NEW BRITAIN — The stalwart Stanley Black & Decker was the focus last week of U.S. Sen. Chris Murphy’s weekly manufacturing spotlight, "Murphy’s Monday Manufacturer."
Founded in 1843 by Frederick Stanley, New Britain’s first mayor, the present Stanley Black & Decker headquarters remain in New Britain with facilities in Farmington, Danbury, and Shelton, and in 50 countries.
With the help of more than 50,000 employees, more than 1,500 of whom are in the state, Stanley has become the world’s largest tools and storage company, the world’s second largest commercial electronic security company, and a leading provider of engineered fastening systems. The company manufactures tape measures, automatic doors, and engineered fasteners out of their Connecticut facilities.
Over the past decade, Stanley has grown from a $2 billion company to one generating upwards of $11 billion.
It is a Fortune 500 corporation and a component of the S&P 500 Index. Stanley is also a major sponsor of Connecticut hospitals, including the Hospital for Central Connecticut, Hartford Hospital and the Connecticut Children’s Medical Center.
The company also supports local building projects through Habitat for Humanity and Rebuilding Together. The manufacturer recently donated $500,000 to conduct lead abatement in 60 New Britain homes where children reside.
"For 170 years, Stanley has distributed tools to millions of customers all over the world. They’ve employed thousands of Connecticut men and women and supported the neighborhoods they reside in, helping families across our state get the safe housing and medical care they deserve," said Murphy.