Black & Decker Corporation was a corporation based in Towson, Maryland, United States, that designed and imported power tools and accessories, hardware and home improvement products, and technology based fastening systems. On March 12, 2010, Black & Decker merged with Stanley Works to become Stanley Black & Decker.
Stanley Black & Decker, Inc. operates in three segments: Construction & Do-It-Yourself (CDIY), Security, and Industrial. The CDIY segment manufactures hand tools, corded and cordless electric power tools and equipment, lawn and garden products, consumer portable power products, home products, accessories and attachments for power tools, consumer mechanics tools, storage systems, and pneumatic tools and fasteners. The Security segment provides access and security solutions for consumers, retailers, educational, financial and healthcare institutions, as well as commercial, governmental and industrial customers. The Industrial segment manufactures and markets professional industrial and automotive mechanics tools and storage systems, metal and plastic fasteners and engineered fastening systems, hydraulic tools and accessories, and specialty tools. On March 12, 2010, Stanley Works completed a merger with the Black & Decker Corporation and changed its name to Stanley Black & Decker, Inc.
On July 29, 2010, it acquired CRC-Evans Pipeline International. The Company acquired Stanley Solutions de Securite (SSDS), formerly known as ADT France, on March 9, 2010. In November 2010 the Company purchased 70% of the outstanding shares of GMT. The Company acquired InfoLogix, Inc. in January 2011. The Company has a portfolio of brands associated with products including Stanley, Black & Decker, DeWalt, Facom, Mac, Proto, Vidmar, Bostitch and FatMax.
CDIY
The CDIY segment’s products are sold to professional end users, distributors, and consumers, and are primarily distributed through retailers (including home centers, mass merchants, hardware stores, and retail lumber yards). Hand tools include measuring and leveling tools, planes, hammers, demolition tools, knives and blades, screwdrivers, saws, chisels and consumer tackers. Corded and cordless electric power tools and equipment include drills, impact wrenches and drivers, wet/dry vacuums, lights, radios/chargers, grinders, various saws, polishers, plate joiners, jointers, lathes, dust management systems, routers, planers, tile saws, sanders, air tools, building instruments, air compressors, laser products, and Workmate products. Lawn and garden products include hedge trimmers, string trimmers, lawn mowers, edgers, pruners, shears, shrubbers, blowers/vacuums, chain saws, and related accessories. Consumer portable power products include invertersjump-starters, vehicle battery chargers, rechargeable spotlights, and other related products.
Home products are comprised of stick, canister and hand-held vacuums, flexible flashlights, paint tools and cleaning solutions. Accessories and attachments for power tools include drill bits, hammer bits, router bits, hacksaws and blades, circular saw blades, jig and reciprocating saw blades, diamond blades, screwdriver bits and quick-change systems, bonded and other abrasives and worksite tool belts and bags. Plumbing products consist of a variety of conventional and decorative lavatory, kitchen, tub and shower faucets. Consumer mechanics tools include wrenches and sockets. Storage systems include plastic boxes, sawhorses and storage units. Pneumatic tools and fasteners include nail guns, staplers, nails and staples that are used for construction, remodeling, furniture making, pallet manufacturing and other applications involving the attachment of wooden materials. The Company’s product service program supports its power tools and lawn and garden products. Replacement parts and product repair services are available through a network of company operated service centers.
Security
The Company provides a range of mechanical and electronic security products and systems, and a variety of security services. These include security integration systems, software, related installation, maintenance, and monitoring services, automatic doors, door closers, electronic keyless entry systems, exit devices, healthcare storage and supply chain solutions, patient protection products, hardware (including door and cabinet knobs and hinges, door stops, kick plates, house numbers, gate hardware, cabinet pulls, hooks, braces and shelf brackets), locking mechanisms, electronic keyless entry systems, keying systems, tubular and mortise door locksets. Security products are sold on a direct sales basis, distributed through retailers (including home centers) and in certain instances, through third party distributors.
