MDM Premium
Need Help? (888) 742-5060

In The News:

More From Mdm

April Construction Spending Up 0.3% over March

Stanley Black & Decker Acquires Powers Fasteners

Stanley Black & Decker (NYSE: SWK), New Britain, CT, has completed the acquisition of Powers Fasteners, Brewster, NY.

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.

© 2017 Gale Media, Inc.

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

Partner Center