Black & Decker

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Black & Decker Corporation (founded as "The Black and Decker Manufacturing Company")
Subsidiary
IndustryPower tools, home improvement products, hardware, fastening technology
FoundedSeptember 1910; 109 years ago (1910-09) (as "The Black & Decker Manufacturing Company") in Baltimore, Maryland, (U.S.A.)
FounderS. Duncan Black (1883-1951)
Alonzo G. Decker (1884-1956)
Defunct12 March 2010 Edit this on Wikidata
Headquarters,
U.S.[1]
Key people
Nolan D. Archibald ceo
ProductsPower tools
Revenue$11.41 billion (FY2016)[2]
$965.3 million (FY2016)[2]
Number of employees
27,000
ParentStanley Black & Decker
WebsiteConsumer website
A Black and Decker cordless drill

Black & Decker Corporation is an American manufacturer of power tools, accessories, hardware, home improvement products and technology based fastening systems headquartered in Towson, Maryland, the county seat of suburban Baltimore County, just north of the City of Baltimore, where the company was originally established in 1910 as "The Black and Decker Manufacturing Company". On March 12, 2010, Black & Decker merged with Stanley Works to become Stanley Black & Decker.[3] It remains as a wholly owned subsidiary of that company.

History[edit]

1920 ad for the drills.
  • 1910 – "The Black & Decker Manufacturing Company" was founded by two enterprising young men at age 25, S. Duncan Black (1883-1951) and Alonzo G. Decker (1884-1956), as a small machine shop in Baltimore in September. Decker, who had only a seventh grade education met Black in 1906, when they were both 23-year-old workers at the Rowland Telegraph Company, two years before. With only $1,200 (one thousand, two hundred dollars) between them, one of their first jobs is designing machinery for making milk bottle caps and candy dipping.[4]
  • 1912 - Black and Decker "Hexagon" logo symbol introduced symbolizing the hexagonal bolt nut common to all machine shops.
  • 1917 – Black & Decker invented the familiar portable electric drill, obtaining a patent for a hand-held drill combining a pistol grip and trigger switch.[5] Its logo, a hexagon, was used in one form or another from 1912 to 2014; it represents a hexagonal nut, a universal fastener.[6]
  • –– For many decades the director of design was Glenn Calvin Wilhide, a friend of Walter Gropius and other leading industrial designers of the day. Wilhide filed many US patents for Black & Decker.
  • 1917 – Received a patent for the pistol grip and trigger switch on its drill. The first factory was opened in Towson, Maryland, the county seat of suburban/rural Baltimore County, just a few miles north of Baltimore City; the company is still headquartered there today.
  • 1919 - Company reaches one million dollars ($1,000,000) in sales at new factory in Towson, Maryland, nine years after its founding.
  • 1928 – Acquired Van Dorn Electric Tool Company of Cleveland, Ohio.
  • 1936 – Common stock begins trading on the New York Stock Exchange.
  • 1941 August – The patent (filed by Wilhide) was granted for a portable power driven tool unit USD129046 S, which is the famous drill known today.
  • 1943 – Received the 'Army-Navy "E" Award' for production, one of four World War II (1939/1941-1945) citations awarded to the company.
  • 1949 – First Black & Decker U.S. trademark awarded four years after filing in 1945.
  • 1951 - Alonzo G. Decker, Sr. becomes President of the Company
  • 1960 – Acquired DeWalt from American Machine and Foundry.
  • 1975 – Francis P. Lucier succeeded son of one of the founders Alonzo G. Decker, Jr.(1908-2002), as chairman of the board, the first time a family member did not hold the post.
  • 1984 – Acquired small-appliance business from General Electric Company.
  • 1986 – Nolan D. Archibald is named chief executive officer.
  • 1989 – Acquired Emhart Corporation[7] which includes the brand names Kwikset, Price Pfister faucets, Molly wall anchors, POP rivets, True Temper (both hardware and sports equipment) and other consumer and commercial products. Inducted into the Space Foundation's Space Technology Hall of Fame for its cordless power tool achievements and contributions to NASA's Gemini and Apollo programs.
  • 1990 - True Temper hardware is sold to Huffy, and then sold to US Industries (owner of Ames) which later became Ames True Temper, which is now owned by Griffon Corporation.
  • 2000 – Alonzo G. Decker, Jr. resigns from the board, at age 92, two years before his death.[8]
  • 2010 – Black & Decker merges with Stanley Works to become Stanley Black & Decker.[9]
  • 2017 - Stanley Black & Decker purchases Craftsman from Sears (Sears, Roebuck & Company).[10]

As of 2017Q4, the following list represents SWK's (STANLEY Black & Decker) brand portfolio:[11]

  • STANLEY (formerly known as The Stanley Works, started as Stanley's Bolt Manufactory, founded by Frederick Trent Stanley in 1843, and merging with the Stanley Rule and Level Company founded by Henry Stanley)
  • Black+Decker

Former brands and subsidiaries[edit]

References[edit]

  1. ^ "Black & Decker - Profile". Zoominfo.com. Retrieved 2 October 2019.
  2. ^ a b Black & Decker annual income sheet via Wikinvest
  3. ^ "Stanley and Black & Decker Complete Merger" (Press release). Stanley Black & Decker. 2010-03-12. Archived from the original on 2010-04-15. Retrieved 2010-03-19.
  4. ^ Somerville, Sean (1997-01-05). "Alonzo G. Decker: He's still a company man Founder's son: Alonzo G. Decker Jr., son of one of the founders of Black & Decker, helped spark the do-it-yourself movement. As he approaches his 89th birthday, he maintains his connection to the family business". The Baltimore Sun. Retrieved 2014-01-22.
  5. ^ US patent 1,245,860, S. D. Black & A. G. Decker, "Electrically driven tool", issued 1917-11-06 
  6. ^ "Black & Decker 100-year anniversary site". blackanddecker100years.com. Archived from the original on 2018-02-06. Retrieved 13 April 2018.
  7. ^ "Emhart Corporation Records". archives.lib.uconn.edu.
  8. ^ Kelly, Jaques; Frederick N Rasmussen (2002-03-23). "Alonzo G. Decker Jr., 94; Engineer, Power Tool Innovator". Los Angeles Times. Retrieved 2014-01-22.
  9. ^ "Stanley And Black & Decker Complete Merger". The Street. Archived from the original on 2012-03-20.
  10. ^ "Sears sells iconic Craftsman brand for $900 million". Retrieved 2017-01-05.
  11. ^ "Our Brands". stanleyblackanddecker.com. 15 March 2017. Retrieved 13 April 2018.
  12. ^ "Weiser Lock - Keyless Entry - Door Hardware - Smart Locks". ca.weiserlock.com.

Further reading[edit]

External links[edit]