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Keyword: craftsmantools

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  • Here’s Why Stanley Black & Decker Is Building a New U.S. Plant.(Bringing Craftsman tools back)

    01/05/2017 12:41:40 PM PST · by 2ndDivisionVet · 36 replies
    Fortune ^ | January 5, 2017 | Phil Wahba
    Stanley Black & Decker is opening a new $35 million manufacturing plant in the United States to help it rebuild, and perhaps more importantly "re-Americanize," the Craftsman tool brand it just bought from Sears Holdings. While the extra capacity should help get a once-iconic $2 billion a year line back on its feet, the move also potentially offers Stanley Black & Decker another benefit: shielding it from a potential surge in economic nationalism under President-elect Donald Trump. Though Stanley Black & Decker chief executive James Loree did not mention Trump by name in his comments to Wall Street analysts and...