Stanley Black & Decker plans to lay off 300 employees when New Britain factory closes [Yahoo! Finance]
Stanley Black & Decker, Inc. (SWK)
Last stanley black & decker, inc. earnings: 4/30 06:00 am
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Source: Yahoo! Finance
Stanley Black & Decker has informed state officials that it plans to lay off approximately 300 employees as a result of the upcoming closing of this factory at 600 Myrtle St., in New Britain, Conn. (Dave Zajac/Hearst Connecticut Media) Tool manufacturer Stanley Black & Decker has informed state officials that the upcoming closing of its factory in its home city of New Britain will result in about 300 layoffs. The vast majority of the job cuts -- affecting 287 workers -- are scheduled to take place between May 4 and May 18, according to a letter that the company sent Tuesday to the state Department of Labor. The notice follows the company's announcement last Thursday of its plan to shut down the manufacturing facility at 600 Myrtle St., where tape measures are made. "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," Stanley Black & Decker officials said in a
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News
- Stanley Black & Decker to cut hundreds of jobs, shut Connecticut plant [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