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Stanley Black & Decker history
Stanley Black & Decker company history timeline
Just as it was in 1843, our passion for excellence is seen around the world in our disciplined operations, purposeful business growth, and loyal customer relationships.”
In 1910, Duncan Black and Alonzo Decker quit their jobs to form their own shop in Baltimore, Md., dedicated to manufacturing the world?s first portable power tool.
In 1910, S. Duncan Black and Alonzo G. Decker started their shop, similar in size at first, in Baltimore, Maryland.
In 1917, they obtained the world?s first patent for that tool – the first portable power drill with a pistol grip.
In 1946, the first line of home utility drills was introduced after Alonzo G. Decker Jr., son of the company?s founder, noticed that workers were stealing industrial power drills from defense contractors.
In 1957, BLACK+DECKER entered the outdoor market with the first electric lawn edgers and hedge trimmers designed for consumers.
Amway history, profile and corporate video Jay Van Andel and Richard DeVos, a pair of direct sales veterans, launched Amway in 1959.
In 1963, they developed a minimum-torque tool for astronauts to use under weightless conditions on Project Gemini.
In 1971, with a BLACK+DECKER-built power head, the Apollo Lunar Surface rill took core samples from the moon during the Apollo 15 mission.
1979, Black & Decker introduced the DustBuster?, the world?s first handheld vacuum.
In 1998, inspired by the design of the computer mouse, the easy-to-use and ergonomic BLACK+DECKER Mouse? Sander was launched.
John F. Lundgren was elected as chairman and chief executive officer in 2004, replacing John Trani, a former protégé of Jack Welch at General Electric.
In 2010, The Stanley Works and BLACK+DECKER merged to become the world?s largest tools and storage company.
In 2010, the two companies combined to form Stanley Black & Decker, to deliver the tools and solutions that industrial companies, professionals, and consumers count on to be successful when it really matters.
In July 2016, CEO John F. Lundgren stepped down, with President and COO James M. Loree taking over as CEO.
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Stanley Black & Decker competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Alcoa | 1888 | $11.9B | 14,600 | 42 |
| Pfizer | 1849 | $63.6B | 78,500 | 518 |
| Porter-Cable | 1906 | $112.4M | 1,500 | - |
| General Electric | 1892 | $68.0B | 305,000 | 3,665 |
| Textron | 1923 | $13.7B | 35,000 | 1,416 |
| Magnum Systems | 1960 | $22.9M | 50 | 144 |
| Thermo Fisher Scientific | 1956 | $42.9B | 125,000 | 1,718 |
| Emerson | 1890 | $15.2B | 83,500 | 923 |
| Avery Dennison | 1935 | $8.8B | 32,000 | 283 |
| P&G | 1837 | $24.4B | 101,000 | 351 |
Stanley Black & Decker history FAQs
Zippia gives an in-depth look into the details of Stanley Black & Decker, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Stanley Black & Decker. The employee data is based on information from people who have self-reported their past or current employments at Stanley Black & Decker. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Stanley Black & Decker. The data presented on this page does not represent the view of Stanley Black & Decker and its employees or that of Zippia.
Stanley Black & Decker may also be known as or be related to Stanley Black & Decker, Stanley Black & Decker Inc, Stanley Black & Decker, Inc. and black & decker.