Q2 growth driven by DEWALT, Outdoor Products and Engineered Fastening was offset by SBD’s divested Infrastructure segment earlier this year.
Stanley B&D Organic Sales, Margins Improve Despite “Weak Consumer Backdrop” Read More »
Epiroc AB is set to acquire Stanley Black & Decker’s attachment and handheld hydraulic tools business, Stanley Infrastructure.
Stanley B&D to Sell Attachment Tools Unit for $760M Read More »
Year-over-year sales declines continued at the toolmaker, but gross margin and operating margins improved substantially.
Stanley B&D 3Q Sales Fall 4%, But Gross Margin Jumps Read More »
Lower volumes and last year’s oil & gas divestiture weighted down on revenue growth, while the company continued to slash inventories.
Stanley B&D 2Q Sales Fall 5%, but Margin Improves Read More »
The industrial tools manufacturer also announced a new leader for its Tools & Outdoor segment.
Stanley B&D 1Q Sales Fall 12% on Lower Volume Read More »
Vogel has spent more than 30 years in the industry, most recently as Vice President of Industrial Sales for Stanley Black & Decker.
ISA Honors Craig Vogel with Lifetime Achievement Award Read More »
Changes also will include U.S. site expansions, site transformations into manufacturing centers of excellence and site consolidation.
Stanley Black & Decker Closing SC, TX Plants in Network Changes Read More »
A new report states a majority of economists now think a would-be recession is coming later than expected. It suggests a softer economic landing as distributors continue to report strong financials.
Top Distributors Point to Strong Demand as Forecasted Downturn Pushes Out Read More »
The toolmaker reported full-year 2022 revenues of $16.9 Billion, an 11% increase over the prior-year total.
Stanley Black & Decker Posts Flat 4Q Sales, Net Loss Read More »
Patrick Hallinan has been appointed to Executive Vice President & Chief Financial Officer, effective April 6.
Stanley Black & Decker Appoints New CFO Read More »
MDM looks at reports from Stanley Black & Decker, Avnet, Timken, Illinois Tool Works, MSA Safety Incorporated, Caterpillar and Saint-Gobain.
Earnings Roundup: Stanley Black & Decker, Avnet, Timken, ITW and more Read More »
Following a period that reenergized the pace of M&A activity, deals involving packaging companies and international entities kept a brisk pace.
July 2022 M&A Roundup: Momentum Carries into Year’s Second Half Read More »
It’s part of the toolmaker’s plan to save $1.5 billion in three-year cost savings while shifting resources and reprioritizing investments.
Stanley B&D Plans to Shed 30% of Plants in Cost Savings, Reports 2Q Results Read More »
The transaction was initially announced on Dec. 8, 2021, and Security generated approximately $1.6 billion in revenue that year.
Stanley Black & Decker Completes $3.2B Security Sale Read More »
Jaime Ramirez steps down as EVP and president in tools & storage, while Robert Raff leads tools as acting EVP and president.
Stanley Black & Decker Announces EVP Changes Read More »
Bolt-on acquisitions have been infrequent for the metalworking and MRO supplies distributor, which acquired Engman-Taylor in early June. Read more about the past month’s M&A activity.
June 2022 M&A Roundup: Rare Deal by MSC Industrial Makes Splash Read More »
The sale encompasses pipeline services and equipment businesses, which generated combined revenues of approximately $140 million in 2021.
Stanley Black & Decker Selling Oil & Gas Unit Read More »
In addition to the leadership announcement, the company plans to invest up to $250 million in supply chain productivity.
Stanley Black & Decker Names New CEO Read More »
By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.
Wholesale distribution news and trends delivered right to your inbox.
Sign-up for our free newsletter and get:
