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ONCAP and Griffon Corporation to Form Professional and Consumer Products Joint Venture
Businesswire· 2026-02-05 12:31
Core Viewpoint - ONCAP and Griffon Corporation have formed a joint venture to create a leading global provider of hand tools, home organization solutions, and lawn and garden products for both professionals and consumers [1] Group 1: Joint Venture Details - The joint venture will combine Bellota Tools, Corona, and Burgon & Ball, which are currently subsidiaries of the respective companies [1]
Stanley Black & Decker Announces Board Leadership Changes and Appoints Shane M. O'Kelly as Director
Prnewswire· 2026-01-26 11:30
Leadership Changes - Effective October 1, 2026, Debra Crew will become Chair of the Board upon the retirement of Donald Allan, Jr., who has served as Executive Chair since stepping down as CEO on October 1, 2025 [1] - Debra Crew will also assume the role of Lead Independent Director immediately, succeeding Andrea Ayers, who will retire from the Board at the annual meeting of shareholders in April after over 11 years of service [2] Board Composition - Debra Crew has been a director at Stanley Black & Decker since December 2013 and has served on the Compensation and Talent Development Committee and the Finance and Pension Committee [3] - Shane M. O'Kelly, President and CEO of Advance Auto Parts, Inc., will join the Board of Directors effective January 23, 2026, bringing expertise in supply chain management and customer-focused strategy [5][6] Executive Background - Debra Crew previously served as CEO of Diageo plc from June 2023 to July 2025 and has held senior executive roles at companies such as Reynolds American, PepsiCo, Kraft Foods, Nestlé S.A., and Mars, Inc. [4] - Shane O'Kelly has been President and CEO of Advance Auto Parts, Inc. since September 2023 and has held leadership positions at HD Supply, PetroChoice Holdings, and A.H. Harris & Sons [6][7] Company Overview - Stanley Black & Decker, founded in 1843 and headquartered in the USA, is a global leader in tools and outdoor products, employing approximately 48,000 people [8]
Here's Why You Should Retain Snap-on Stock in Your Portfolio
ZACKS· 2026-01-21 19:22
Key Takeaways Snap-on's RCI process boosts efficiency, productivity and margin resilience.The company expands franchise network and deepens repair shop customer ties.New hand tools and torque products fuel growth in automotive, aviation and industrial markets.Snap-on Incorporated (SNA) is making solid progress on its strategic priorities. SNA’s strengths are rooted in its powerful brand, differentiated business model and strong customer relationships. The company benefits from a well-established franchise n ...
This Industrials King Has Double the Yield of the S&P 500's Average
The Motley Fool· 2026-01-20 02:30
Core Viewpoint - Stanley Black & Decker is highlighted as a reliable investment option within the Dividend King category, known for its consistent dividend payments and stable performance despite a lack of media attention [4][9]. Company Overview - Founded in 1843, Stanley Black & Decker operates from New Britain, Connecticut, and is a major player in the tool industry, offering products under various well-known brands [7]. - The company specializes in hand tools, power tools, and related products, making it a straightforward business to understand for consumers [7]. Financial Performance - The current market capitalization of Stanley Black & Decker is $13 billion, with a share price of $84.61 and a dividend yield of 3.9%, which is nearly double the average S&P 500 stock's yield of 2% [6][4]. - The company has a five-year dividend growth rate of 3.49%, indicating a strong commitment to maintaining and growing its dividend payments [9]. - Despite stagnant revenue growth in recent years, Stanley Black & Decker consistently beats earnings estimates, showcasing its operational reliability [8]. Investment Potential - The stock has shown early momentum in 2026, with a price increase of approximately 13.5% since the beginning of the year, suggesting potential for future growth [10]. - The company is considered a solid choice for passive investors, as it is expected to continue paying or increasing its dividend, making it suitable for a dividend reinvestment plan (DRIP) [11][12].
Jim Cramer Says Stanley Black & Decker’s Deal With Howmet Is “Terrific” for SWK Shareholders
Yahoo Finance· 2025-12-28 16:16
Stanley Black & Decker, Inc. (NYSE:SWK) is one of the stocks Jim Cramer shared his take on. Cramer highlighted the company’s latest deal with Howmet, as he commented: “Finally, there’s the everybody wins kind of M&A. This morning, Stanley Black & Decker sold its aerospace manufacturing business, consolidated aerospace manufacturing to Howmet, a crackerjack aerospace company, for $1.8 billion in cash. This is a terrific deal for Stanley Black & Decker shareholders… because that company needs to repair its ...
