Stanley Black & Decker

Total Page:16

File Type:pdf, Size:1020Kb

Stanley Black & Decker STANLEY BLACK & DECKER Investor Overview Version: 7.8.13 Cautionary Statements This presentation contains “forward looking statements,” that is, statements that address future, not past events. In this context, forward-looking statements often address our expected future business and financial performance and financial condition, and often contain words such as: “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. These statements are based on assumptions of future events that may not prove accurate. They are also based on our current plans and strategy and such plans and strategy could change in the future. Actual results may differ materially from those projected or implied in any forward- looking statements. Please refer to our most recent SEC filings, including our 2012 Annual Report on Form 10-K, subsequently filed Quarterly Report on Form 10-Q, as well as our other filings with the Securities and Exchange Commission, for detailed information regarding factors that could cause or contribute to actual results differing materially from those expressed or implied in such forward-looking statements. We do not undertake to update our forward-looking statements. This presentation also contains non-GAAP financial information, including CFROI. CFROI is defined as cash flow from operations less capital and software expenditures* divided by year end capital (debt plus equity* less cash). CFROI is considered important as it is a cash based measure of value creation that ties our strategic focus to returns. Reconciliations of other non-GAAP measures are provided in our quarterly press releases announcing financial results, and may be found in the accompanying appendix. We use this information in our internal analysis of results and believe that this information may be informative to investors. *Excluding M&A Charges/Payments Investor Overview 2 Contents SWK Overview Pages 4 – 16 CDIY Pages 17 – 20 Industrial Pages 21 – 27 Security Pages 28 – 31 Emerging Markets Pages 32 – 34 Acquisitions & Integrations Pages 35 – 38 Stanley Fulfillment System Pages 39 – 43 Financial Highlights Pages 44 – 50 Current Results & Outlook Pages 51 – 55 Appendix Pages 56 – 61 Investor Overview 3 A Diversified Global Leader Stanley Black & Decker (NYSE: SWK) 2012 Revenue: ~$10.2B Market Cap: $12.8B Cash Dividend Yield: 2.5% Dividend Paid Consecutively For 136 Years; Increased For 45 Consecutive Years Security $2.4B • Convergent Security • Mechanical Access Security • Healthcare CDIY $5.2B CDIY • Professional Power Tools Industrial • Hand Tools & Storage • Consumer Products Group Industrial $2.6B • Fastening & Accessories • Industrial & Automotive Repair • Engineered Fastening • Infrastructure Building World Class Branded Franchises With Sustainable Strategic Characteristics That Create Exceptional Shareholder Value Market Cap & Dividend Yield Are As Of Market Close 7/5/13 $79.07 Investor Overview 4 Expanding Geographic Reach Nearly Half Of Our Revenues Still Generated In The U.S. Stanley Black & Decker Segments Canada 6% 10% CDIY Security Industrial Australia 2% 10% 4% Japan 2% 15% 7% 13% 19% 16% 48% 44% 27% 19% 44% 45% 52% 27% U.S. Europe Emerging ROW Markets Emerging Markets ~16% Of Revenue With Inclusion Of Infastech Goal Of 20%+ By 2016/2017 Global Emerging Markets Represent A Significant Opportunity For Organic Growth Investor Overview 5 Global Brand Power A Powerful Portfolio Of Well Managed Brands Unveiled Refreshed Stanley Logo June 2013… Gradual Rollout Planned Investor Overview 6 Global Brand Support 125 Billion 36 Million +19% 2 Billion Brand Impressions Website Visits