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Posted: Fri Jan 06, 2017 1:40 pm
Stanley Black & Decker Announce Opening of New U.S. Plant After Trump Win
Stanley Black & Decker, one of the U.S.A.’s most well known hand and power tool manufacturers, has unveiled plans to move some manufacturing back to the U.S. after the election of Donald J. Trump to the White House.
In remarks to investors during a Thursday conference call, Stanley Black & Decker CEO James Loree said it just makes “business sense” to move manufacturing back to the U.S., especially given the uncertainty of trade relations with China and Mexico, USA Today reported.
“It’s going to be advisable to have more manufacturing in the U.S.,” Loree added.
“We believe this is an excellent opportunity to re-Americanize and revitalize this legendary brand,” he concluded.

Stanley Black & Decker, one of the U.S.A.’s most well known hand and power tool manufacturers, has unveiled plans to move some manufacturing back to the U.S. after the election of Donald J. Trump to the White House.
In remarks to investors during a Thursday conference call, Stanley Black & Decker CEO James Loree said it just makes “business sense” to move manufacturing back to the U.S., especially given the uncertainty of trade relations with China and Mexico, USA Today reported.
“It’s going to be advisable to have more manufacturing in the U.S.,” Loree added.
“We believe this is an excellent opportunity to re-Americanize and revitalize this legendary brand,” he concluded.
