Stanley Black & Decker’s Consolidation of the Power Tools Market

I can’t say I follow the power tools market closely, so it was complete news to me that Stanley Black & Decker now owns all of the power tool brands I’ve ever heard of. Scroll down on this post at ToolGuyd to see a chart of their brands: Irwin, Porter Cable, Bostitch, Craftsman (!), Lenox, DeWalt, and more. All owned by the same company. I’ll be honest, I’m so out of touch with this market I didn’t realize Stanley and Black & Decker had merged. (Via Nilay Patel.)

Update: More here on the consolidation of brands in the tool industry: “Power Tool Manufacturers and Who Really Owns Them”.

Monday, 18 May 2020