Stanley Awareness Impressions From (+21% vs. 2011) (+27% vs. 2011) Since 2009 Social Media Sites MAJOR LEAGUE BASEBALL PROFESSIONAL BULL RIDING NASCAR • More Attendance Than NBA, NHL & NFL Combined • 40M+ Fans, Most Not MLB Or NASCAR Fans • Our Car Will Race In All 36 Sprint Cup Events In Front • Signage In 40% Of All Games • Fastest Growing Sport Of 80M Fans • 10 Premiere Stadiums With TV Visible Signage • 60 US And Brazil Televised Events In 2012 • Marcos Ambrose: 2nd Career Victory In DEWALT And • Silvano Alves: Back To Back PBR Titles In 2011 & 2012 Stanley Branded Car At Watkins Glen International Race EUROPEAN FOOTBALL PARTNERSHIPS MOTO GP • Worlds Biggest Sport, Watched Weekly By 650M • Official Tool Provider Of Walt Disney World • World’s Premier Motorcycle Racing Series People Around The World • Over 200 Branded Signs In 40 Disney Properties • Airs In Over 200 Countries • 45% Of Brand Impressions In Asia Or Latin America Forbes Ranked Stanley Black & Decker As The 17th Most Reputable American Company In 2013 Investor Overview 7 Strategic Framework Continue Portfolio Transition Momentum • Accelerate Organic Growth • Mix Into Higher Growth, Higher Margin Businesses • Increase Relative Weighting Of Emerging Markets (Goal = 20%+ By 2016/2017) Be Selective And Operate In Markets Where: • Brand Is Meaningful • Value Proposition Is Definable And Sustainable Through Innovation • Global Cost Leadership Is Achievable Pursue Acquisitive Growth On Multiple Fronts: • Opportunistically Consolidate Tool Industry And Strengthen The Core • Build On Existing Growth Platforms (Security And Engineered Fastening) • Develop Infrastructure Growth Platform Accelerate Progress Via Stanley Fulfillment System Focused On Building Long-Term Shareholder Value Investor Overview 8 Exceeding Financial Objectives Strong Performance Against Long-Term Financial Objectives… Results 2009 – 2013E 22% CAGR • ~10-12% Total Avg. Org. Growth Sales Growth (1%) Including 2009 • 4-6% Organic Last 3 Years 4% Excluding 2009 SWK 4.3% • Mid-Teens % EPS Growth 13% CAGR Peers 4.9% GDP 3.3% Financial Performance • FCF ≥ Net Income >125% Avg. Conversion • CFROI In 12-15% Range Approaching 11% In 2012 Up 53% • Continued Growth Dividend Increased Every Year S&P: A Credit Rating • Strong Investment Grade Moody’s: Baa1 Fitch: A- …Except For Organic Growth, Which Is Now The Focus Investor Overview 9 Stock Price Performance vs. S&P 500 SWK Has Outperformed The Market Over The Long Term… 1 Year Price Performance 13.4% 3 Year Price Performance 43.6% 9.4% 27.9% 5 Year Price Performance 52.6% 10 Year Price Performance 113.9% S&P 500 -2.9% 62.1% SWK Charted To 12/31/12 …Plus, Strong Dividend Growth Has Enhanced Total Return Investor Overview 10 2016/2017 Vision Continued Journey To Building A Global Industrial Leader Revenues: $15B 20%+ From Emerging Markets 10 Working Capital Turns 15%+ Operating Margin 12-15% CFROI Security $3.5B – $4B Tools Engineered Fastening >$2B $7B – $8B Infrastructure $1B – $2B Building World Class Branded Franchises With Sustainable Strategic Characteristics That Create Exceptional Shareholder Value Investor Overview 11 Road Map To 2016/2017 Revenue Target Achieving $15B Revenue Target By 2016/2017 Will Require Growth From M&A Mid-Decade Sales Of $15.0B SWK Market Opportunity Acquired Revenue Necessary $1.6B $35B Tools To Reach Target $2.3B $35B Security $13.4B $12.7B $11.0B 5% Organic Growth $100B Industrial 20132013 Sales Sales 2016 2017 By Segment Portion of Cumulative FCF Spent On M&A To Reach Target(1) Cumulative FCF(1) / Portion Spent On M&A(2) $3.6B / 63% $5.0B / 33% (1) Cumulative From 2014 Through Respective Year. (2) Assumes Revenue Acquired At 1.0x Multiple. Investor