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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 ...
Black & Decker had trouble keeping up with demand for the Workmate in the UK, but was still unconvinced of how well the Workmate would be accepted in the United States. As a test of demand, the UK-manufactured Workmate WM325 was introduced to the United States market in 1974 as the Model 79-001 Type E ("E" for England).
1910 – "The Black & Decker Manufacturing Company" was founded by S. Duncan Black (1883–1951) and Alonzo G. Decker (1884–1956) as a small machine shop in Baltimore in September. Decker, who had only a seventh grade education, had met Black in 1906, when they were both 23-year-old workers at the Rowland Telegraph Company.
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.
2018: On August 7, Stanley Black & Decker announced it entered into a definitive agreement to acquire International Equipment Solutions Attachments Group (IES Attachments) for $690 million in cash. [28] 2020: In Q1 2020, Stanley Black & Decker agreed to acquire Consolidated Aerospace Manufacturing, LLC (CAM) for up to $1.5 billion. CAM provides ...
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.