Stanley Works
Encyclopedia
Stanley Black & Decker formerly known as The Stanley Works, is a manufacturer of tools and hardware
and provider of security products and locks headquartered in New Britain, Connecticut
. Stanley Black & Decker is the result of the merger of Stanley Works and Black & Decker
on March 12, 2010.
in 1843, and the Stanley Rule and Level Company, founded by Frederick's cousin, Henry Stanley, in 1857.
In May 2002, the company considered moving its corporate headquarters to Bermuda
, but public and governmental outcry forced management to reconsider the move. By August 2002, the company had decided to maintain its incorporation in the United States
.
John F. Lundgren was elected as Chairman and Chief Executive Officer in 2004, replacing John Trani, a former protégé of Jack Welch
at General Electric
.
Hardware
Hardware is a general term for equipment such as keys, locks, hinges, latches, handles, wire, chains, plumbing supplies, tools, utensils, cutlery and machine parts. Household hardware is typically sold in hardware stores....
and provider of security products and locks headquartered in New Britain, Connecticut
New Britain, Connecticut
New Britain is a city in Hartford County, Connecticut, United States. It is located approximately 9 miles southwest of Hartford. According to 2006 Census Bureau estimates, the population of the city is 71,254....
. Stanley Black & Decker is the result of the merger of Stanley Works and Black & Decker
Black & Decker
Black & Decker Corporation is a corporation based in Towson, Maryland, United States, that designs and imports power tools and accessories, hardware and home improvement products, and technology based fastening systems...
on March 12, 2010.
History
The company was created by the 1920 merger of Stanley's Bolt Manufactory, founded by Frederick Trent StanleyFrederick Trent Stanley
Frederick Trent Stanley was an American industrialist.He founded Stanley's Bolt Manufactory of New Britain, Connecticut in 1843 to manufacture door bolts and other hardware from wrought iron...
in 1843, and the Stanley Rule and Level Company, founded by Frederick's cousin, Henry Stanley, in 1857.
In May 2002, the company considered moving its corporate headquarters to Bermuda
Bermuda
Bermuda is a British overseas territory in the North Atlantic Ocean. Located off the east coast of the United States, its nearest landmass is Cape Hatteras, North Carolina, about to the west-northwest. It is about south of Halifax, Nova Scotia, Canada, and northeast of Miami, Florida...
, but public and governmental outcry forced management to reconsider the move. By August 2002, the company had decided to maintain its incorporation in the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
.
John F. Lundgren was elected as Chairman and Chief Executive Officer in 2004, replacing John Trani, a former protégé of Jack Welch
Jack Welch
John Francis "Jack" Welch, Jr. is an American chemical engineer, business executive, and author. He was Chairman and CEO of General Electric between 1981 and 2001...
at General Electric
General Electric
General Electric Company , or GE, is an American multinational conglomerate corporation incorporated in Schenectady, New York and headquartered in Fairfield, Connecticut, United States...
.
Acquisitions
- 1937: Stanley Works entered the UK market with the acquisition of J.A Chapman of SheffieldSheffieldSheffield is a city and metropolitan borough of South Yorkshire, England. Its name derives from the River Sheaf, which runs through the city. Historically a part of the West Riding of Yorkshire, and with some of its southern suburbs annexed from Derbyshire, the city has grown from its largely...
. - 1980: Stanley Works acquired Mac ToolsMac ToolsMac Tools is a professional tool company located in Westerville, Ohio, USA. The Mac Tools line consists of over 8000 professional tools including screwdrivers, ratchets, wrenches, and assorted air tools. Mac Tools also makes its own tool boxes located in its manufacturing plant in Georgetown, Ohio...