Industrial
The Industrial segment’s products sold to industrial customers including automotive, transportation, electronics, aerospace, machine tool and appliance industries and are distributed through third party distributors as well as through direct sales forces. Through its acquisition of CRC-Evans Pipeline International (CRC-Evans) in 2010, the Industrial segment also provides services and specialized tools and equipment such as custom pipe handling, joint welding and coating equipment used in the construction of large and small diameter pipelines.
Professional and automotive mechanics tools and storage systems include wrenches, sockets, electronic diagnostic tools, power tools, tool boxes and high-density industrial storage and retrieval systems. Metal and plastic fasteners and engineered fastening systems include blind riveting, stud welding, specialty screws, prevailing torque nuts and assemblies, insert systems, metal and plastic fasteners, and self-piercing riveting systems, as well as electric and pneumatic assembly tools. Hydraulic tools and accessories are comprised of hand-held hydraulic tools and mounted hydraulic tools used by scrap yards, contractors, utilities, railroads and public works as well as mounted demolition hammers and compactors designed to work on skid steer loaders, mini-excavators, backhoes and large excavators. Specialty tools are used for assembling, repairing and testing electronic equipment.
Principal Subsidiaries: Baldwin Hardware Corporation; Black & Decker (Ireland) Inc.; Black & Decker Abrasives Inc.; Black & Decker India Inc.; Kwikset Corporation; Momentum Laser, Inc.; Price Pfister, Inc.; Weiser Lock Corporation; Black & Decker Argentina S.A.; Black & Decker Werkzeuge Vertriebs-Gesellschaft M.B.H. (Austria); Black & Decker (Belgium) N.V.; Black & Decker Do Brasil Ltda. (Brazil); Refal Industria e Comercio de Rebites e Rebitadeiras Ltda. (Brazil); Black & Decker Canada Inc.; Maquinas y Herramientas Black & Decker de Chile S.A.; Black & Decker (Suzhou) Co. Ltd. (China); Black & Decker (Suzhou) Power Tools Co., Ltd. (China); Shanghai Emhart Fastening Systems Ltd. (China); Black & Decker de Colombia S.A.; Black & Decker (Czech) S.R.O. (Czech Republic); Emhart Harttung A/S (Denmark); Black & Decker de El Salvador, S.A. de C.V.; Black & Decker Oy (Finland); Black & Decker (France) S.A.S.; Emhart S.A.R.L. (France); Black & Decker G.m.b.H. (Germany); Black & Decker (Hellas) S.A. (Greece); Black & Decker Hong Kong Limited; Black & Decker (Ireland); Chesapeake Factoring Company (Ireland); Black & Decker Italia S.P.A. (Italy); Fasteners & Tools, Ltd. (Japan); Nippon Pop Rivets & Fasteners Ltd. (Japan); Black & Decker (Overseas) A.G. (Liechtenstein); Black & Decker Luxembourg S.A.; Black & Decker Macao; Black & Decker (Malaysia) Sdn. Bhd.; Black & Decker Asia Pacific (Malaysia) Sdn. Bhd.; BD Power Tools Mexicana, S. de R.L. de C.V. (Mexico); Black & Decker de Reynosa S. de R.L. de C.V. (Mexico); Black & Decker, S.A. de C.V. (Mexico); DeWalt Industrial Tools, S.A. de C.V. (Mexico); Price-Pfister de Mexico, S. de R.L. de C.V.; Technolock, S. de R.L. de C.V. (Mexico); Weiser Lock Mexico, S.A. De C.V.; Black & Decker (Nederland) B.V. (Netherlands); Black & Decker (New Zealand) Limited; Black & Decker (Norge) A/S (Norway); Black & Decker de Panama, S.A.; Black & Decker Del Peru S.A.; Black & Decker Asia Pacific Pte. Ltd. (Singapore); Black & Decker (South Africa) Pty. Ltd.; Emhart Fastening Teknologies Korea, Inc. (South Korea); Black & Decker Iberica S.Com por A. (Spain); Black & Decker Aktiebolag (Sweden); Black & Decker (Switzerland) S.A.; Black & Decker (Thailand) Limited; Aven Tools Limited (U.K.); Bandhart (U.K.); Black & Decker (U.K.); Black & Decker Europe (U.K.); Black & Decker International (U.K.); Emhart International Limited (U.K.); Tucker Fasteners Limited (U.K.); Weiser Lock Limited (U.K.); Black & Decker de Venezuela, C.A.
