At Stanley Black & Decker, our manufacturing footprint reflects our commitment to our customers and to our company’s “Make Where We Sell” strategy. Since our founding in 1843, Stanley Black & Decker has made best-in-class innovative products in the U.S. using materials from around the world, including the world’s first retractable tape measure and state-of-the-art cordless drills. That rich history of manufacturing and innovation continues today.
However, trade policy and tariffs (largely applied on components we bring into the U.S. from our global supply chain for our U.S. workers to assemble various products) have imposed significant headwinds on our company over the last several years.
While we support the goal of brokering fairer commercial trade relations between the U.S. and China, we believe that the current China-301 tariff regime imposes unintended commercial consequences on some manufacturers. Current 301 tariffs deter U.S. companies from making finished goods in the U.S. The tariff headwinds have limited our ability to execute the “Make Where We Sell” strategy to bring more manufacturing back to the U.S.
Companies that prioritize building and employing in the U.S. are significantly disadvantaged by these tariffs. Until these issues are resolved, we will continue to urge Congress and the administration to work with the industry on alleviating this burden.
Stanley Black & Decker’s U.S. Presence
We are proud to employ more than 17,000 people across 49 manufacturing facilities in the U.S. Roughly 40% of the products that we manufacture and sell in the U.S., are made in the U.S. with global materials, which is key to our company’s “Make Where We Sell” strategy here in America and elsewhere across the globe. For example, our employees make tape measures in New Britain, Connecticut, CRAFTSMAN toolboxes in Sedalia, Missouri and DEWALT power tools in Jackson, Tennessee and Fort Mill, South Carolina.
For several years, and on an ongoing basis, we have been increasing production in the U.S., building new factories, adding jobs, and contributing to our national and local economies and communities. We have also brought more manufacturing jobs back to the U.S., increasing our manufacturing workforce by 40 percent since 2015.
Beginning in 2021 and continuing for the next several years, Stanley Black & Decker aims to reduce its manufacturing in China by 60%. Though this takes time, these product lines – including both finished goods and components – will be moving to the U.S. as well as other countries, reducing our company’s dependence on its China supply chain.
We have and will continue to take every opportunity to pursue tariff relief to the benefit of our employees, customers and stakeholders and realize our “Make Where We Sell” strategy.
To partner with companies like ours in a vision for expansion and investment in the U.S., we urge government leaders to provide incentives that allow companies to adequately and sustainably invest in the U.S. manufacturing and job creation.
New CRAFTSMAN Manufacturing Facility in Texas
Supporting a sustainable strategy of U.S. production and innovation that recognizes consumer preference and supply chain optimization makes good business sense for Stanley Black & Decker.
The new plant in Fort Worth, TX will manufacture a wide range of CRAFTSMAN mechanics tools, including sockets, ratchets, wrenches and general sets. The plant will also leverage some of the most advanced manufacturing technologies available to optimize productivity and sustainability, including pre-flattening steel technologies to improve material yield by almost 25 percent, as well as water and energy management technologies to reduce resource consumption. The Fort Worth plant will employ approximately 500 full-time employees.