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Black+Decker

January 01, 1970

Black+Decker is an American manufacturer of power tools, accessories, hardware, home improvement products, home appliances and fastening systems headquartered in Towson, Maryland, north of Baltimore, where the company was originally established in 1910. In March 2010, Black & Decker merged with Stanley Works to become Stanley Black & Decker.[3][4] It remains a wholly owned subsidiary of that company.

Black+Decker
Logo since 2014
Company typeSubsidiary
IndustryManufacturing
FoundedSeptember 1910; 113 years ago (1910-09) (as "The Black & Decker Manufacturing Company") in Baltimore, Maryland, U.S.
FoundersS. Duncan Black
Alonzo G. Decker
Headquarters
701 East Joppa Road[1]
Towson, Maryland
,
U.S.
Key people
Nolan D. Archibald (CEO)
Products
Revenue$11.41 billion (FY2016)[2]
$965.3 million (FY2016)[2]
Number of employees
27,000
ParentStanley Black & Decker
Websiteblackanddecker.com
A Black & Decker cordless drill

History edit

 
A 1920 ad for portable electric drills

1910–1974 edit

  • 1910 – "The Black & Decker Manufacturing Company" was founded by S. Duncan Black (1883–1951) and Alonzo G. Decker (1884–1956) as a small machine shop in Baltimore in September. Decker, who had only a seventh grade education, had met Black in 1906, when they were both 23-year-old workers at the Rowland Telegraph Company. With only $1,200 between them, one of their first jobs was designing machinery for making milk bottle caps and candy dipping.[5]
  • 1912 – The Black and Decker "Hexagon" logo symbol was introduced, symbolizing the head of a hexagonal bolt found in machine shops. It was used in one form or another from 1912 to 2014.[6]
  • 1917 – Black & Decker invented and patented the hand-held electric drill with a pistol grip and trigger switch.[3][7]
    • –– For many decades the director of design was Glenn Calvin Wilhide, a friend of Walter Gropius and other industrial designers of the day. Wilhide filed many US patents for Black & Decker.
  • 1917 – The first factory was opened in Towson, Maryland.
  • 1919 – Company reaches $1,000,000 in sales.
  • 1928 – Acquired the Van Dorn Electric Tool Company of Cleveland, Ohio.
  • 1936 – Common stock begins trading on the New York Stock Exchange.
  • 1941 August – Wilhide's patent for a portable power driven tool unit granted.[8]
  • 1943 – Received the Army-Navy "E" Award for production, one of four World War II (1939/1941-1945) citations awarded to the company.
  • 1949 – First Black & Decker U.S. trademark awarded.
  • 1951 – Alonzo G. Decker Sr. becomes president
  • 1960 – Acquired DeWalt from American Machine and Foundry.

1975–2008 edit

  • 1975 – Francis P. Lucier succeeded son of one of the founders Alonzo G. Decker Jr.(1908-2002), as chairman of the board, the first time a family member did not hold the post.
  • 1984 – Acquired small-appliance business from General Electric Company.
  • 1986 – Nolan D. Archibald is named chief executive officer.
  • 1989 – Acquired the Emhart Corporation[9] which includes the brand names Kwikset, Price Pfister faucets, Molly wall anchors, POP rivets, True Temper (both hardware and sports equipment) and other consumer and commercial products. Inducted into the Space Foundation's Space Technology Hall of Fame for its cordless power tool achievements and contributions to NASA's Gemini and Apollo programs.
  • 1990 – True Temper hardware is sold to Huffy, and then sold to US Industries, owner of Ames, which later became Ames True Temper, which is now owned by Griffon Corporation.
  • 1996 – Sold small-appliance business to Windmere Durable Holdings.[10] In May 2000, Windmere Durable Holdings changes its corporate name to Applica Inc.[11]
  • 2000 – Alonzo G. Decker Jr. resigns from the board, at age 92, two years before his death.[12]

