitment to innovation. The company invests heavily in research and development to bring new and improved products to the market. It has a strong portfolio of patents and intellectual property that underpins its leadership in the industry.
As a global company, Stanley Black & Decker operates in more than 60 countries and serves customers in over 180 countries. It has a vast distribution network and sales presence, allowing it to reach customers across the globe. The company's products are trusted by professionals and consumers alike for their quality, performance, and durability.