Black+Decker is an American manufacturer of
power tools, accessories, hardware, home improvement products, home appliances and fastening systems headquartered in
Towson, Maryland, north of
Baltimore, where the company was originally established in 1910. In March 2010, Black & Decker merged with
Stanley Works to become
Stanley Black & Decker.[3][4] It remains a
wholly owned subsidiary of that company.
History
1910–1974
1910 – "The Black & Decker Manufacturing Company" was founded by 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, had met Black in 1906, when they were both 23-year-old workers at the Rowland Telegraph Company. With only $1,200 between them, one of their first jobs was designing machinery for making milk bottle caps and candy dipping.[5]
1912 – The Black and Decker "
Hexagon" logo symbol was introduced, symbolizing the head of a
hexagonal bolt found in machine shops. It was used in one form or another from 1912 to 2014.[6]
1917 – Black & Decker invented and
patented the hand-held electric drill with a pistol grip and trigger switch.[3][7]
–– For many decades the director of design was Glenn Calvin Wilhide, a friend of
Walter Gropius and other industrial designers of the day. Wilhide filed many US patents for Black & Decker.
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.
1989 – Acquired the Emhart Corporation[9] 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.
1996 – Sold small-appliance business to Windmere Durable Holdings.[10] In May 2000, Windmere Durable Holdings changes its corporate name to Applica Inc.[11]
2000 – Alonzo G. Decker Jr. resigns from the board, at age 92, two years before his death.[12]
2009–present
2010 – Black & Decker merges with Stanley Works to become Stanley Black & Decker.[13]
2012 – Stanley Black & Decker sells its Hardware and Home Improvement group (HHI) to
Spectrum Brands. Sale includes the lock business, as well as the related manufacturing subsidirary in Taiwan (Tong Lung).[14] As of January 2023[update], Spectrum was in negotiations to sell its HHI assets to Swedish lock manufacturer
Assa Abloy, but were making adjustments in response to the
United States Department of Justice findings of
antitrust issues.[15]
2014 – Rebranded from Black & Decker to Black+Decker[16]
2017 – Stanley Black & Decker purchases Craftsman from
Sears (Sears, Roebuck & Company).[17]
2017 –
Stovekraft entered a licensing agreement with Black+Decker to sell the latter's products in the Indian market.[18][19]
STANLEY (formerly known as The Stanley Works; started in 1843 as Stanley's Bolt Manufactory by
Frederick Trent Stanley, and merged in 1920 with the Stanley Rule and Level Company founded by Henry Stanley in 1857)