Stanley Black & Decker, founded in 1843 by Frederick Trent Stanley as Stanley's Bolt Manufactory, is a Fortune 500 American manufacturer headquartered in New Britain, Connecticut. The company, formed through the merger of The Stanley Works and Black & Decker on March 12, 2010, focuses on industrial tools, household hardware, and security products. Its mission is to provide innovative solutions that empower people to build and protect their world. The company serves a global market with well-known brands like DEWALT, Craftsman, and Black & Decker.
Notable figures associated with Stanley Black & Decker include Andrea J. Ayers, the Chairman. The company is publicly traded on the NYSE under the ticker SWK and is a component of the S&P 500. Key achievements include pioneering advancements in power tools and batteries, such as the DEWALT XR POWERPACK™. Stanley Black & Decker has made a significant impact by addressing the global skilled trades shortage through initiatives like their $30M Challenge, demonstrating their commitment to innovation and societal contribution.