Overview 12 Average Three Year Organic Growth Versus Peers & Economy Organic Growth Has Been In Middle Of The Pack… 12.3% 8.9% 7.1% 7.2% 6.5% 6.0% 5.0% Peer Average: 4.9% 4.3% 3.2% 2.7% 2.9% 2.9% 1.9% 1.0% 1.2% TYC MAS SPW UTX ASSA NWL SI SWK IR HON ITW DHR SNA ETN DOV …And Not Good Enough To Generate Outperformance Peer group: Assa Abloy, Danaher, Dover, Eaton, Honeywell, Illinois Tool Works, Ingersoll Rand, Masco, Newell Rubbermaid, Siemens, Snap-on, SPX Corp., Tyco, United Technologies Investor Overview 13 Growth Rate Sources: Analyst Research, Company Filings / Global GDP Source: Bloomberg, CIA Estimate Revving Up Organic Growth A Major Initiative Is Well Underway Which Yields 3 Pts Of Incremental Growth… Emerging Markets $350M Business Units For MPP Hand Tools / Power Tools / Commercial Hardware Advanced Industrial Solutions $100M “Smart” Tools & Storage Vertical Penetration Yields 3 Pts $150M Incremental Healthcare / Security Revenue US Government Growth $100M (Annualized) Healthcare / Security / Industrial Offshore Oil & Gas Pipeline Services $100M Spool Bases / Coating Tech. / Inspection Incremental Impact Continuing To Capture BDK Integration Revenue Synergies $50M ‘13 ’14 ‘15 Total: $850M +1pt +2pt +3pt …Drives $200M+ OM & Enables Strong Performance Against Target Investor Overview 14 Long-Term Capital Allocation Strategy Maintain A Hybrid Model… Long-Term Capital Allocation Objectives • Target Strong Investment Grade Credit Rating ‒ Current Adjusted Debt/Capital Ratio: 30% ‒ Current Debt/EBITDA: 2.3x • Invest Approximately 50% In Acquisitions Dividends & Acquisitions Share Repurchases • Return Approximately 50% To Shareholders In The Form Of Dividends And Share Repurchases • Since 2003, SWK Has Returned 56% Of Its FCF (GAAP) & 45% Of Normalized FCF To Shareholders • Committed To Continued Dividend Growth • These Allocations Do Not Imply A Rigid Annual Formula …A Growth Company That Returns Approximately 50% Of Its Free Cash Flow To Shareholders Investor Overview 15 Compelling Acquisitive Growth Opportunities Addressable Growth Five Acquisitive Growth Areas Market Size Characteristics Tool Consolidation
Recommended publications
  • 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27
    Case 4:13-md-02420-YGR Document 2321 Filed 05/16/18 Page 1 of 74 1 2 3 4 5 6 7 8 UNITED STATES DISTRICT COURT 9 NORTHERN DISTRICT OF CALIFORNIA 10 OAKLAND DIVISION 11 IN RE: LITHIUM ION BATTERIES Case No. 13-md-02420-YGR ANTITRUST LITIGATION 12 MDL No. 2420 13 FINAL JUDGMENT OF DISMISSAL This Document Relates To: WITH PREJUDICE AS TO LG CHEM 14 DEFENDANTS ALL DIRECT PURCHASER ACTIONS 15 AS MODIFIED BY THE COURT 16 17 18 19 20 21 22 23 24 25 26 27 28 FINAL JUDGMENT OF DISMISSAL WITH PREJUDICE AS TO LG CHEM DEFENDANTS— Case No. 13-md-02420-YGR Case 4:13-md-02420-YGR Document 2321 Filed 05/16/18 Page 2 of 74 1 This matter has come before the Court to determine whether there is any cause why this 2 Court should not approve the settlement between Direct Purchaser Plaintiffs (“Plaintiffs”) and 3 Defendants LG Chem, Ltd. and LG Chem America, Inc. (together “LG Chem”), set forth in the 4 parties’ settlement agreement dated October 2, 2017, in the above-captioned litigation. The Court, 5 after carefully considering all papers filed and proceedings held herein and otherwise being fully 6 informed, has determined (1) that the settlement agreement should be approved, and (2) that there 7 is no just reason for delay of the entry of this Judgment approving the settlement agreement. 8 Accordingly, the Court directs entry of Judgment which shall constitute a final adjudication of this 9 case on the merits as to the parties to the settlement agreement.