. - 1984: Stanley Works purchased ProtoProto (tools)Stanley Proto—more commonly known simply as Proto and historically known as Plomb—is an American industrial hand tool company. It is a division of Stanley Black & Decker...
from Ingersoll RandIngersoll RandIngersoll-Rand plc is a $13 billion global diversified industrial company founded in 1871. The Ingersoll Rand name came into use in 1905 through the combination of Ingersoll-Sergeant Drill Company and Rand Drill Company...
and it becomes Stanley Proto. - 1986: Stanley Works acquired BostitchBostitchStanley Bostitch, previously and more commonly known as simply Bostitch, is an American company that specializes in the design and manufacture of fastening tools—such as staplers, staple guns, nailers, riveters, and glue guns—and fasteners—such as nails, screws, and staples. Its product range...
from TextronTextronTextron is a conglomerate that includes Bell Helicopter, E-Z-GO, Cessna Aircraft Company, and Greenlee, among others. It was founded by Royal Little in 1923 as the Special Yarns Company, and is headquartered at the Textron Tower in Providence, Rhode Island, United States.With total revenues of...
. - 1990: Stanley Works acquired Goldblatt and ZAG Industries.
- 1992: Stanley Works purchased the Chatsworth, California-based Monarch Mirror Door Co. Inc., a 1,000-employee manufacturer of sliding and folding mirror-doors, formerly owned by Oscar Kain, of Los Angeles (now deceased). Terms of the sale were not disclosed.
- 2000: Stanley Works acquired BlickBlickBlick is a German-language daily tabloid newspaper published in Zürich, Switzerland since 1959 by Ringier.It has a circulation of 275,000 and a readership of 750,000 . Only the free daily 20 Minuten has a higher circulation in Switzerland....
of Swindon, England, a leading UK integrator of security solutions, communication, and time management solutions to the commercial and industrial sectors, selling direct to end users, and CST Berger. - 2002: In October, Stanley Works acquired Best Access Systems of Indianapolis, IndianaIndianapolis, IndianaIndianapolis is the capital of the U.S. state of Indiana, and the county seat of Marion County, Indiana. As of the 2010 United States Census, the city's population is 839,489. It is by far Indiana's largest city and, as of the 2010 U.S...
for $310 million. The acquisition also prompted the creation of a new Access Controls Group for Stanley. Further additions to this new working group included Blick. - 2004: In January, Stanley announced plans to acquire Frisco Bay Industries Ltd., a Canadian provider of security integration services, for $45.3 million. In December, the acquisition of ISR Solutions, Inc., headquartered in Washington, DC was announced. ISR Solutions is an electronic security integrator providing the U.S. federal government and commercial customers with access security system services.
- 2005: In January, the acquisition of Security Group, Inc. was announced. Security Group was composed of two primary operating companies: Sargent & Greenleaf, Inc., a manufacturer of medium and high security locks and Safemasters, a North American provider of physical security installation, maintenance and repair services, with an emphasis on mechanical locking systems. An additional acquisition of Precision Hardware was made in 2005.
- 2006: Stanley furthered its corporate assets in the security market by acquiring HSM Electronic Protection Systems after it had been spun off from HoneywellHoneywellHoneywell International, Inc. is a major conglomerate company that produces a variety of consumer products, engineering services, and aerospace systems for a wide variety of customers, from private consumers to major corporations and governments....
in compliance with pre-emptive Securities and Exchange Commission antitrust rulings. In the meantime, the company obtained security contracts as the primary contractor to secure three NASANASAThe National Aeronautics and Space Administration is the agency of the United States government that is responsible for the nation's civilian space program and for aeronautics and aerospace research...
spaceflight centers. In 2006 also Stanley Works acquired Facom. - 2007: Late in the year, Stanley acquired OSI Security of Chula Vista, CaliforniaChula Vista, CaliforniaChula Vista is the second largest city in the San Diego metropolitan area, the seventh largest city in Southern California, the fourteenth largest city in the State of California, and the seventy seventh largest city in the U.S....
, a provider of battery operated wireless lock technology and supplies to government, education, and healthcare industries. - 2008: In June, Stanley announced the acquisition of Sonitrol, which provides high end security systems that use audio listening devices as the primary means of intrusion detection. Since the 1960s, they have accumulated over 100,000 commercial accounts in over 150 cities, and have an impressive record of helping police departments apprehend criminals. There is a combination of corporate owned locations and franchise locations. Stanley also acquired Xmark Corporation, which for over 25 years has provided Radio Frequency Identification (RFID) solutions to locate and protect people and medical equipment in healthcare environments. As of 2008, many of the Stanley Security Services divisions are being integrated under the unified HSM brand.
