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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.
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.
To wit: If you're still looking for a high-quality handheld vacuum to help with accidental spills or cleaning up those hard-to-reach places that your regular vac can't get to, this Black & Decker ...
Similar to Snap-on, Cornwell and many Mac Tools dealers, Matco Tools are sold by a local tool distributor who owns a territory by means of a franchise. [6] [7] The franchise owner drives to the work locations of potential customers, and typically offers financing to individuals looking to buy their tools.
In 2018, industrial power tool maker Stanley Black & Decker acquired a minority stake of 20%, worth $234 million, in MTD Products in an attempt to capture a larger share of the outdoor garden equipment market. [3] In 2021, the remaining 80% was purchased by Stanley Black & Decker for $1.6 billion. [4]