Stanley Black's (SWK) acquisition of Excel Industries will enable it to strengthen product offerings and boost its footprint in the outdoor products end market.
Stanley Black & Decker (NYSE: SWK) announced today it is launching a 5-year, up to $25 million commitment to fund vocational skills training and reskilling programs in the construction and manufacturing sectors. Beginning Oct. 1, nonprofits around the globe can apply for grants as part of the "Empower Makers" Global Impact Challenge. The program is a critical component of Stanley Black & Decker's corporate social responsibility program that includes a goal to empower 10 million makers by the yea
Stanley Black & Decker, Inc. (NYSE: SWK) has agreed to acquire Excel Industries for $375 million in cash. Excel Industries is a designer and manufacturer of premium commercial and residential turf-care equipment under the brands of Hustler Turf Equipment and BigDog Mower Co. Excel Industries expects to achieve over $375 million in revenue for FY21. The Hesston, Kansas-based company has approximately 600 employees. Excel Industries serves ~1,400 active independent equipment dealer outlets that st