Principal Operating Units: Black & Decker Consumer Group; DeWalt Professional Group; Hardware and Home Improvement Group; Fastening and Assembly Systems Group.
Principal Competitors: Makita Corporation; The Stanley Works; Danaher Corporation; American Standard Companies Inc.; Kohler Co.; Snap-on Incorporated.
OVERALL
Beta: 1.32
Market Cap (Mil.): $12,147.62
Shares Outstanding (Mil.): 167.21
Annual Dividend: 1.64
Yield (%): 2.26
FINANCIALS
SWK Industry Sector
P/E (TTM): 26.52 18.23 17.05
EPS (TTM): 123.39 -- --
ROI: 3.85 5.48 3.26
ROE: 6.71 6.83 5.84
Statistics:
Public Company
Incorporated: 1910 as The Black & Decker Manufacturing Company
Employees: 22,100
Sales: $4.48 billion (2003)
Stock Exchanges: New York Pacific
Ticker Symbol: BDK
NAIC: 326191 Plastics Plumbing Fixture Manufacturing; 332212 Hand and Edge Tool Manufacturing; 332213 Saw Blade and Handsaw Manufacturing; 332510 Hardware Manufacturing; 332913 Plumbing Fixture Fitting and Trim Manufacturing; 333112 Lawn and Garden Tractor and Home Lawn and Garden Equipment Manufacturing; 333319 Other Commercial and Service Industry Machinery Manufacturing; 333515 Cutting Tool and Machine Tool Accessory Manufacturing; 333912 Air and Gas Compressor Manufacturing; 333991 Power-Driven Handtool Manufacturing; 335129 Other Lighting Equipment Manufacturing; 335212 Household Vacuum Cleaner Manufacturing
Key Dates:
1910: Alonzo G. Decker and S. Duncan Black form The Black & Decker Manufacturing Company, based in Baltimore, Maryland, and begin making industrial products invented and sold by others.
1916: Company begins designing and manufacturing their own electric-powered tools, including a 1/2-inch portable drill.
1917: First manufacturing plant is built in Towson, Maryland.
1922: First foreign subsidiary is established in Canada.
1924: Headquarters are shifted to Towson.
1927: Black & Decker's shares begin trading publicly.
1936: Company shares are listed on the New York Stock Exchange.
1946: Company introduces the world's first power tools for the consumer market.
1960: DeWalt of Lancaster, Pennsylvania, is acquired.
1975: Francis P. Lucier is named CEO, ending the founding families' executive control of the company.
1978: Dustbuster cordless vacuum cleaner is introduced.
1984: General Electric Company's small-appliance business is acquired.
1985: Company changes its name to The Black & Decker Corporation.
1986: Nolan D. Archibald is named CEO.
1989: Emhart Corporation, a conglomerate whose holdings include Price Pfister faucets and Kwikset locks, is acquired for $2.7 billion.
1992: Black & Decker relaunches the DeWalt line of high-end power tools.
1994: Company introduces the VersaPak interchangeable battery system and the SnakeLight flexible flashlight.
1998: As part of a "strategic repositioning," Black & Decker divests its household appliance operations.
2003: Baldwin Hardware Corporation and Weiser Lock Corporation are acquired from Masco Corporation.
2004: Black & Decker buys Pentair, Inc.'s Tools Group for $775 million.
