Sears' total first-quarter sales declined 20.3 percent, to $4.30 billion, coming in slightly higher than what analysts were anticipating.
Charlotte-area industrial developers confirm that Stanley Black & Decker Inc. is looking for a partner to build a 400,000-square-foot tool manufacturing center in northern York County. Loree has said the new plant would be one way for Stanley Black & Decker (SWK) to avoid import tariffs that the Trump administration is proposing. Stanley Black & Decker spokesman Tim Perra says it's too soon to talk about a location for any new company facilities.
Thermal imaging company Flir Systems named a former Stanley Black & Decker executive as its new CEO. James Cannon will take over the top job at the Wilsonville high tech manufacturer on June 19. Teich is retiring after nearly 20 years at Flir and more than 30 years in the thermal imaging industry.