- 2009: On November 2, Stanley announced a merger with Black & DeckerBlack & DeckerBlack & Decker Corporation is a corporation based in Towson, Maryland, United States, that designs and imports power tools and accessories, hardware and home improvement products, and technology based fastening systems...
. The merger was completed on March 12, 2010. - 2010: In July, Stanley announced the acquisition of CRC-Evans Pipeline International for $445 million in cash. CRC-Evans provides total project support for pipeline construction contractors with automatic welding and other pipeline construction specific equipment and personnel.
- 2011: On September 9, The acquisition of NiscayahNiscayahNiscayah is a security-systems company based in Stockholm, Sweden, active in 17 countries and first listed at Nasdaq OMX Stockholm, mid cap, when it was distributed to the shareholders of Securitas AB in 2006, under the name of Securitas Systems. In 2008, the name was changed to Niscayah....
was complete.
Hardware
- Baldwin – Acquired in 2010.
- Emhart Teknologies – Fastening and assembly. Acquired in 2010.
- National Hardware – General hardware. Acquired in 2005.
- Precision Hardware – Panic and fire exit hardware.
- PfisterPfisterPfister can mean:* Pfister , a manufacturer of faucets and other accessories* Albrecht Pfister* Daniel Pfister* George Pfister* Hank Pfister* Manuel Pfister* Oskar Pfister* Otto Pfister* Otto Pfister...
– Faucets and other plumbing hardware. Acquired in 2010. - Stanley Hardware
- Vidmar – Industrial storage. Acquired in 1966.
Health care
- Senior Technologies
- Stanley Health Care Solutions
- InnerSpace – Health care supply storage.
Security
- Best Access SystemsBest Lock CorporationBest Lock Corporation is the former name of a publicly traded door hardware and lock manufacturer. Originally founded in 1925 as Best Universal Lock Company by Frank Ellison Best, the privately held company relocated from Seattle, Washington to Indianapolis, Indiana in 1938, where operations...
– Door hardware and locks. Acquired in 2002. - C.J. Rush Industries (Canada) – Revolving doors and entrance systems.
- EVS (Canada)
- Frisco Bay Industries Ltd. (Canada)
- Frisco-ATMS (Canada)
- Générale de Protection (France)
- HSM – Security services.
- Intivid Solutions – Video electronics.
- KwiksetKwiksetKwikset is a lock and lockset manufacturer owned by Black and Decker Hardware and Home Improvement Group , a Division of Black and Decker. Kwikset was founded in 1946 by Adolf Schoepe and Karl Rhinehart. The name was derived from the company's first locks, which pioneered the then-revolutionary...
– Door locks and door hardware. Acquired in 2010. - Safemasters
- Sargent and Greenleaf, Inc.
- Stanley Access Technologies
- Stanley Door Closers
- Stanley Security Solutions
- Stanley Correctional Services – Security systems for correctionalCorrectionsIn criminal justice, particularly in North America, correction, corrections, and correctional, are umbrella terms describing a variety of functions typically carried out by government agencies and involving the punishment, treatment, and supervision of persons who have been convicted of crimes....
industry. Formerly Integrator.
- Stanley Correctional Services – Security systems for correctional
- Weiser Lock – Door locks and door hardware. Acquired in 2010.
- Niscayah AB. Acquired in 2011
Black & Decker Subsidiaries absorbed as part of 2010 merger
-
- Delta MachineryDelta MachineryDelta Power Equipment Corp. designs, manufactures and distributes power woodworking tools under the Delta Machinery brand.-History:Delta traces its roots to the Delta Specialty Company founded by Herbert Tautz in 1919 in Milwaukee, Wisconsin...
– Power tools. B & D acquired in 2004/5. - DeVilbiss Air Power – Pneumatic tools. B & D acquired in 2004.
- DeWaltDeWALTDeWalt is a worldwide brand of power tools for the construction, manufacturing and woodworking industries. It is a subsidiary of Stanley Black & Decker.- History :...
