Companies
Stanley Black & Decker
Industrial manufacturingNew Britain, ConnecticutSWKAbout 43,500 employees
More about Stanley Black & Decker
Maker of hand tools, power tools, outdoor equipment and engineered fasteners for professionals, consumers and manufacturers
Revenue
$15.1B
Fiscal 2025, down 2%
Employees
About 43,500
As of January 2026, plus about 6,300 contractors
Stock
SWK
New York Stock Exchange
Headquarters
New Britain, Connecticut
CEO
Chris Nelson
Since October 2025
BrandsDeWalt, Craftsman, Stanley, Black+Decker, Cub Cadet
Current strategyFocused on profitable organic growth and paying down debt after a $2.1B cost-cutting program; sold its CAM aerospace fastener business in 2026
Recent workforce changesAbout 300 jobs cut with a tape-measure plant closure in New Britain, Connecticut (March 2026); voluntary retirement program for corporate staff in June 2025
CompetitorsTechtronic Industries, Bosch, Snap-on
Related companiesSnap-onThe Home DepotLowe's
Checked October 11, 2026 · Sources: sec.gov, newsroom.stanleyblackanddecker.com, fox4news.com
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