Address:
701 East Joppa Road
Towson, Maryland 21286-5559
U.S.A.
Stanley Black & Decker, Inc. operates in three segments: Construction & Do-It-Yourself (CDIY), Security, and Industrial. The CDIY segment manufactures hand tools, corded and cordless electric power tools and equipment, lawn and garden products, consumer portable power products, home products, accessories and attachments for power tools, consumer mechanics tools, storage systems, and pneumatic tools and fasteners. The Security segment provides access and security solutions for consumers, retailers, educational, financial and healthcare institutions, as well as commercial, governmental and industrial customers. The Industrial segment manufactures and markets professional industrial and automotive mechanics tools and storage systems, metal and plastic fasteners and engineered fastening systems, hydraulic tools and accessories, and specialty tools. On March 12, 2010, Stanley Works completed a merger with the Black & Decker Corporation and changed its name to Stanley Black & Decker, Inc.
On July 29, 2010, it acquired CRC-Evans Pipeline International. The Company acquired Stanley Solutions de Securite (SSDS), formerly known as ADT France, on March 9, 2010. In November 2010 the Company purchased 70% of the outstanding shares of GMT. The Company acquired InfoLogix, Inc. in January 2011. The Company has a portfolio of brands associated with products including Stanley, Black & Decker, DeWalt, Facom, Mac, Proto, Vidmar, Bostitch and FatMax.
CDIY
The CDIY segment’s products are sold to professional end users, distributors, and consumers, and are primarily distributed through retailers (including home centers, mass merchants, hardware stores, and retail lumber yards). Hand tools include measuring and leveling tools, planes, hammers, demolition tools, knives and blades, screwdrivers, saws, chisels and consumer tackers. Corded and cordless electric power tools and equipment include drills, impact wrenches and drivers, wet/dry vacuums, lights, radios/chargers, grinders, various saws, polishers, plate joiners, jointers, lathes, dust management systems, routers, planers, tile saws, sanders, air tools, building instruments, air compressors, laser products, and Workmate products. Lawn and garden products include hedge trimmers, string trimmers, lawn mowers, edgers, pruners, shears, shrubbers, blowers/vacuums, chain saws, and related accessories. Consumer portable power products include invertersjump-starters, vehicle battery chargers, rechargeable spotlights, and other related products.
Home products are comprised of stick, canister and hand-held vacuums, flexible flashlights, paint tools and cleaning solutions. Accessories and attachments for power tools include drill bits, hammer bits, router bits, hacksaws and blades, circular saw blades, jig and reciprocating saw blades, diamond blades, screwdriver bits and quick-change systems, bonded and other abrasives and worksite tool belts and bags. Plumbing products consist of a variety of conventional and decorative lavatory, kitchen, tub and shower faucets. Consumer mechanics tools include wrenches and sockets. Storage systems include plastic boxes, sawhorses and storage units. Pneumatic tools and fasteners include nail guns, staplers, nails and staples that are used for construction, remodeling, furniture making, pallet manufacturing and other applications involving the attachment of wooden materials. The Company’s product service program supports its power tools and lawn and garden products. Replacement parts and product repair services are available through a network of company operated service centers.
Security
The Company provides a range of mechanical and electronic security products and systems, and a variety of security services. These include security integration systems, software, related installation, maintenance, and monitoring services, automatic doors, door closers, electronic keyless entry systems, exit devices, healthcare storage and supply chain solutions, patient protection products, hardware (including door and cabinet knobs and hinges, door stops, kick plates, house numbers, gate hardware, cabinet pulls, hooks, braces and shelf brackets), locking mechanisms, electronic keyless entry systems, keying systems, tubular and mortise door locksets. Security products are sold on a direct sales basis, distributed through retailers (including home centers) and in certain instances, through third party distributors.