2009–present edit

  • 2010 – Black & Decker merges with Stanley Works to become Stanley Black & Decker.[13]
  • 2012 – Stanley Black & Decker sells its Hardware and Home Improvement group (HHI) to Spectrum Brands. Sale includes the lock business, as well as the related manufacturing subsidirary in Taiwan (Tong Lung).[14] As of January 2023, Spectrum was in negotiations to sell its HHI assets to Swedish lock manufacturer Assa Abloy, but were making adjustments in response to the United States Department of Justice findings of antitrust issues.[15]
  • 2014 – Rebranded from Black & Decker to Black+Decker[16]
  • 2017 – Stanley Black & Decker purchases Craftsman from Sears (Sears, Roebuck & Company).[17]
  • 2017 – Stovekraft entered a licensing agreement with Black+Decker to sell the latter's products in the Indian market.[18][19]

Brand portfolio edit

Recent edit

As of 2017, Stanley Black & Decker's brand portfolio included:[20]

  • STANLEY (formerly known as The Stanley Works; started in 1843 as Stanley's Bolt Manufactory by Frederick Trent Stanley, and merged in 1920 with the Stanley Rule and Level Company founded by Henry Stanley in 1857)

Former edit

References edit

  1. ^ "Stanley Black & Decker Opens Makerspace in Towson". April 16, 2018.
  2. ^ a b
  3. ^ a b Michael J. de la Merced; Zachery Kouwe (November 2, 2009). "Stanley and Black & Decker in a Merger Deal: Toolmaker Deal Ends a 28-Year Courtship". The New York Times.
  4. ^ (Press release). Stanley Black & Decker. March 12, 2010. Archived from the original on April 15, 2010. Retrieved March 19, 2010.
  5. ^ Somerville, Sean (January 5, 1997). "Alonzo G. Decker: He's still a company man Founder's son: Alonzo G. Decker Jr., son of one of the founders of Black & Decker, helped spark the do-it-yourself movement. As he approaches his 89th birthday, he maintains his connection to the family business". The Baltimore Sun. Retrieved January 22, 2014.
  6. ^ . blackanddecker100years.com. Archived from the original on February 6, 2018. Retrieved April 13, 2018.
  7. ^ [1], "Electrically-driven tool.", issued 1914-12-04 
  8. ^ [2], "Design for a portable power driven tool unit", issued 1940-09-28 
  9. ^ . archives.lib.uconn.edu. Archived from the original on July 28, 2019. Retrieved October 29, 2018.
  10. ^ Murray, Shanon D. (May 12, 1998). "Black & Decker selling division Windmere buying household products unit for $315 million". baltimoresun.com. Retrieved September 7, 2020.
  11. ^ Altaner, David (May 10, 2000). "It's Gone with the Windmere". South Florida Sun-Sentinel. Retrieved January 5, 2023.
  12. ^ Kelly, Jaques; Frederick N Rasmussen (March 23, 2002). "Alonzo G. Decker Jr., 94; Engineer, Power Tool Innovator". Los Angeles Times. Retrieved January 22, 2014.
  13. ^ . The Street. Archived from the original on March 20, 2012.
  14. ^ "Spectrum Brands Holdings Completes Acquisition of Stanley Black & Decker's Hardware & Home Improvement Group". Spectrum Brands. December 17, 2012. Retrieved January 4, 2023.
  15. ^ "Spectrum Brands: HHI Likely To Close, Shares Have 65% Upside (NYSE:SPB) | Seeking Alpha". seekingalpha.com. December 2, 2022. Retrieved January 4, 2023.
  16. ^ "Black & Decker becomes Black+Decker". January 14, 2014. Retrieved July 28, 2020.
  17. ^ "Sears sells iconic Craftsman brand for $900 million". Retrieved January 5, 2017.
  18. ^ Bhushan, Ratna. "Black & Decker inks licensing deal with Stovekraft". The Economic Times. Retrieved October 25, 2020.
  19. ^ Mukherjee, Writankar. "Stovekraft expand into premium small appliances with Black + Decker". The Economic Times. Retrieved October 25, 2020.
  20. ^ "Our Brands". stanleyblackanddecker.com. March 15, 2017. Retrieved April 13, 2018.
  21. ^ "Weiser Lock - Keyless Entry - Door Hardware - Smart Locks". ca.weiserlock.com.