    [Show full text]
  • Innovate. Execute. Grow
    INNOVATE. EXECUTE. GROW. 2014 ANNUAL REPORT YEARINREVIEW.STANLEYBLACKANDDECKER.COM 01 Stanley Black & Decker is advancing global stewardship principles across our entire value chain. In 2014 we publicly shared our commitment to be economically, environmentally and socially responsible in everything that we do by unveiling ECOSMART— our company’s name for sustainability. ECOSMART emphasizes our commitment to a sustainable future and aligns with our Stanley Fulfillment System, ensuring that our products with sustainable attributes maximize their business attributes, too. In 2014, for the fourth consecutive year, we were listed on the Dow Jones Sustainability North American Index, the last two years in the IEQ Machinery and Electrical Equipment category, in recognition of our economic, environmental and social performance. We also achieved the highest attainable score on both the CDP Climate Disclosure Leadership Index and the CDP Climate Performance Leadership Index, acknowledging our ability to measure, verify, manage and reduce our energy demand and resultant carbon footprint. As we go forward, it is our aspiration to secure recognition from the Dow Jones Sustainability Index on a global level. As we build on our commitment to sustainability, we have continued with a smaller page count for this year’s Annual Report, a tradition we started in 2009. We have also transitioned to “Notice and Access” which has allowed us to reduce our print run significantly. Visit yearinreview.stanleyblackanddecker.com to view stories and pictures that bring exciting aspects of the Stanley Black & Decker story to life, to explore our financials, review our sustainable practices, and to read about our businesses, our brands and our plans for growth.
    [Show full text]
  • Final Approval Order Re NEC Settlement
    Case 4:13-md-02420-YGR Document 1942 Filed 09/05/17 Page 1 of 58 1 2 3 4 5 6 7 8 UNITED STATES DISTRICT COURT 9 NORTHERN DISTRICT OF CALIFORNIA 10 OAKLAND DIVISION 11 IN RE: LITHIUM ION BATTERIES Case No. 13-md-02420-YGR ANTITRUST LITIGATION 12 MDL No. 2420 13 This Document Relates To: [PROPOSED] ORDER GRANTING FINAL 14 APPROVAL OF CLASS ACTION ALL DIRECT PURCHASER ACTIONS SETTLEMENT WITH DEFENDANT NEC 15 CORPORATION 16 Date: August 29, 2017 Time: 2:00 p.m. 17 Judge: Hon. Yvonne Gonzalez Rogers Location: Courtroom 1, 4th Floor 18 19 20 21 22 23 24 25 26 27 28 [PROPOSED] ORDER GRANTING FINAL APPROVAL OF CLASS ACTION SETTLEMENT WITH DEFENDANT NEC CORPORATION—Case No. 13-md-02420-YGR Case 4:13-md-02420-YGR Document 1942 Filed 09/05/17 Page 2 of 58 1 On July 24, 2017, Direct Purchaser Plaintiffs (“Plaintiffs”) filed a Memorandum in Support 2 of Final Approval of Class Action Settlements, including with Defendant NEC Corporation 3 (“NEC”). The Court, having reviewed the motion, the settlement agreement, the pleadings and 4 other papers on file in this action, and the statements of counsel and the parties, hereby finds that 5 the motion should be GRANTED. 6 NOW, THEREFORE, IT IS HEREBY ORDERED THAT: 7 1. The Court has jurisdiction over the subject matter of this litigation, and the Actions 8 within this litigation and over the parties to the settlement agreement, attached hereto as Exhibit 1, 9 including all members of the settlement class and the Defendants.