Industrial
The Industrial segment’s products sold to industrial customers including automotive, transportation, electronics, aerospace, machine tool and appliance industries and are distributed through third party distributors as well as through direct sales forces. Through its acquisition of CRC-Evans Pipeline International (CRC-Evans) in 2010, the Industrial segment also provides services and specialized tools and equipment such as custom pipe handling, joint welding and coating equipment used in the construction of large and small diameter pipelines.
Professional and automotive mechanics tools and storage systems include wrenches, sockets, electronic diagnostic tools, power tools, tool boxes and high-density industrial storage and retrieval systems. Metal and plastic fasteners and engineered fastening systems include blind riveting, stud welding, specialty screws, prevailing torque nuts and assemblies, insert systems, metal and plastic fasteners, and self-piercing riveting systems, as well as electric and pneumatic assembly tools. Hydraulic tools and accessories are comprised of hand-held hydraulic tools and mounted hydraulic tools used by scrap yards, contractors, utilities, railroads and public works as well as mounted demolition hammers and compactors designed to work on skid steer loaders, mini-excavators, backhoes and large excavators. Specialty tools are used for assembling, repairing and testing electronic equipment.
Principal Subsidiaries: Baldwin Hardware Corporation; Black & Decker (Ireland) Inc.; Black & Decker Abrasives Inc.; Black & Decker India Inc.; Kwikset Corporation; Momentum Laser, Inc.; Price Pfister, Inc.; Weiser Lock Corporation; Black & Decker Argentina S.A.; Black & Decker Werkzeuge Vertriebs-Gesellschaft M.B.H. (Austria); Black & Decker (Belgium) N.V.; Black & Decker Do Brasil Ltda. (Brazil); Refal Industria e Comercio de Rebites e Rebitadeiras Ltda. (Brazil); Black & Decker Canada Inc.; Maquinas y Herramientas Black & Decker de Chile S.A.; Black & Decker (Suzhou) Co. Ltd. (China); Black & Decker (Suzhou) Power Tools Co., Ltd. (China); Shanghai Emhart Fastening Systems Ltd. (China); Black & Decker de Colombia S.A.; Black & Decker (Czech) S.R.O. (Czech Republic); Emhart Harttung A/S (Denmark); Black & Decker de El Salvador, S.A. de C.V.; Black & Decker Oy (Finland); Black & Decker (France) S.A.S.; Emhart S.A.R.L. (France); Black & Decker G.m.b.H. (Germany); Black & Decker (Hellas) S.A. (Greece); Black & Decker Hong Kong Limited; Black & Decker (Ireland); Chesapeake Factoring Company (Ireland); Black & Decker Italia S.P.A. (Italy); Fasteners & Tools, Ltd. (Japan); Nippon Pop Rivets & Fasteners Ltd. (Japan); Black & Decker (Overseas) A.G. (Liechtenstein); Black & Decker Luxembourg S.A.; Black & Decker Macao; Black & Decker (Malaysia) Sdn. Bhd.; Black & Decker Asia Pacific (Malaysia) Sdn. Bhd.; BD Power Tools Mexicana, S. de R.L. de C.V. (Mexico); Black & Decker de Reynosa S. de R.L. de C.V. (Mexico); Black & Decker, S.A. de C.V. (Mexico); DeWalt Industrial Tools, S.A. de C.V. (Mexico); Price-Pfister de Mexico, S. de R.L. de C.V.; Technolock, S. de R.L. de C.V. (Mexico); Weiser Lock Mexico, S.A. De C.V.; Black & Decker (Nederland) B.V. (Netherlands); Black & Decker (New Zealand) Limited; Black & Decker (Norge) A/S (Norway); Black & Decker de Panama, S.A.; Black & Decker Del Peru S.A.; Black & Decker Asia Pacific Pte. Ltd. (Singapore); Black & Decker (South Africa) Pty. Ltd.; Emhart Fastening Teknologies Korea, Inc. (South Korea); Black & Decker Iberica S.Com por A. (Spain); Black & Decker Aktiebolag (Sweden); Black & Decker (Switzerland) S.A.; Black & Decker (Thailand) Limited; Aven Tools Limited (U.K.); Bandhart (U.K.); Black & Decker (U.K.); Black & Decker Europe (U.K.); Black & Decker International (U.K.); Emhart International Limited (U.K.); Tucker Fasteners Limited (U.K.); Weiser Lock Limited (U.K.); Black & Decker de Venezuela, C.A.
