Stanley Black & Decker To Open U.S. Plant

July 08,2024

One of the nation's best-known toolmakers, Stanley Black & Decker, said Thursday that it will move more manufacturing back to the U.S. from overseas, including construction of a new $35 million factory after acquiring the Craftsman brand from ailing retailer Sears Holdings. Expanding American manufacturing makes "business sense" amid "pervasive," uncertainty regarding the future of U.S.…

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