Stanley Black & Decker, Inc.
Stanley Black & Decker, Inc. provides power, hand tools and mechanical access solutions such as automatic doors, commercial and residential locking systems, electronic security and monitoring systems. It also manufactures and markets industrial tools and security solutions. The company operates through three segments: Construction & Do-It-Yourself, Security and Industrial. The Construction & Do-It-Yourself segment comprises of the professional power tool and accessories business, the consumer power tool business, which includes outdoor products and the hand tools, fasteners & storage business. The professional power tool and accessories business sells professional grade corded and cordless electric power tools and equipment including drills, impact wrenches and drivers, grinders, saws, routers and sanders. The consumer power tool business sells corded and cordless power tools sold under the Black & Decker brand, lawn and garden products and home products. The hand tools, fasteners & storage business sells measuring and leveling tools, planes, hammers, demolition tools, knives, saws and chisels. The Security segment comprises of convergent security solutions and the mechanical access solutions businesses. The convergent security solutions business designs, supplies and installs electronic security systems and provides electronic security services, including alarm monitoring, video surveillance, fire alarm monitoring, systems integration and system maintenance. The mechanical access solutions business sells and installs automatic doors, residential and commercial hardware, locking mechanisms, electronic keyless entry systems, keying systems, tubular and mortise door locksets. The Industrial segment comprises of industrial and automotive repair tools, engineered fastening and infrastructure businesses. The industrial and automotive repair business sells hand tools, power tools, and engineered storage solution products. The engineered fastening business primarily sells engineered fasteners designed for specific applications. Stanley Black & Decker was founded by Frederick T. Stanley in 1843 and is headquartered in New Britain, CT.