MISSION, Texas, Oct. 31, 2017 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) today announced that the world's largest tools and storage company will open a new manufacturing facility in Mission, TX. The company has signed a lease on a nearly 300,000 square foot facility that will make DEWALT power tool products. The facility will eventually support approximately 450 new jobs in the region and is expected to begin operations in early 2018.
"The opening of our third manufacturing facility in Texas augments our strategy of making where we sell, reinforcing our long-standing commitment to making in America and making in Texas," said Jeff Ansell, President of Stanley Black & Decker's Global Tools & Storage business. "We have continuously manufactured in the U.S. since 1843, and we are the first tool company to proudly bring manufacturing back to the USA in recent times. We continue to strengthen and expand our U.S.-based manufacturing capabilities and we believe that this newest expansion in Texas will enable further acceleration of our Made in the USA with global materials portfolio."
"The Mission Economic Development Corporation (Mission EDC) team has been working with Stanley Black & Decker for the past several months and we are excited to see their hard work has paid off," said City of Mission Mayor Norberto Salinas. "It's a great day for Mission and a great day for the Rio Grande Valley when a company of this caliber decides to invest in our region. These are exactly the type of jobs that we want to attract to our city, and this investment shows that Mission is an attractive location for major employers to locate and grow."
Stanley Black & Decker operates approximately 30 manufacturing facilities in the United States, which produce a broad range of products under major brands such as STANLEY, PROTO, LISTA, VIDMAR, CRAFTSMAN and DEWALT. Over the past three years, the company has added 40% more manufacturing employees in the United States, and added manufacturing capacity in North Carolina, Tennessee, Indiana, Maryland and more.
About Stanley Black & Decker
Stanley Black & Decker, an S&P 500 and FORTUNE 500 company, is the world's leading provider of tools and storage, the world's second-largest commercial electronic security company, and a leading engineered fastening systems provider, with unique growth platforms in the Oil & Gas and Infrastructure industries. Well-known brands include: STANLEY, CRAFTSMAN, BLACK+DECKER, DEWALT, IRWIN, Lenox, Porter-Cable, Bostitch, Facom, Mac Tools, Proto, Vidmar, Lista, and more. Learn more at www.stanleyblackanddecker.com.
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SOURCE Stanley Black & Decker