|Exchange:||New York Stock Exchange|
|Stock:||Stanley Black & Decker Inc|
|Industry:||Tools & Accessories|
|Stanley Black & Decker Inc., was founded in 1843 and was incorporated in 1852. The Company is a global provider of power and hand tools, mechanical access solutions (automatic doors and commercial locking systems), electronic security and monitoring systems, and products and services for various industrial applications. The Company’s operations are classified into three reportable business segments, which also represent its operating segments: Construction & Do-It-Yourself (‘CDIY’), Security, and Industrial. The CDIY segment is comprised of the Professional Power Tool and Accessories business, the Consumer Power Tool business, which includes outdoor products and the Hand Tools, Fasteners & Storage business. The segment sells its products to professional end users, distributors and retail consumers. The Security segment is comprised of the Convergent Security Solutions (‘CSS’) and Mechanical Access Solutions (‘MAS’) businesses. The CSS business designs, supplies and installs electronic security systems and provides electronic security services, including alarm monitoring, video surveillance, fire alarm monitoring, systems integration and system maintenance. The MAS business sells and installs automatic doors, commercial hardware, locking mechanisms, electronic keyless entry systems, keying systems, tubular and mortise door locksets. The Industrial segment is comprised of the Industrial and Automotive Repair (‘IAR’), Engineered Fastening and Infrastructure businesses. The IAR business sells hand tools, power tools, and engineered storage solution products. The business sells to industrial customers in a wide variety of industries and geographies. The products are distributed through third party distributors as well as a direct sales force. The Company encounters active competition in the CDIY and Industrial segments from both larger and smaller companies that offer the same or similar products and services. Certain large customers offer private label brands (‘house brands’) that compete across a wider spectrum of the Company’s CDIY segment product offerings. Competition in the Security segment is generally fragmented via both large international players and regional companies. The Company has numerous trademarks that are used in its businesses worldwide. In the CDIY segment, the STANLEY®, FatMax®, DEWALT®, Black & Decker®, Bostitch®, Bailey®, Powerlock®, Tape Rule Case Design®, DustBuster®, Porter-Cable®, and Workmate® of trademarks are material. The STANLEY®, BEST®, Blick™, HSM®, Sargent & Greenleaf®, S&G® Sonitrol®, Niscayah®, and Xmark® trademarks are material to the Security segment. The DEWALT®, CRC®, LaBounty®, MAC®, Mac Tools®, Proto®, Vidmar®, Facom®, and Emhart Teknologies™ trademarks are material to the Industrial segment. The Company is subject to various environmental laws and regulations in the U.S. and foreign countries where it has operations.|
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