Stanley is buying Black & Decker - Page 2

Stanley is buying Black & Decker · 11-03-2009, 10:12 AM

Stanley Works is buying rival Black & Decker for $4.5 billion, the new company will be known as Stanley Black & Decker.

Now they will have a big hand tool line among there power tools, what's next ?

Any opinions ?

CarvedTones · 11-04-2009, 09:05 AM

Originally Posted by DavidF

Are we all not being a bit rude to one of our members that is going to be a big part of this new venture? Where is the respect we were bragging about last week. If Nick wasn't a member it might be different, but he is. Actually those two brands are some of my oldest and most used tools, I have no complaints about either of them

I offered a little humor on the name earlier, but I do think a lot of the two. I have a few Stanley planes, tapes and levels. B&D yard tools, DeWalt router and PC Mag circy saw. Good stuff. IMO, one of B&D's greatest innovations is not a power tool at all and nearly all of us own one or an imitation - the WorkMate.

JimmyC · 11-04-2009, 12:34 PM

Originally Posted by DavidF

Are we all not being a bit rude to one of our members that is going to be a big part of this new venture? Where is the respect we were bragging about last week. If Nick wasn't a member it might be different, but he is. Actually those two brands are some of my oldest and most used tools, I have no complaints about either of them

Actually I think that Nick is retired from the plastics industry and just posted a statement, so ease up. But on the other hand I only have two pieces of B&D equiptment (left) and they are a metal 1hp. router and a professional Worm drive circ. saw and the both work like horses, but being realistic they are almost 30 years old and B&D quality hasn't been up there for the last 20 years. I also have lots of Stanley hand tools, mostly construction, and they have served me very well. So I stand by my statement that I hope Stanley does the controlling otherwise we will see poorer quality tools.

JMTCW

Added: I also have a B&D Workmate that is quality, I bought it for my father in the late 70's, and now I use it.

DavidF · 11-04-2009, 12:38 PM

Originally Posted by JimmyC

Actually I think that Nick is retired from the plastics industry and just posted a statement, so ease up. But on the other hand I only have two pieces of B&D equiptment (left) and they are a metal 1hp. router and a professional Worm drive circ. saw and the both work like horses, but being realistic they are almost 30 years old and B&D quality hasn't been up there for the last 20 years. I also have lots of Stanley hand tools, mostly construction, and they have served me very well. So I stand by my statement that I hope Stanley does the controlling otherwise we will see poorer quality tools.

JMTCW

From WoodNicks post on the same subject:

"I will become the Executive Chairman of the new company, and John Lundgren, Stanley’s
current Chairman and Chief Executive Officer, will become the President and CEO of Stanley
Black & Decker. We are in the process of identifying the key leaders for the combined
company’s operating units. The new company will be headquartered in New Britain, CT, and
Towson will remain the Power Tools headquarters. "

Unless I am reading this wrong, then Nick is very much still involved.

woodnick · 11-04-2009, 12:52 PM

I'm sorry to confuse you but when i copied the notice I see I left off Nolan's name. But with that I think there are product's from any company that we all like and dislike. There are some from both B&D and Stanley that I won't have in my shop. (again sorry about any confusion)

JimmyC · 11-04-2009, 12:55 PM

Thanks Nick,
But I wasn't easily confused. I'll bet that do wish that you had the CEO of B&D's money though

.

Travis Porter · 11-04-2009, 01:41 PM

Actually, all of the press and info I have seen on the new Delta Unisaw has been positive. It looks to be a well made machine, to quote Delta "it is made in the USA of US and foreign made components", has an excellent riving knife system, and I would not mind having one.

I have the Delta BOSS sander, and although small, it has served me well.

They do make some decent/good tools. The DeWalt 625 router is actually a relabled/rebranded Elu and it is excellent IMO.

They also make some junk, and it equates to some of the stuff that you may get at Harbor Freight. I wonder whatever happened with the battery operated crescent wrenches?

DavidF · 11-04-2009, 02:07 PM

Originally Posted by woodnick

I'm sorry to confuse you but when i copied the notice I see I left off Nolan's name. But with that I think there are product's from any company that we all like and dislike. There are some from both B&D and Stanley that I won't have in my shop. (again sorry about any confusion)

. Just as well, with all the insults that were being thrown out there..

froglips · 11-04-2009, 04:06 PM

Me again. The insults were not leveled at Nick, nor personal. They were about two mega-corporations merging.

