Company Directory - Stanley Black & Decker
Company Details - Stanley Black & Decker
Stanley Black & Decker
WebsiteTowson, United States
ISIN: US8545021011
60 Locations
Stanley Black & Decker is a global provider of hand tools, power tools, and related accessories.
CCI Score
CCI Score: Stanley Black & Decker
-26.29
0.07%
Latest Event
Stanley Black & Decker's Potential Price Hike to Offset Tariffs
An NBC News article reported that amid President Donald Trump’s tariffs, several major companies—including toolmaker Stanley Black & Decker—are considering raising prices to offset rising costs. This move comes at a time when tariffs are being used as a tool by an authoritarian administration, risking increased financial burden on consumers and potentially exacerbating economic inequality.
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ACCOMPLICE
Stanley Black & Decker is currently rated as an Accomplice.
Latest Events
- MAY212025
An NBC News article reported that amid President Donald Trump’s tariffs, several major companies—including toolmaker Stanley Black & Decker—are considering raising prices to offset rising costs. This move comes at a time when tariffs are being used as a tool by an authoritarian administration, risking increased financial burden on consumers and potentially exacerbating economic inequality.
- APR242025
The OpenSecrets profile for Stanley Black & Decker highlights their political contributions and lobbying activities for the 2024 cycle, including $285,064 in contributions and $1,840,000 in lobbying expenditures, with 14 of 19 lobbyists having previous government experience, raising concerns about revolving door practices.
-40
Political Contributions and Lobbying Efforts
May 21
The reported financial contributions and substantial lobbying expenses, combined with the fact that a significant number of lobbyists have prior government experience, suggest an undue influence over public policy, which can facilitate authoritarian practices. From an anti-fascist perspective, this revolving door and political influence are concerning.
- FEB052025
Stanley Black & Decker is repositioning its supply chain and cutting China production in response to tariffs imposed by President Trump, with the CEO stating continued engagement with the Trump administration to support their goals, according to a Q4 earnings call on February 5, 2025.
-40
Executive Political Engagement
May 21
The company’s expressed intent to engage with President Trump's administration to support its trade negotiation goals indicates an alignment with policies associated with authoritarian governance. From an anti‑fascist perspective, such executive political engagement is concerning as it demonstrates a willingness to support a regime known for authoritarian tendencies.
Stanley Black & Decker continues to cut China production as tariffs emerge
- FEB052025
In response to new tariffs and in a bid to navigate shifting global trade policies, Stanley Black & Decker announced plans to further reduce its reliance on Chinese manufacturing. During a recent earnings call, the company’s executives revealed plans to continue its strategic shift away from China while actively engaging with key figures in the Trump administration to provide input on trade policy. The report also noted concurrent cost‐cutting measures including plant closures and layoffs.
-50
Executive Political Engagement
May 21
Stanley Black & Decker’s proactive engagement with members of the Trump administration, as described in the earnings call, reflects an alignment with an authoritarian political agenda. This active political engagement in shaping trade policy amid harsh tariffs is viewed negatively from an anti-fascist perspective.
Stanley Black & Decker to continue cutting its China operations
-30
Labor Relations and Human Rights Practices
May 21
The article highlights cost-cutting measures, including factory closures and layoffs which are detrimental to worker rights and welfare. This undermines labor standards and is indicative of prioritizing cost savings over human rights.
Stanley Black & Decker to continue cutting its China operations
- JAN012025
FEC filings show that the Stanley Black & Decker, Inc. Political Action Committee has raised $41,108.38 and disbursed $67,833.32. This data reflects the company’s engagement in formal political funding channels through a corporate PAC, a tool often used to influence political policy and decision-making.
-10
Political Contributions and Lobbying Efforts
May 21
The detailed FEC data indicates Stanley Black & Decker is actively utilizing its corporate PAC for political contributions. While the amounts are modest, participating in this form of political funding can be a channel for influencing policy in ways that may align with corporate interests rather than broader community or anti-authoritarian priorities. This raises concerns from an anti-fascist perspective.
- DEC202023
The U.S. Department of Labor's OSHA cited Stanley Black + Decker for several safety violations, including failure to provide required personal protective equipment and proper lockout/tagout procedures during electrical maintenance, which contributed to a maintenance electrician suffering severe burns. The company faces approximately $222K in penalties following an inspection initiated on December 20, 2023.
-60
Labor Relations and Human Rights Practices
May 21
The OSHA investigation revealed significant lapses in worker safety protocols at Stanley Black + Decker, including inadequate provision of personal protective equipment and failure to enforce proper electrical safety procedures. These oversights not only endangered employees but also reflect poorly on the company's commitment to labor rights and safety, warranting a negative score in the Labor Relations and Human Rights Practices category.
- DEC012023
In December 2023, Stanley Black & Decker faced a Department of Labor fine of approximately $222,392 after safety lapses at its Willard, Ohio facility nearly resulted in a worker suffering severe burns from an electrical arc blast during industrial oven repairs. The incident highlights critical failures in workplace safety protocols and labor protection measures.
-70
Labor Relations and Human Rights Practices
May 21
The incident underscores a significant lapse in ensuring worker safety, endangering employee health and well-being. From an anti-fascist perspective that prioritizes worker rights and protections, this failure by Stanley Black & Decker is a serious concern, reflecting inadequate labor practices and ethical responsibility.
Stanley Black and Decker fined $222K for safety violations at Ohio plant
- AUG062020
On August 6, 2020, members of the Security Division of Local 3, IBEW, employed by Stanley Black & Decker in New York and New Jersey ratified a new 3-year contract after challenging negotiations conducted via video conferencing during the pandemic.
+80
Labor Relations and Human Rights Practices
May 21
The ratification of a new 3-year union contract demonstrates Stanley Black & Decker's commitment to fair labor practices and workers' rights under challenging conditions. This event reflects positive engagement with labor, signaling support for unionized workers and progressive labor relations, which aligns with our anti-fascist focus on empowering marginalized workers.
Security Division Members Ratify Contract with Stanley Black & Decker, Inc.
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Corporate Financials
- Revenue
- 2025
- $15.00B
- Total Assets
- 2025
- $23.00B
- Operating Income
- 2025
- $2.00B
- Total Equity
- 2025
- $8.50B
Employees: 60,000
Industries
- 332216
- Saw Blade and Handtool Manufacturing
- 333120
- Construction Machinery Manufacturing
- 423840
- Industrial Supplies Merchant Wholesalers
- 444130
- Hardware Stores