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Craftsman is a line of tools, lawn and garden equipment, and work wear.Originally a house brand established by Sears, the brand is now owned by Stanley Black & Decker.. As with all Sears products, Craftsman tools were not manufactured by Sears during the company's ownership, but made under contract by various other companies.
For most of its early years, Positec sold OEM power tools to companies and brands like Black & Decker. [7] [8] Gao wanted to branch out by creating a line of lawn and garden equipment using his own branding. Positec launched early versions of Worx tools in China in 2004. One of the first Worx products sold was an electric lawn trimmer called ...
A Black & Decker cordless drill. Black+Decker is an American manufacturer of power tools, accessories, hardware, home improvement products, home appliances, and fastening systems, headquartered in Towson, Maryland, north of Baltimore, where the company was originally established in 1910. In March 2010, Black & Decker merged with Stanley Works ...
It grew quickly and was reorganized and reincorporated in 1947 as DeWalt Inc. American Machine & Foundry Co., Inc. bought the company in 1949, and sold it to Black & Decker in 1960. Black & Decker divested itself of the radial arm saw manufacturing branch in 1989, selling it to two executives. In 1992, Black & Decker began a major effort to ...
The transaction was expected to close in early 2019. In addition, Stanley Black & Decker had the option to acquire the remaining 80% of MTD starting July 1, 2021, [4] which it did on August 17, 2021. Furthermore, with the acquisition of Craftsman by Stanley Black & Decker, the brand's products are now produced by MTD through this partnership.
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