Stanley Black & Decker, Inc.

Stanley Black & Decker has pledged a donation of over $225,000 worth of Stanley and DeWalt tools to ToolBank USA.

ToolBank provides nonprofits such as charities, schools and faith-based organizations with tool rentals for various volunteer and service projects, thereby reducing expenses and the "tool scarcity" that volunteers frequently experience.

Stanley Black & Decker is donating more than $120,000 worth of tools and equipment to four new ToolBanks this month, organizations that provide tools to nonprofits and volunteers and help them cut costs.

The donation will go toward building up an initial inventory of tools to be put to use in various community improvement projects in the four new locations: Houston, Portland, Oregon; Phoenix; and Richmond, Virginia.

Stanley Black & Decker, the world’s largest tool manufacturer, has formed a strategic partnership with Sunflower Labs, a San Francisco-based startup focused on home security products. The move provides Stanley Black & Decker an entry into the surveillance drone market.

Under terms of the partnership, Stanley Black & Decker and Sunflower Labs will work together on new and innovative security solutions, the companies said in a press release.

Towson, Md.-based Black & Decker introduced four new cordless power tools and a variety of new combination kit solutions.

The products are described by he company as “powerful and durable home-improvement solutions at a value for cost-conscious homeowners.”

These cordless tools are powered by the Black & Decker extended runtime 20V MAX* Lithium Ion Battery, and include a 1/2 Inch Drill/Driver, Impact Driver, Reciprocating Saw, and Circular Saw.