The company reported a 7% organic decline primarily related to impacts from COVID-19.
Latest In Stanley Black & Decker
The North Texas plant will bring about 500 jobs to the area.
Manufacturer reports solid results for full year and fourth quarter 2018.
Manufacturer to acquire 20 percent stake in lawn tractor and outdoor power equipment maker MTD Products Inc.
Dr. Mike Maybury takes over the newly created role.
This will be the companys third facility in Texas.
Profit was up 10.2 percent for the third quarter.
Profit was up 2.2 percent for the second quarter.
Fourth quarter sales up 3 percent year-over-year.
Acquisition of the Stanley Black & Decker subsidiary expands TestEquity's test, measurement and MRO offerings.
Stanley Black & Decker purchase further shakes up compressed market.
Company to pay $900 million to develop, manufacture and sell brand outside Sears channels.
Company to divest division to Swiss-based dormakaba for $725 million.
Profit was up 8.9 percent for the third quarter
Company to pay $2 billion for tools division that includes Irwin and Lenox brands.
Company also reports sales up 2.3 percent in second quarter.
Profit increased 16.7 percent year-over-year to $189.4 million.
Fourth quarter sales fell 4.6 percent year-over-year.
Company divests Stanley Security Espaa S.L. and Stanley Security Italia S.r.l.
