Form 10-K (PDF)

Total Page:16

File Type:pdf, Size:1020Kb

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. Yes No Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes No Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one): Large accelerated filer Accelerated filer Non-accelerated filer (Do not check if a smaller reporting company) Smaller reporting company Indicate by check mark whether the registrant is a shell company (as defined in Exchange Act Rule 12b-2). Yes No As of June 28, 2013, the aggregate market values of voting common equity held by non-affiliates of the registrant was $12.4 billion based on the New York Stock Exchange closing price for such shares on that date. On January 24, 2014, the registrant had 155,604,921 shares of common stock outstanding. DOCUMENTS INCORPORATED BY REFERENCE Portions of the registrant’s definitive proxy statement to be filed pursuant to Regulation 14A within 120 days after the end of the registrant’s fiscal year are incorporated by reference in Part III of the Annual Report on Form 10-K. TABLE OF CONTENTS PART I ITEM 1. BUSINESS............................................................................................................................................... 3 ITEM 1A. RISK FACTORS ...................................................................................................................................... 7 ITEM 1B. UNRESOLVED STAFF COMMENTS ................................................................................................... 15 ITEM 2. PROPERTIES........................................................................................................................................... 15 ITEM 3. LEGAL PROCEEDINGS ........................................................................................................................ 16 ITEM 4. MINE SAFETY DISCLOSURES............................................................................................................ 16 PART II ITEM 5. MARKET FOR THE REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.................................................. 16 ITEM 6. SELECTED FINANCIAL DATA............................................................................................................ 18 ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS .......................................................... 20 ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.......................... 41 ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA........................................................... 41 ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE................................................................................................................... 41 ITEM 9A. CONTROLS AND PROCEDURES ........................................................................................................ 42 ITEM 9B. OTHER INFORMATION........................................................................................................................ 42 PART III ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE ................................. 43 ITEM 11. EXECUTIVE COMPENSATION............................................................................................................ 45 ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS............................................................................................... 45 ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE ................................................................................................................................... 46 ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES .......................................................................... 46 PART IV ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES................................................................ 46 SIGNATURES 47 EX-10.18c EX-10.18d EX-12 EX-21 EX-23 EX-24 EX-31.I.A EX-31.I.B EX-32.I EX-32.II 2 FORM 10-K PART I ITEM 1. BUSINESS General Stanley Black & Decker, Inc. ("the Company") was founded in 1843 by Fredrick T. Stanley and incorporated in Connecticut in 1852. In March 2010, the Company completed a merger ("the Merger") with The Black & Decker Corporation (“Black & Decker”), a company founded by S. Duncan Black and Alonzo G. Decker and incorporated in Maryland in 1910. At that time, the Company changed its name from The Stanley Works ("Stanley") to Stanley Black & Decker, Inc. The Company is a diversified global provider of power and hand tools, products and services for various industrial applications, mechanical access solutions (i.e. automatic doors and commercial locking systems), and electronic security and monitoring systems with 2013 consolidated annual revenues of $11.0 billion. The Company is continuing to pursue a diversification strategy that involves industry, geographic and customer diversification to foster sustainable revenue, earnings and cash flow growth. The Company has three primary acquisition growth platforms: Security, Engineered Fastening, and Infrastructure. The Company has made investments in its organic growth initiatives in order to drive growth across all of its businesses, and anticipates the majority of acquisition-related investments being within the three growth platforms previously mentioned. During 2013, the Company elected to place a moratorium on acquisitions to focus on its near-term priorities of operational improvement, deleveraging through improved credit metrics and returning capital to shareholders. Furthermore, two aspects of the Company's vision are to be a consolidator within the tool industry and to increase its presence in emerging markets, with a goal of ultimately generating greater than 20% of annual revenues from these markets. In 2013, approximately 47% of the Company’s annual revenues were generated in the United States, with the remainder largely from Europe (26%), emerging markets (17%) and Canada (5%). Execution of this diversification strategy has resulted in approximately $6.2 billion of acquisitions since 2002 (excluding the Black & Decker merger) and increased brand investment, enabled by cash flow generation and increased debt capacity. The acquisition of Infastech for $826.4 million in February 2013, a 60% controlling share in Jiangsu Guoqiang Tools Co., Ltd. ("GQ") for a total purchase price of $48.5 million in May 2013, and the 2011 acquisition of Niscayah Group AB (“Niscayah”) for a total purchase price of $984.5 million exemplify this strategy. Infastech is a global manufacturer and distributor of specialty engineered fastening technology based in Hong Kong. The acquisition of Infastech adds to the Company's strong positioning in specialty engineered fastening, an industry with solid growth prospects particularly in the global electronics, industrial and automotive end markets, and will further expand the Company's global footprint with
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]
  • 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.
    [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]