Stanley Black & Decker to cut hundreds of jobs, shut Connecticut plant [Yahoo! Finance]
Stanley Black & Decker, Inc. (SWK)
Last stanley black & decker, inc. earnings: 4/30 06:00 am
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stanleyblackanddecker.com
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Source: Yahoo! Finance
Britain, Connecticut , and close a manufacturing facility that produces single-sided tape measures as part of its ongoing restructuring efforts. The move is tied to what the company described as a sustained decline in demand for the product category. The New Britain site primarily manufactures single-sided tape measures, which the company said are becoming obsolete in certain markets. "As a result of a structural decline in demand for single-sided tape measures, we have decided to close our facility in New Britain that predominantly makes these products," Debora Raymond, vice president of external communications for Stanley Black & Decker, said in a statement to WFSB. "These products are quickly becoming obsolete in the markets we serve." Ebay Cuts 800 Jobs Across Company Operations Just Days After Dropping $1.2B On Trendy Gen Z Fashion App Raymond said the company is focused on assisting affected workers through the transition, including exploring opportunities at other locat
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SWK
News
- Stanley Black & Decker plans to lay off 300 employees when New Britain factory closes [Yahoo! Finance]Yahoo! Finance
- Stanley Black & Decker to cut hundreds of jobs, shut Connecticut plant [FOX Business Network]FOX Business Network
- Does Stanley Black & Decker's (SWK) New Britain Exit Hint At A Deeper Shift In Its Tool Strategy? [Yahoo! Finance]Yahoo! Finance
- Medicare Premium Growth Often Exceeds Inflation [Yahoo! Finance]Yahoo! Finance
- Mizuho Lifts Stanley Black & Decker (SWK) Price Target to $110 on Improving Peer Valuations [Yahoo! Finance]Yahoo! Finance
SWK
Earnings
- 2/4/26 - Beat
SWK
Sec Filings
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- SWK's page on the SEC website