Is Stanley Black and Decker leaving China?
As reported in the South China Morning Post (SCMP), Stanley Black & Decker has closed its Shenzhen factory, “[laying] off all of its 1,000 workers after 25 years of operations.” This, according to the SCMP, “reflects the changing business environment in the world's second-biggest economy.” In reality, however, it ...
Did Black and Decker go out of business?
On March 12, 2010, Black & Decker merged with Stanley Works to become Stanley Black & Decker. It remains as a wholly owned subsidiary of that company.
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Black+Decker.
| Logo since 2014 |
| Type |
Subsidiary |
| Founded |
September 1910 (as "The Black & Decker Manufacturing Company") in Baltimore, Maryland, (U.S.A.) |
10 more rows
Is Black and Decker made in China?
Cohen cites the example of Stanley Black & Decker. Although the world's largest tool company has a manufacturing footprint in North America and Europe, the vast majority of its manufacturing has been in China. Cohen says Stanley Black & Decker must consider a “make or make” decision.