Stanley Black & Decker, Inc.

The Stanley/Black & Decker merger is still working itself through the process and is not...

The company’s global expansion benefits from acquisition of Newell Tools.

Manufacturers responding to an article about Made in the USA products point to a variety of benefits of domestic manufacturing in today’s economy, including psychology and quality control.

Stanley Black & Decker has agreed to buy Niscayah, a European electronic security and monitoring company for $1.2 billion, including assumed debt. Stanley will pay $18.00 per share in cash (in Swedish currency) for the Stockholm-based company, 24% more than an all-stock offer by another firm, Securitas AB, and a 15% premium to Niscayah's stock price at close on June 23, 2011. 

Stanley Works CEO John Lundgren and his wife Tamara Lundgren, CEO of Schnitzer Steel, appeared together on a CNBC video interview.

Gas prices were climbing slowly but steadily in 2011, but this week the national average price per gallon of regular surged 18 cents to $3.35. That's 65 cents higher than a year ago.

Elsewhere on the Industry Dashboard, the Existing-Home Sales meter shows gains for the year and the month, based on estimates from the National Association of Realtors. Single-family starts are lagging at a dismal pace of 413,000.

 

Nearly two months since the tragic Japanese earthquake and tsunami, the issue of power-tool supply-chain was raised during a Stanley Black & Decker conference call.

Stanley President and CEO John Lundgren said to the extent that there may be difficulties getting product from Japan, they would appear in the second quarter. 

Delta Power Equipment Corp. announced today that its deal to purchase the DELTA brand of woodworking equipment and machinery from Stanley Black & Decker closed Feb. 4, as expected. 

Delta also announced Alicia Hicks has been named marketing manager for the organization. Additional recruiting is under way.