Stanley Black & Decker announced it will cut costs by $250 million in 2019 - lowering its profit outlook as tariffs are boosting costs of its product overseas.
The Irwin Tools National Tradesmen Day Road Show and Lenox Cut Above Nationwide Tour and will kick off in Upstate New York and are expected to log more than 35,000 miles and host 205 hands-on events at Lowe’s retail locations from Aug. 14 through Oct. 27.
Stanley Black & Decker and Sears Holdings Corp. have announced that they have entered into a definitive agreement under which Stanley Black & Decker will purchase the Craftsman brand from Sears Holdings.
Portable tools giant Stanley Black & Decker is buying the tooling business of Newell Brands, including Lenox and Irwin industrial cutting, hand and power tools, for $1.95 billion in cash. The transaction is expected to close in the first half of 2017.
Lowe's home improvement company named several top brands including MasterBrand Cabinets, Pergo, Stanley Black & Decker and Positec as 2015 Vendor Partners of the Year.
DeWalt won a $54 million verdict in a jury trial against China's Positec, which manufacturers power tools using the trademark black and yellow color scheme as DeWalt, a unit of Stanley Black & Decker.