- Top Distributor Lists
- Market Research
- Free E-Newsletter
Stanley Black & Decker (NYSE: SWK), New Britain, CT, has completed the acquisition of Powers Fasteners, Brewster, NY.
We Deliver Distribution News to Your Inbox
Sign up below to receive MDM Update, your free weekly distribution news update by email.
Powers will be integrated into the Construction & DIY segment of Stanley Black & Decker as a key brand. Powers will partner with existing Stanley Black & Decker brand DeWalt to provide "a comprehensive tool and anchoring package to the industry," said Jeff Powers, CEO of Powers Fasteners, in a video announcement on DeWalt's website.
Powers' headquarters will remain in Brewster, NY, and continue to operate as normal under existing management throughout the integration.