Stanley B&D makes operations moves

Stanley Black & Decker has announced a change to its manufacturing and distribution network which will include U.S. site expansions, site transformations into manufacturing centers of excellence. and site consolidation.

The company said it will transfer its Cheraw, South Carolina operations to its facilities in Jackson and Gallatin, Tennessee, and will discontinue operations in Fort Worth, Texas.

“These actions will impact 175 employees at the Texas facility and 182 employees in South Carolina, while adding 80 jobs in Tennessee,” said the tool maker.

The company said it is focused on providing a smooth transition to impacted employees including options for employment at other Stanley Black & Decker facilities, as well as job placement support services.

These actions, said the firm, “are aligned to the transformation strategy designed to deliver $2 billion of cost savings and are reflective of current economic conditions which highlighted needed changes in Stanley Black & Decker's production and distribution network.”

Strategic actions supporting the transformation will also enable a more focused product portfolio and strategic sourcing while delivering operational and service excellence.

“These efforts will support and strengthen Stanley Black & Decker’s core business, drive financial performance, and enable investments to ensure sustainable future growth,” said the company.

Headquartered in Connecticut since 1843, Stanley Black & Decker today has more than 40 manufacturing facilities and nearly 19,000 employees in the U.S.

Over the past five years, said the company, it has grown its U.S. employee population by more than 5,000 across its Tools & Outdoor business, and invested over half its capital expenditures in the U.S. totaling $1 billion.