Tool manufacturer Stanley Black & Decker to shut down New Britain manufacturing 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
Stanley Black & Decker is headquartered at this property at 1000 Stanley Drive in New Britain, Conn. The tool manufacturer has announced that it will close its factory on Myrtle Street in New Britain, resulting in about 300 layoffs. (File media photo via Stanley Black & Decker) (Stanley Black and Decker / Contributed) Tool manufacturer Stanley Black and Decker , one of the largest companies based in Connecticut, has decided to close the factory in its home city of New Britain "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," said company spokeswoman Debora Raymond. "These products are quickly becoming obsolete in the markets we serve." Raymond said the closing would affect 300 workers. The company will provide "options for employment at other facilities, severance, and job placement support services for both salaried and hourly employees," she said. Form
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News
- Morgan Stanley Raises Stanley Black & Decker (SWK) Price Forecast, Cites Margin Recovery Potential [Yahoo! Finance]Yahoo! Finance
- Assessing Stanley Black & Decker (SWK) Valuation As Recent Momentum Meets Mixed Long Term Returns [Yahoo! Finance]Yahoo! Finance
- Stanley Black & Decker Announces 1st Quarter 2026 DividendPR Newswire
- Stanley Black & Decker (NYSE:SWK) was given a new $87.00 price target on by analysts at Morgan Stanley.MarketBeat
- Stanley Black & Decker, Inc. (SWK) Presents at Barclays 43rd Annual Industrial Select Conference Transcript [Seeking Alpha]Seeking Alpha
SWK
Earnings
- 2/4/26 - Beat
SWK
Sec Filings
- 2/24/26 - Form 4
- 2/24/26 - Form 4
- 2/24/26 - Form 4
- SWK's page on the SEC website