Stanley Black Decker Inc (NYSE: SWT) is a global provider of power tools, hand tools and various other related accessories, engineered fastening systems, electronic security solutions, health care solution, etc.
The publicly listed firm was formerly known as The Stanley Works. The company, domiciled in Connecticut, was founded in 1843 by Frederick T Stanley.
It is listed on the New York Stock Exchange, where its corporate units trade under the symbol of ‘SWT’. However, the trading symbol for its common stocks is ‘SWK’ on the New York Stock Exchange.
The company claims to be among Fortune 500 companies. It provides innovative tools and solutions for makers and explorers, protectors and builders, and others. It claims to be a leading provider of engineered fastening systems, storage facilities, and tools for a diverse group of customers.
It claims to invest in digital excellence, innovation and strives to focus on social responsibility. Some of the well-known brands of the company are Stanley, Dewalt, Black+Decker, Irwin, Craftsman, Facom, Porter Cable, Lista, Bostitch, Sonitrol, Pengo, etc.
The company under its tools & storage business segment provides various new products annually. It provides a game changing battery under the name DEWALT FLEXVOLT.
It also provides power tools and components for customers engaged in pipeline services, aerospace manufacturing products, infrastructure products, and engineered fastening solutions.
The company provides leading solutions for global manufacturers, including customized, integrated, innovative systems and solutions. They provide services and equipment virtually for oil and gas companies and caters to different needs of offshore and onshore pipelines inspection and construction.
Through its network of consolidated aerospace manufacturing segment, the American company collaborates with the defense customers and commercial aerospace clients, and aims to develop application based solutions.
It claims to generate majority of earnings from the United States, while the remainder is earned from Canada, emerging markets, and Europe.
1000 Stanley Drive New Britain, CT 06053 United States.