Principal Operating Units: Black & Decker Consumer Group; DeWalt Professional Group; Hardware and Home Improvement Group; Fastening and Assembly Systems Group.
Principal Competitors: Makita Corporation; The Stanley Works; Danaher Corporation; American Standard Companies Inc.; Kohler Co.; Snap-on Incorporated.
OVERALL
Beta: 1.32
Market Cap (Mil.): $12,147.62
Shares Outstanding (Mil.): 167.21
Annual Dividend: 1.64
Yield (%): 2.26
FINANCIALS
SWK Industry Sector
P/E (TTM): 26.52 18.23 17.05
EPS (TTM): 123.39 -- --
ROI: 3.85 5.48 3.26
ROE: 6.71 6.83 5.84
Statistics:
Public Company
Incorporated: 1910 as The Black & Decker Manufacturing Company
Employees: 22,100
Sales: $4.48 billion (2003)
Stock Exchanges: New York Pacific
Ticker Symbol: BDK
NAIC: 326191 Plastics Plumbing Fixture Manufacturing; 332212 Hand and Edge Tool Manufacturing; 332213 Saw Blade and Handsaw Manufacturing; 332510 Hardware Manufacturing; 332913 Plumbing Fixture Fitting and Trim Manufacturing; 333112 Lawn and Garden Tractor and Home Lawn and Garden Equipment Manufacturing; 333319 Other Commercial and Service Industry Machinery Manufacturing; 333515 Cutting Tool and Machine Tool Accessory Manufacturing; 333912 Air and Gas Compressor Manufacturing; 333991 Power-Driven Handtool Manufacturing; 335129 Other Lighting Equipment Manufacturing; 335212 Household Vacuum Cleaner Manufacturing
Key Dates:
1910: Alonzo G. Decker and S. Duncan Black form The Black & Decker Manufacturing Company, based in Baltimore, Maryland, and begin making industrial products invented and sold by others.
1916: Company begins designing and manufacturing their own electric-powered tools, including a 1/2-inch portable drill.
1917: First manufacturing plant is built in Towson, Maryland.
1922: First foreign subsidiary is established in Canada.
1924: Headquarters are shifted to Towson.
1927: Black & Decker's shares begin trading publicly.
1936: Company shares are listed on the New York Stock Exchange.
1946: Company introduces the world's first power tools for the consumer market.
1960: DeWalt of Lancaster, Pennsylvania, is acquired.
1975: Francis P. Lucier is named CEO, ending the founding families' executive control of the company.
1978: Dustbuster cordless vacuum cleaner is introduced.
1984: General Electric Company's small-appliance business is acquired.
1985: Company changes its name to The Black & Decker Corporation.
1986: Nolan D. Archibald is named CEO.
1989: Emhart Corporation, a conglomerate whose holdings include Price Pfister faucets and Kwikset locks, is acquired for $2.7 billion.
1992: Black & Decker relaunches the DeWalt line of high-end power tools.
1994: Company introduces the VersaPak interchangeable battery system and the SnakeLight flexible flashlight.
1998: As part of a "strategic repositioning," Black & Decker divests its household appliance operations.
2003: Baldwin Hardware Corporation and Weiser Lock Corporation are acquired from Masco Corporation.
2004: Black & Decker buys Pentair, Inc.'s Tools Group for $775 million.
Address:
701 East Joppa Road
Towson, Maryland 21286-5559
U.S.A.