Further reading edit

External links edit

 
Wikimedia Commons has media related to Black & Decker.
  • Official website

January 01, 1970
black, decker, american, manufacturer, power, tools, accessories, hardware, home, improvement, products, home, appliances, fastening, systems, headquartered, towson, maryland, north, baltimore, where, company, originally, established, 1910, march, 2010, black,. Black Decker is an American manufacturer of power tools accessories hardware home improvement products home appliances and fastening systems headquartered in Towson Maryland north of Baltimore where the company was originally established in 1910 In March 2010 Black amp Decker merged with Stanley Works to become Stanley Black amp Decker 3 4 It remains a wholly owned subsidiary of that company Black DeckerLogo since 2014Company typeSubsidiaryIndustryManufacturingFoundedSeptember 1910 113 years ago 1910 09 as The Black amp Decker Manufacturing Company in Baltimore Maryland U S FoundersS Duncan BlackAlonzo G DeckerHeadquarters701 East Joppa Road 1 Towson Maryland U S Key peopleNolan D Archibald CEO ProductsPower toolshardwarehome improvement productsfastening technologyRevenue 11 41 billion FY2016 2 Net income 965 3 million FY2016 2 Number of employees27 000ParentStanley Black amp DeckerWebsiteblackanddecker wbr com A Black amp Decker cordless drill Contents 1 History 1 1 1910 1974 1 2 1975 2008 1 3 2009 present 2 Brand portfolio 2 1 Recent 2 2 Former 3 References 4 Further reading 5 External linksHistory edit nbsp A 1920 ad for portable electric drills 1910 1974 edit 1910 The Black amp Decker Manufacturing Company was founded by S Duncan Black 1883 1951 and Alonzo G Decker 1884 1956 as a small machine shop in Baltimore in September Decker who had only a seventh grade education had met Black in 1906 when they were both 23 year old workers at the Rowland Telegraph Company With only 1 200 between them one of their first jobs was designing machinery for making milk bottle caps and candy dipping 5 1912 The Black and Decker Hexagon logo symbol was introduced symbolizing the head of a hexagonal bolt found in machine shops It was used in one form or another from 1912 to 2014 6 1917 Black amp Decker invented and patented the hand held electric drill with a pistol grip and trigger switch 3 7 For many decades the director of design was Glenn Calvin Wilhide a friend of Walter Gropius and other industrial designers of the day Wilhide filed many US patents for Black amp Decker 1917 The first factory was opened in Towson Maryland 1919 Company reaches 1 000 000 in sales 1928 Acquired the Van Dorn Electric Tool Company of Cleveland Ohio 1936 Common stock begins trading on the New York Stock Exchange 1941 August Wilhide s patent for a portable power driven tool unit granted 8 1943 Received the Army Navy E Award for production one of four World War II 1939 1941 1945 citations awarded to the company 1949 First Black amp Decker U S trademark awarded 1951 Alonzo G Decker Sr becomes president 1960 Acquired DeWalt from American Machine and Foundry 1975 2008 edit 1975 Francis P Lucier succeeded son of one of the founders Alonzo G Decker Jr 1908 2002 as chairman of the board the first time a family member did not hold the post 1984 Acquired small appliance business from General Electric Company 1986 Nolan D Archibald is named chief executive officer 1989 Acquired the Emhart Corporation 9 which includes the brand names Kwikset Price Pfister faucets Molly wall anchors POP rivets True Temper both hardware and sports equipment and other consumer and commercial products Inducted into the Space Foundation s Space Technology Hall of Fame for its cordless power tool achievements and contributions to NASA s Gemini and Apollo programs 1990 True Temper hardware is sold to Huffy and then sold to US Industries owner of Ames which later became Ames True Temper which is now owned by Griffon Corporation 1996 Sold small appliance business to Windmere Durable Holdings 10 In May 2000 Windmere Durable Holdings changes its corporate name to Applica Inc 11 2000 Alonzo G Decker Jr resigns from the board at age 92 two years before his death 12 2009 present edit 2010 Black amp Decker merges with Stanley Works to become Stanley Black amp Decker 13 2012 Stanley Black amp Decker sells its Hardware and