    [Show full text]
  • STANLEY BLACK & DECKER, INC. Form 10-K Annual Report Filed
    SECURITIES AND EXCHANGE COMMISSION FORM 10-K Annual report pursuant to section 13 and 15(d) Filing Date: 2017-02-15 | Period of Report: 2016-12-31 SEC Accession No. 0000093556-17-000006 (HTML Version on secdatabase.com) FILER STANLEY BLACK & DECKER, INC. Mailing Address Business Address 1000 STANLEY DR 1000 STANLEY DR CIK:93556| IRS No.: 060548860 | State of Incorp.:CT | Fiscal Year End: 1230 NEW BRITAIN CT 06053 P O BOX 7000 Type: 10-K | Act: 34 | File No.: 001-05224 | Film No.: 17614632 NEW BRITAIN CT 06053 SIC: 3420 Cutlery, handtools & general hardware 8602255111 Copyright © 2017 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ANNUAL REPORT PURSUANT TO SECTIONS 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 þ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2016 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ COMMISSION FILE 1-5224 STANLEY BLACK & DECKER, INC. (Exact Name Of Registrant As Specified In Its Charter) Connecticut 06-0548860 (State Or Other Jurisdiction Of (I.R.S. Employer Incorporation Or Organization) Identification Number) 1000 Stanley Drive New Britain, Connecticut 06053 (Address Of Principal Executive Offices) (Zip Code) 860-225-5111 (Registrant’s Telephone Number) Securities Registered Pursuant To Section 12(b) Of The Act: Title Of Each Class Name Of Each Exchange On Which Registered Common Stock-$2.50 Par Value per Share New York Stock Exchange Securities Registered Pursuant To Section 12(g) Of The Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act of 1933.
    [Show full text]
  • Form 10-K (PDF)
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ANNUAL REPORT PURSUANT TO SECTIONS 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 28, 2013 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ COMMISSION FILE 1-5224 STANLEY BLACK & DECKER, INC. (Exact Name Of Registrant As Specified In Its Charter) Connecticut 06-0548860 (State Or Other Jurisdiction Of (I.R.S. Employer Incorporation Or Organization) Identification Number) 1000 Stanley Drive New Britain, Connecticut 06053 (Address Of Principal Executive Offices) (Zip Code) 860-225-5111 (Registrant’s Telephone Number) Securities Registered Pursuant To Section 12(b) Of The Act: Title Of Each Class Name Of Each Exchange On Which Registered Common Stock-$2.50 Par Value per Share New York Stock Exchange Securities Registered Pursuant To Section 12(g) Of The Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act of 1933. Yes No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. Yes No Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27
    Case 4:13-md-02420-YGR Document 1947 Filed 09/05/17 Page 1 of 62 1 2 3 4 5 6 7 8 UNITED STATES DISTRICT COURT 9 NORTHERN DISTRICT OF CALIFORNIA 10 OAKLAND DIVISION 11 IN RE: LITHIUM ION BATTERIES Case No. 13-md-02420-YGR ANTITRUST LITIGATION 12 MDL No. 2420 13 This Document Relates To: FINAL JUDGMENT OF DISMISSAL 14 WITH PREJUDICE AS TO DEFENDANT ALL DIRECT PURCHASER ACTIONS TOSHIBA CORPORATION 15 16 17 18 19 20 21 22 23 24 25 26 27 28 FINAL JUDGMENT OF DISMISSAL WITH PREJUDICE AS TO DEFENDANT TOSHIBA CORPORATION— Case No. 13-md-02420-YGR Case 4:13-md-02420-YGR Document 1947 Filed 09/05/17 Page 2 of 62 1 This matter has come before the Court to determine whether there is any cause why this 2 Court should not approve the settlement between plaintiffs and Defendant Toshiba Corporation 3 (“Toshiba”), set forth in the parties’ settlement agreement dated March 15, 2017, in the above- 4 captioned litigation. The Court, after carefully considering all papers filed and proceedings held 5 herein and otherwise being fully informed, has determined (1) that the settlement agreement should 6 be approved, and (2) that there is no just reason for delay of the entry of this Final Judgment 7 approving the settlement agreement. Accordingly, the Court directs entry of Final Judgment which 8 shall constitute a final adjudication of this case on the merits as to the parties to the settlement 9 agreement. Good cause appearing therefor, it is ORDERED, ADJUDGED, AND DECREED 10 THAT: 11 1.
