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Mac Tools manufactured tools are produced in various Stanley Black & Decker facilities around the world. Mac Tools USA hardline tools are manufactured in their partner plant of Proto Dallas. Their primary distribution center is located in Hilliard, Ohio, United States. Mac Tools business model is a franchise system with roughly 1500 ...
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.
Stanley Black & Decker expects 2025 adjusted profit to be $5.25 per share, plus or minus 50 cents, compared with Wall Street expectations of $5.38, according to data compiled by LSEG.
Irwin had bought the rights to a solid-center auger bit from a local blacksmith. [3] In 1924, another blacksmith, Danish immigrant William Petersen of DeWitt, Nebraska, invented the first locking pliers [4] and named them Vise-Grips. [5] In 1934, Petersen formed the Petersen Manufacturing Company to produce them. [6]
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.