Home Improvement group HHI to Spectrum Brands Sale includes the lock business as well as the related manufacturing subsidirary in Taiwan Tong Lung 14 As of January 2023 update Spectrum was in negotiations to sell its HHI assets to Swedish lock manufacturer Assa Abloy but were making adjustments in response to the United States Department of Justice findings of antitrust issues 15 2014 Rebranded from Black amp Decker to Black Decker 16 2017 Stanley Black amp Decker purchases Craftsman from Sears Sears Roebuck amp Company 17 2017 Stovekraft entered a licensing agreement with Black Decker to sell the latter s products in the Indian market 18 19 Brand portfolio editRecent edit As of 2017 Stanley Black amp Decker s brand portfolio included 20 STANLEY formerly known as The Stanley Works started in 1843 as Stanley s Bolt Manufactory by Frederick Trent Stanley and merged in 1920 with the Stanley Rule and Level Company founded by Henry Stanley in 1857 Aero Scout Black Decker Bostitch Craftsman DeWalt Facom Mac Tools Proto Inner Space Irwin Lenox Piranha Porter Cable Sonitrol STANLEY Access Technologies STANLEY Engineered Fastening STANLEY Healthcare STANLEY Infrastructure STANLEY Security Vidmar Former edit Baldwin sold to Spectrum Brands Delta Machinery sold to Chang Type Industrial DeVilbiss Air Power sold to MAT Holdings Kwikset sold to Spectrum Brands Price Pfister sold to Spectrum Brands Weiser Lock 21 sold to Spectrum Brands References edit Stanley Black amp Decker Opens Makerspace in Towson April 16 2018 a b Black amp Decker annual income sheet via Wikinvest a b Michael J de la Merced Zachery Kouwe November 2 2009 Stanley and Black amp Decker in a Merger Deal Toolmaker Deal Ends a 28 Year Courtship The New York Times Stanley and Black amp Decker Complete Merger Press release Stanley Black amp Decker March 12 2010 Archived from the original on April 15 2010 Retrieved March 19 2010 Somerville Sean January 5 1997 Alonzo G Decker He s still a company man Founder s son Alonzo G Decker Jr son of one of the founders of Black amp Decker helped spark the do it yourself movement As he approaches his 89th birthday he maintains his connection to the family business The Baltimore Sun Retrieved January 22 2014 Black amp Decker 100 year anniversary site blackanddecker100years com Archived from the original on February 6 2018 Retrieved April 13 2018 1 Electrically driven tool issued 1914 12 04 2 Design for a portable power driven tool unit issued 1940 09 28 Emhart Corporation Records archives lib uconn edu Archived from the original on July 28 2019 Retrieved October 29 2018 Murray Shanon D May 12 1998 Black amp Decker selling division Windmere buying household products unit for 315 million baltimoresun com Retrieved September 7 2020 Altaner David May 10 2000 It s Gone with the Windmere South Florida Sun Sentinel Retrieved January 5 2023 Kelly Jaques Frederick N Rasmussen March 23 2002 Alonzo G Decker Jr 94 Engineer Power Tool Innovator Los Angeles Times Retrieved January 22 2014 Stanley And Black amp Decker Complete Merger The Street Archived from the original on March 20 2012 Spectrum Brands Holdings Completes Acquisition of Stanley Black amp Decker s Hardware amp Home Improvement Group Spectrum Brands December 17 2012 Retrieved January 4 2023 Spectrum Brands HHI Likely To Close Shares Have 65 Upside NYSE SPB Seeking Alpha seekingalpha com December 2 2022 Retrieved January 4 2023 Black amp Decker becomes Black Decker January 14 2014 Retrieved July 28 2020 Sears sells iconic Craftsman brand for 900 million Retrieved January 5 2017 Bhushan Ratna Black amp Decker inks licensing deal with Stovekraft The Economic Times Retrieved October 25 2020 Mukherjee Writankar Stovekraft expand into premium small appliances with Black Decker The Economic Times Retrieved October 25 2020 Our Brands stanleyblackanddecker com March 15 2017 Retrieved April 13 2018 Weiser Lock Keyless Entry Door Hardware Smart Locks ca weiserlock com Further reading editBlack amp Decker 1989 Competition Commission reportExternal links edit nbsp Wikimedia Commons has media related to Black amp Decker Official website Retrieved from https en wikipedia org w index php title Black 2BDecker amp oldid 1223848370, wikipedia, wiki, book, books, library,

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