    [Show full text]
  • Stanley Black & Decker, Inc. Company Brochure
    1 STANLEY BLACK & DECKER IS THE WORLD’S LARGEST TOOLS AND STORAGE COMPANY, THE WORLD’S SECOND-LARGEST COMMERCIAL ELECTRONIC SECURITY COMPANY, AND A WORLD- LEADING PROVIDER OF ENGINEERED FASTENING SYSTEMS, WITH UNIQUE AND POWERFUL GROWTH PLATFORMS IN THE OIL & GAS AND INFRASTRUCTURE INDUSTRIES. Just as it was in 1843, our passion for excellence is seen around the world in our loyal customer relationships, disciplined operations and purposeful business growth. 2 OUR HISTORY Our Numbers When you trace it all the way back, it comes down to three individuals: § 1843: STANLEY® is Founded Frederick Stanley, Duncan Black, and Alonzo Decker. § #1 in Tools and Storage For more than 175 years, we’ve been proud to continue their legacies and proud to carry their § #2 in Commercial Electronic Security names forward. § #2 in Engineered Fastening § 52,000+ Employees in 50 Countries In 1843, Frederick Stanley started a small shop in New Britain, Connecticut to manufacture bolts, hinges, and other hardware from wrought iron. With superior quality, consistent § 500,000 Products innovation, and rigorous operational improvement, Stanley’s company defined excellence, and § 150 Million Shares Outstanding (NYSE) so did his products. § 140+ Years of Consecutive Dividend Payouts § 479 Consecutive Quarters with Dividend Records In 1910, S. Duncan Black and Alonzo G. Decker started their shop, similar in size at first, in Baltimore, Maryland. Six years later they changed the world by obtaining the world’s first patent § 47 Consecutive Years of Increased Dividends for a portable power tool, and the company they built has been changing the world ever since. § 13,000+ Registered and Active Global Patents Both companies grew in parallel over the ensuing decades, amassing an unparalleled family of brands and products and an even more impressive wealth of industry expertise.
    [Show full text]
  • Marr Declaration in Support of Final Approval of LG Chem, Samsung
    Case 4:13-md-02420-YGR Document 2249-2 Filed 03/29/18 Page 1 of 130 Case 4:13-md-02420-YGR Document 2249-2 Filed 03/29/18 Page 2 of 130 Case 4:13-md-02420-YGR Document 2249-2 Filed 03/29/18 Page 3 of 130 Case 4:13-md-02420-YGR Document 2249-2 Filed 03/29/18 Page 4 of 130 EXHIBIT A Case 4:13-md-02420-YGR Document 2249-2 Filed 03/29/18 Page 5 of 130 In re: Lithium Ion Batteries Antitrust Litigation Report on Exclusions Received - LG Chem Wednesday, March 28, 2018 No. Entity Subsidiaries/Affiliates Postmark 1 MANAGEMENT TECHNOLOGIES, INC 1/11/2018 2 CONSTANCE HUBER 1/12/2018 3 MICHAEL AUGUSTINI 1/13/2018 4 MARK WATERS 1/13/2018 5 FREY AND CAMPBELL INC 1/15/2018 6 MARY JOHNSON 1/16/2018 7 KATHY LOMBARDI 1/16/2018 8 IRA BIRDSONG 1/16/2018 9 MIMI FELLNER 1/16/2018 10 NETTIE LEWIS 1/16/2018 11 GEORGE S GEIGER 1/16/2018 12 BARBARA CAMPBELL 1/17/2018 13 ROBERT WITTENBORN 1/17/2018 14 WAYNE HILCHEN 1/17/2018 15 LINDA GALLAGHER 1/17/2018 16 CHARLES WOLLASTON 1/17/2018 17 DIANA L THOMAS 1/17/2018 18 COOPER & LINK 1/18/2018 19 JERRY STARK 1/18/2018 20 CRYSTAL ATKINS 1/18/2018 21 MICHAEL FLEISCHER 1/18/2018 22 DUANE CLENDANIEL 1/19/2018 23 ANDREW BURT 1/19/2018 24 ELAINE T MACCULLOUGH 1/19/2018 25 DANIEL ADAMS 1/19/2018 26 PHYSIO-CONTROL, INC.
