DeWalt manufacturing facility opening in Texas
Stanley Black & Decker reported that it will open a new 300,000 sq. ft. manufacturing facility in Mission, Texas, that will produce DeWalt power tools.
The facility is expected to open in the early part of 2018 and could provide as many as 450 jobs in the region, Stanley Black & Decker said in a press release issued this morning.
"The opening of our third manufacturing facility in Texas augments our strategy of making where we sell, reinforcing our long-standing commitment to making in America and making in Texas," said Jeff Ansell, president of Stanley Black & Decker's global tools and storage business. "We have continuously manufactured in the United States since 1843, and we are the first tool company to proudly bring manufacturing back to the USA in recent times. We continue to strengthen and expand our U.S.-based manufacturing capabilities and we believe that this newest expansion in Texas will enable further acceleration of our Made in the USA with global materials portfolio."
"The Mission Economic Development Corporation (Mission EDC) team has been working with Stanley Black & Decker for the past several months and we are excited to see their hard work has paid off," Mayor Norberto Salinas said. "It's a great day for Mission and a great day for the Rio Grande Valley when a company of this caliber decides to invest in our region.”
The New Britain, Conn.-based tool manufacturer operates approximately 30 manufacturing facilities in the United States, which produce major brands including Stanley, Proto, Vidmar, Craftsman, DeWalt and Lista.
The company said it has added more than 40% to its U.S.-based manufacturing workforce in the past three years while adding manufacturing facilities in North Carolina, Tennessee, Indiana and Maryland.
Earlier this month, Stanley Black & Decker reported third quarter 2017 revenue of $3.3 billion, up 14% compared to 3Q 2016. Organic growth accounted for 7% of the revenue increase.
