Stanley chooses Texas for factory
After acquiring the Craftsman line of tools in 2017 from bankrupt Sears Holdings, Stanley Black & Decker plans to open a new manufacturing plant in Fort Worth, Texas, that will employ 500 people. Stanley Black & Decker is based in New Britain, where its product manufacturing includes Craftsman measuring tapes. The company recently opened a Hartford lab to develop production techniques. Stanley Black & Decker has 30 manufacturing plants in the United States and 70 more overseas, with about 60,800 workers.