    [Show full text]
  • Subsidiaries of Stanley Black & Decker, Inc
    SUBSIDIARIES OF STANLEY BLACK DECKER, INC Incorporation/ Corporate Name Organization United States 3xLogic, Inc. Delaware 3xLogic Indiana, LLC Delaware 3xLogic Florida, LLC Delaware 3‐V Fastener Co., Inc. California 8 Commerce Drive, LLC California AeroFit LLC Connecticut AeroScout (US) LLC Delaware AeroScout LLC Delaware ASIA FASTENING (US), INC. Delaware B&D Holdings, Inc. Maryland BDK FAUCET HOLDINGS INC. Delaware Bagley Road LLC Ohio BLACK & DECKER (IRELAND) INC. Delaware BLACK & DECKER (U.S.) INC. Maryland BLACK & DECKER DE PANAMA LLC Maryland BLACK & DECKER FUNDING CORPORATION Delaware BLACK & DECKER GROUP, LLC Delaware BLACK & DECKER HEALTHCARE MANAGEMENT INC. Maryland BLACK & DECKER HOLDINGS, LLC Delaware BLACK & DECKER INC. Delaware BLACK & DECKER INDIA INC. Maryland BLACK & DECKER INVESTMENT COMPANY, LLC Delaware BLACK & DECKER INVESTMENTS (AUSTRALIA) LIMITED Maryland BLACK & DECKER INVESTMENTS LLC Maryland BLACK & DECKER MEXFIN LLC Delaware BLACK & DECKER PUERTO RICO INC. Delaware BLACK & DECKER SHELBYVILLE, LLC Kentucky Bristol Industires, LLC Delaware Bostitch‐Holding, L.L.C. Delaware Bulldog Barrels, LLC Pennsylvania Consolidated Areospace Manufacturing, LLC Delaware CAM International Holdings, Inc. Delaware CPE Acquisition Co. Delaware CRC‐EVANS INTERNATIONAL HOLDINGS LLC* Delaware CRC‐Evans International LLC* Delaware CRC‐Evans Pipeline International, Inc. Delaware CRC‐EVANS WELDING SERVICES, INC. Delaware Clarke Security Services Incorporated Illinois DEVILBISS AIR POWER COMPANY Delaware DIYZ, LLC Delaware DADO, Inc. F/K/A SBDLINQ Delaware Doncasters US Holdings Inc. Delaware March 9, 2021 1 SUBSIDIARIES OF STANLEY BLACK DECKER, INC Incorporation/ Corporate Name Organization United States The EAP Acquisition Co., LLC Delaware E.A. Patten Co., LLC Connecticut EMHART HARTTUNG INC. Delaware EMHART TEKNOLOGIES LLC Delaware Hardware City Associates Limited Partnership Connecticut I.D.L.
    [Show full text]
  • 2011 Annual Report
    Where We Go From Here 2011 Annual Report yearinreview.stanleyblackanddecker.com As we build on our commitment to sustainability, we have As Stanley Black & Decker continued the application of Stanley continued with a smaller page count for this year’s Annual Report, Fulfillment System (SFS) principles in 2011 the actions have a tradition we started in 2009. produced year-over-year improvements in environmental waste reduction, energy conservation and water reduction. Our global Visit www.yearinreview.stanleyblackanddecker.com to view videos manufacturing and distribution centers reported: and pictures that bring exciting aspects of the Stanley Black & Decker story to life, to explore our financials, and to read about our • 3% reduction in total waste generation, normalized businesses, our brands and our plans for growth. to production In 2011 Stanley Black & Decker was named to the North • 6% increase in amount of waste recycled, absolute American Dow Jones Sustainability Index in recognition of our • 10% reduction in paper-related waste, absolute economic, environmental and social performance. Review this • 10% reduction in energy consumption, normalized accomplishment and all our sustainability results at to production www.stanleyblackanddecker.com/company/sustainability. • 10% reduction in process water usage, normalized to production Visit yearinreview.stanleyblackanddecker.com Front Cover Left/Back Cover Right: Facom’s powerful, ergonomic tools and devices enable simpler, faster and safer work. Front Cover Center: CRC-Evans’ P625 Dual-Torch Automatic Welder produces high quality welds with high productivity in offshore projects.Front Cover Right: DEWALT 20V MAX* lithium ion cordless power tools deliver superior application speed and runtime in a lightweight, powerful package.
    [Show full text]