– Power tools. B & D acquired in 1960. - Oldham Saw Company – Circular saw blade & wood router bit products. B & D acquired in 2004
- Porter-CablePorter-CablePorter-Cable is an American company that manufactures power tools. The company is known for introducing a number of noteworthy power tools, such as the first portable belt sander, helical-drive circular saw, and portable band saw. It is a subsidiary of Stanley Black & Decker.- History :Porter-Cable...
– Power tools. B & D acquired in 2004/5.
- Delta Machinery
- BostitchBostitchStanley Bostitch, previously and more commonly known as simply Bostitch, is an American company that specializes in the design and manufacture of fastening tools—such as staplers, staple guns, nailers, riveters, and glue guns—and fasteners—such as nails, screws, and staples. Its product range...
– Fastening tools. Acquired in 1986.
- Facom (France) – Professional tools. Acquired in 2006.
- Mac ToolsMac ToolsMac Tools is a professional tool company located in Westerville, Ohio, USA. The Mac Tools line consists of over 8000 professional tools including screwdrivers, ratchets, wrenches, and assorted air tools. Mac Tools also makes its own tool boxes located in its manufacturing plant in Georgetown, Ohio...
– Professional tools. Acquired in 1980. - Oldham Blades – Saw blades. Acquired in 2010.
- ProtoProto (tools)Stanley Proto—more commonly known simply as Proto and historically known as Plomb—is an American industrial hand tool company. It is a division of Stanley Black & Decker...
– Industrial hand tools. Acquired in 1984.- BlackhawkBlackhawk (tools)Blackhawk by Proto—casually and traditionally known simply as Blackhawk—is an American brand of hand tools. It is currently a sub-brand of the Proto division of the Stanley Black & Decker.- History :...
– Mechanic's tools. Acquired in 1986.
- Blackhawk
- SidchromeSidchromeSidchrome is an Australian brand of mechanics' tools. It is a subsidiary of Stanley Black & Decker.-History:The brand emerged when Royston Siddons' Siddons Drop Forgings Pty Ltd turned to tool making to fill post-war shortages after World War II...
(Australia/New Zealand) – Mechanic's tools. Acquired in 1990. - Stanley Assembly Technologies
- Stanley Hand ToolsStanley Hand ToolsStanley Hand Tools is a brand of hand tools. It is a division of Stanley Black & Decker, following the 2010 merger of The Stanley Works with Black & Decker.- History :...
– Carpentry and construction hand tools.- CraftsmanCraftsman (tools)Craftsman is a line of tools and lawn and garden equipment controlled by Sears Holdings Corporation; the brand is owned by KCD IP, LLC, a special purpose entity created by Sears Holdings for securitization purposes....
– Private-label hand tools for Sears, up until the mid-1980s. - HuskyHusky (tools)Husky is a line of hand tools, pneumatic tools, and tool storage products. It is the house brand of The Home Depot, where it is exclusively sold. Its hand tools are manufactured for Home Depot by the Stanley Works...
– Private-label hand tools for The Home DepotThe Home DepotThe Home Depot is an American retailer of home improvement and construction products and services.The Home Depot operates 2,248 big-box format stores across the United States , Canada , Mexico and China, with a 12-store chain...
. Acquired in 1986, later transferred to Home Depot. - KobaltKobalt (tools)Kobalt is a line of tools operated by the American home improvement chain Lowe's as their house brand.Lowe's and manufacturing partner J.H. Williams launched Kobalt in 1998, with the intention of competing against rival retailers Sears and The Home Depot and their respective Craftsman and Husky...
– Private-label hand tools for Lowes. Later made by Danaher CorporationDanaher CorporationThe Danaher Corporation , is a large global company headquartered in Washington, D.C., United States. Its products are concentrated in the fields of design, manufacture, and marketing of industrial and consumer products....
- Craftsman
- Stanley Hydraulic Tools
- Stanley Supply & Services – MROMaintenance, repair, and operationsMaintenance, repair, and operations or maintenance, repair, and overhaul involves fixing any sort of mechanical or electrical device should it become out of order or broken...
products and services. Formerly Contact East and Jensen Tools – renamed in 2006. - Vector Products – Battery chargers, power inverters, and similar power products. Acquired in 2007.
- Virax (France) – Plumbing tools. Acquired in 2006.