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Early History. Alonzo G. Decker and S. Duncan Black, two industrial tool designers and engineers, formed The Black & Decker Manufacturing Company in September 1910. With $600 from the sale of Black's second-hand car and a loan of $1,200, they set up a machine shop in a rented warehouse in Baltimore, Maryland.
Black+Decker. 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 History. Discover the pioneering history of BLACK+DECKER®. From a modest machine shop in Baltimore to the surface of the moon, we’ve proudly provided innovative solutions for over a century. 1910.
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The Black & Decker Corporation is the world's largest manufacturer of small power tools and electric lawn and garden tools with sales of $4.94 billion in 1997, compared to $4.91 billion in 1996. Black & Decker is a world leader in the production of specialty fastening systems, glass container-making equipment, steel golf club shafts, and security h...
Black & Decker's overall sales have been growing at a slow but steady pace, increasing from $4.76 billion in 1995 to $4.91 billion in 1996 and $4.94 billion in 1997. Of the company's 1997 sales, 42 percent were generated by its power tools division; 14 percent came from commercial and industrial products; 13 percent from household products; 12 perc...
Analysts seem to approve of Black & Decker's latest moves. Zacks Investment Research granted the company a "strong buy" rating. Part of this may be due to the company's sale of the home appliance line and return to its roots in the power tool business. Since the announcement of the sale in January of 1998, Black & Decker's stock price has risen clo...
In 1910 two young men in Baltimore, Maryland, S. Duncan Black and Alonzo G. Decker, started The Black & Decker Manufacturing Co. with an initial investment of $1,200. They built specialized machinery, including a milk bottle cap machine, a vest pocket adding machine, a postage stampsplitting and coiling machine, machinery for the U.S. Mint, a candy...
A November 1996 Washington Timesarticle reported, "Black & Decker's business strategy in the 1990s has been straight from the business school textbooks: get back to core operations, boost product development, divest extraneous holdings, and cut the fat out of manufacturing processes and management to improve margins." Innovative product development...
Ownership: Black & Decker is a publicly owned company traded on the New YorkStock Exchange. Ticker symbol:BDK Officers:Nolan D. Archibald, Chmn., Pres. & CEO, 54; Thomas M. Schoewe, Sr. VP & CFO, 45; Leonard A. Strom, Sr. VP Human Resources, 52; Charles E. Fenton, Sr. VP & Gen. Counsel, 49 Employees:28,600 Principal Subsidiary Companies:Black & Dec...
Because Black & Decker manufactures not only appliances and tools, but also commands a huge worldwide market for its fastening systems (blind riveting; stud welding, and assembly systems; specialty screws; prevailing torque nuts and assemblies; insert systems), and is diversified in other areas such as security hardware, it was somewhat buffered ag...
The growth of the "do-it-yourself" and home improvement market after World War II, along with the maturing of the "baby boom" generation (as they began to buy and remodel homes) benefited Black & Decker greatly, and the company situated itself to take advantage of the trend toward home improvement. However, increased competition by tool companies s...
Black & Decker manufactures power tools and accessories, electric lawn and garden tools, glass container-making equipment, security hardware, and many other lesser-known products. These are marketed under various brand names such as Price Pfister, Kwikset, DeWalt, Brew N Go, and Alligator, among others. As part of Black & Decker's long-held reputat...
1910:
1. The Black & Decker Manufacturing Co. founded
1916:
1. Markets the first portable 1/2" electric drill
1917:
1. Opens first plant in Towson, Maryland
Our history is filled with inspiring stories of innovation, strong performance and a sense of responsibility – pillars that will continue to serve us well and drive us forward. Operating in a sustainable way and being a force for good is a great responsibility. Our quest for innovation is relentless. Our pursuit of positive change is constant.
Inspired by the computer mouse, BLACK+DECKER® launches the MOUSE® Sander. Ergonomic and easy-to-use, the convenient sander becomes a best seller. 2010. Go Anywhere. Reach Anything. Small in size, big on power, BLACK+DECKER® launches the FLEX™ Vac, which features a 4-foot flexible hose and a high-performance cyclonic motor. 2010.
Headquartered in the Baltimore suburb of Towson, Black & Decker developed the world’s first portable electric drill in 1916. Though they originally marketed their invention to factory owners, company founders Alonzo Decker and Duncan Black realized that a wider market existed when the drills began disappearing from workplaces. Black & Decker ...