Stanley Black & Decker Appoints Agustin Lopez Diaz as Chief Global Supply Chain Officer
Prnewswire· 2025-12-03 14:03
Core Viewpoint - Stanley Black & Decker has appointed Agustin Lopez Diaz as Chief Global Supply Chain Officer, effective December 15, 2025, to enhance its global supply chain strategy and operations [1]. Group 1: Appointment Details - Agustin Lopez Diaz brings over 20 years of experience in manufacturing, P&L, and supply chain leadership, having previously worked at Schneider Electric [1]. - He will report to Chris Nelson, President and CEO of Stanley Black & Decker [1]. Group 2: Responsibilities and Expectations - As Chief Global Supply Chain Officer, Lopez Diaz will lead the end-to-end global supply chain strategy, focusing on growth, innovation, and operational excellence [1]. - His role includes developing a future-ready supply chain aligned with the company's business objectives and growth strategy [1]. Group 3: Previous Experience - Prior to this role, Lopez Diaz served as North America Supply Chain Officer at Schneider Electric, overseeing over 50 manufacturing sites and 13 distribution centers across North America and Central America [1]. - He has held leadership positions in quality, customer satisfaction, and sustainability at various companies, including Faurecia, GE Power, Rockwell, and Vestas [1]. Group 4: Educational Background - Lopez Diaz holds degrees in Mechanical Engineering and Business Administration from Universidad Popular Autónoma del Estado de Puebla (UPAEP) in Mexico, along with a post-graduate program in negotiation from the University of Michigan [1].
SALI Power Tool Accessories: Now Open for Global Partnerships in MENA, Africa, and LATAM
Globenewswire· 2025-12-01 13:49
JINHUA, China, Dec. 01, 2025 (GLOBE NEWSWIRE) -- SALI, a global leader in power tool accessories, today launched its "Emerging Market Partnership Program", actively recruiting premium agents across the Middle East, Africa, and Latin America. With 6 products ranking TOP3 and 14 in TOP10 on Amazon US/EU sites, plus proven expertise serving over 1 million professional users in Western markets, SALI offers new partners risk-free supply chain support and high-return brand empowerment to jointly explore the blue ...
Stanley Black & Decker To Present At The 2025 Goldman Sachs Industrials And Materials Conference
Prnewswire· 2025-11-20 14:00
Core Points - Stanley Black & Decker will present at the 2025 Goldman Sachs Industrials and Materials Conference on December 4, 2025, at 11:30 AM ET [1] - The live webcast will be accessible in the "Investors" section of the company's website, with a replay available for 30 days [2] - Founded in 1843, Stanley Black & Decker is a global leader in tools and outdoor products, employing approximately 48,000 people [3] Company Overview - The company produces a wide range of products including power tools, hand tools, storage solutions, digital jobsite solutions, outdoor products, and engineered fasteners [3] - Stanley Black & Decker's portfolio includes well-known brands such as DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and Cub Cadet® [3] - The company operates manufacturing facilities globally, supporting builders, tradespeople, and DIY enthusiasts [3]
Stanley Black & Decker To Present At Baird's 2025 Global Industrial Conference
Prnewswire· 2025-11-05 14:00
Core Points - Stanley Black & Decker will present at Baird's 2025 Global Industrial Conference on November 12, 2025, at 12:35 PM CT [1] - The live webcast will be accessible in the "Investors" section of the company's website, with a replay available for 30 days [2] - Founded in 1843, Stanley Black & Decker is a global leader in tools and outdoor products, employing approximately 48,000 people [3] Company Overview - The company produces a wide range of products including power tools, hand tools, storage solutions, and outdoor products [3] - Stanley Black & Decker's portfolio includes well-known brands such as DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and Cub Cadet® [3] - The company operates manufacturing facilities globally, supporting builders, tradespeople, and DIY enthusiasts [3]
Mary Laschinger Elected to Stanley Black & Decker Board of Directors
Prnewswire· 2025-10-31 20:15
Core Insights - Mary Laschinger has been elected to the Board of Directors of Stanley Black & Decker, effective November 1, 2025, bringing over 30 years of experience in global manufacturing and distribution [1][2]. Group 1: Leadership and Experience - Laschinger previously served as Chair and CEO of Veritiv Corporation from July 2014 until her retirement in September 2020, and has held significant roles at International Paper and other companies [3][4]. - She has a strong background in sales, supply chain, marketing, and regulatory affairs, which will contribute to Stanley Black & Decker's strategic goals [3][4]. Group 2: Strategic Goals and Expectations - The Executive Chair of the Board, Don Allan, expressed confidence that Laschinger's expertise will be instrumental in advancing the company's long-term growth strategy and delivering sustained value for shareholders [3]. - Stanley Black & Decker aims to extend its industry leadership and enhance operational excellence through the insights brought by new board members like Laschinger [3]. Group 3: Educational Background - Laschinger holds a bachelor's degree in business from the University of Wisconsin, an MBA from the University of Connecticut, and has completed executive management studies at the Kellogg School of Management [5]. Group 4: Company Overview - Stanley Black & Decker, founded in 1843, is a global leader in tools and outdoor products, employing approximately 48,000 people and producing a wide range of innovative tools and solutions [6]. - The company’s portfolio includes well-known brands such as DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and Cub Cadet® [6].