I too thought Nick was becoming the CEO

I do lament the loss of the Porter Cable line of tools. They made my favorite corded drill. But, I understand that they would be unlikely to keep both Porter Cable and Dewalt corded drills. And who wouldn't give their right arm for a return of that old Porter Cable worm drive belt sander?

But I digress.

I too have a Workmate. Now, were they to mess with that, then look out!!!

Jim

ashley_phil · 11-04-2009, 04:27 PM

Originally Posted by DavidF

. Just as well, with all the insults that were being thrown out there..

i dare say it might do the CEO's of both of these companies some good to hear/read these complaints/insults.

FredP · 11-04-2009, 04:53 PM

Originally Posted by ashley_phil

i dare say it might do the CEO's of both of these companies some good to hear/read these complaints/insults.

wouldnt make a difference. look at festool and B&D side by side. festool's plan is build high end and sell high end. they make a profit. B&D on the other hand build low end and sell cheap. they too make a profit. festool sells 100 items and makes 100 dollars per unit. B&D only makes 10 dollars profit per unit BUT they sell 1,000,000 of them. let's face it we woodworkers have a need [want] to buy quality tools. but joe home owner just needs to get this repair done and the 20 dollar drill gets it done for him. he may never use it again and if he does it will likely be out of warranty when it quits so he gets another 20 dollar drill and doesnt worry about it. B&D targets those homeowners needs and as long as they make a profit for the share holders the plan aint gonna change.

Gotcha6 · 11-04-2009, 08:58 PM

B&D on the other hand build low end and sell cheap. they too make a profit. festool sells 100 items and makes 100 dollars per unit. B&D only makes 10 dollars profit per unit BUT they sell 1,000,000 of them. let's face it we woodworkers have a need [want] to buy quality tools. but joe home owner just needs to get this repair done and the 20 dollar drill gets it done for him. he may never use it again and if he does it will likely be out of warranty when it quits so he gets another 20 dollar drill and doesnt worry about it. B&D targets those homeowners needs and as long as they make a profit for the share holders the plan aint gonna change.

IIRC someone posted a statement here some months ago saying research showed the average power drill was used by a homeowner <8 hours in its lifetime. Tool manufacturers are 'value engineering' tools for that market - hence, HF.
No doubt the new honchos will eliminate duplicate product lines much like Chrysler & GM had to do. They may even offer some incentives to close out some old lines. I'll be watching to see what falls out.
As for the Workmate, I have one too. The first thing I did with it was take off the PB tops & replace them with PW. Except for the leg hinges giving way so it'll only set up at the lower height (fine for a benchtop tablesaw base), it's still a good tool to have.
I like to see companies trying to maintain a manufacturing base in the US. We can't ALL work in retail or health care. Somebody's gotta MAKE something. Otherwise we'll fall victim to our trade deficit. It may be too late already. Like it or not, the overseas shipping container has been the biggest influence on the US economy of the last 30 years - and they are usually used one way only.
Okay, I'll get off my soap box, now.

CarvedTones · 11-04-2009, 09:23 PM

I don't think woodworkers ae B&D's target market. Their core business is home handyman and yard tools. Most of their customers, and I speak from experience, would never consider a Festool based on price alone. It's a tough leap to make. I will probably get the Bosch jigasw I had strongly recommended in another thread and it will cost 4 times more than I have ever spent on a jigsaw before. There is still nothing wrong with my $29 Skil; I just understand its limitations, how much it costs to go to the next level and have decided it is worth it to me.

Jeff Mills · 11-04-2009, 09:32 PM

I still think this little black and decker gem is the greatest thing since sliced bread

bpeck · 11-05-2009, 11:06 AM

No insult was meant to anyone personally by my comments. I just don't like companies growing by acquisition rather than actually expanding their market through better products, research, and meeting consumer demand. I have seen far too many quality products go away because a company has bought them out and cheapened the product or simply done away with a good line. I have seen this in tools, food, IT, etc.

I haven't paid much attention to Stanley in years and am glad to hear they are trying to improve their hand tools (I do own and like old Stanley planes and stuff), as for B&D, I buy their disposable yard tools and toaster ovens. I just don't see this merger as necessarily a good move for the consumer, I hope I'm wrong and wish them and those associated with the companies the best.

Brian