stock z/28
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- Joined
- Dec 17, 2006
- Messages
- 298
I just heard on the news that Stanley is attempting to buy Black and Decker.
I wonder what that will amount To?
Jeff
I wonder what that will amount To?
Jeff
Stanley buys Black and Decker?
- Thread starter stock z/28
- Start date
Stuey
Well-known member
Yep. Stanley power tools, here we come!
boiler7904
Well-known member
The lineage of tools under the B&D, DeWalt, Delta, Porter Cable, Emglo, Jenny, Rockwell names is getting harder and harder to follow with all of the industry takeovers and consolidations. In any case, it is not good for overall quality of once respected brands.
Looks like it is more of a merger than a takeover. Can't help but wonder what it means for duplicate or triplicate tool lines like pnuematic nailers and staplers and air compressors. Stanley Bostitch, DeWalt, and Porter Cable each have a line.
B&D isn't exactly a Made in the USA powerhouse with a few exceptions.
Since B&D / DeWalt bought Porter Cable and Delta a couple of years ago, PC is going down hill fast. Current PorterCable is quickly replacing the recent B&D homeowner grade tools. Take a 4 or 5 year old PC tool and compare it to a current PC tool (except for some quality woodworking tools like routers, biscuit jointer, heavy duty belt sanders that still exist). There is no comparison between the two and that is there product placement / marketing plan in action as sick as it may be.
Consolidation and off shore production are the ways of the future for tool manufacturers. The way the housing market tanked followed by commercial construction (which still hasn't hit bottom - wait for that impact on the economy) tool companies don't have a choice if they want to exist once things turn around.
Looks like it is more of a merger than a takeover. Can't help but wonder what it means for duplicate or triplicate tool lines like pnuematic nailers and staplers and air compressors. Stanley Bostitch, DeWalt, and Porter Cable each have a line.
B&D isn't exactly a Made in the USA powerhouse with a few exceptions.
Since B&D / DeWalt bought Porter Cable and Delta a couple of years ago, PC is going down hill fast. Current PorterCable is quickly replacing the recent B&D homeowner grade tools. Take a 4 or 5 year old PC tool and compare it to a current PC tool (except for some quality woodworking tools like routers, biscuit jointer, heavy duty belt sanders that still exist). There is no comparison between the two and that is there product placement / marketing plan in action as sick as it may be.
Consolidation and off shore production are the ways of the future for tool manufacturers. The way the housing market tanked followed by commercial construction (which still hasn't hit bottom - wait for that impact on the economy) tool companies don't have a choice if they want to exist once things turn around.
Wasn't sure how long it was, but 49 would qualify as "some years back."
boiler7904
Well-known member
oh oh what will snap-on and Danaher do now....?? Buy Milwaukee or... Bosch ??
I doubt that the Chinese would sell the Milwaukee line back to an American company. Bosch could buy SO or Danaher if they wanted - don't think it would work so well the other way around as large as Bosch is worldwide.
Tool Pants
Well-known member
I did not realize Black & Decker bought DeWalt that long ago. But I was only 4 years old.
http://www.blackanddecker.com/CustomerCenter/Company-Information.aspx
About 20 years ago we had a local B&D repair facility that also sold stuff, including DeWalt. DeWalt was the pro line and B&D was the consumer line. There was a parking lot sale back then and I bought a refurbished DeWalt router. I thought that was around that time B&D bought DeWalt. Did not know it was in 1960.
Then Bosch bought Skill and made Skill their consumer line. We had, long ago, a local Skill repair facility, and then one day the Bosch name went up.
Then Stanley the "global" company bought names such as Proto and Facom, and so on.
Makes me sad. But at least I bought my stuff years ago so I do not have to look at a China sticker.
http://www.blackanddecker.com/CustomerCenter/Company-Information.aspx
About 20 years ago we had a local B&D repair facility that also sold stuff, including DeWalt. DeWalt was the pro line and B&D was the consumer line. There was a parking lot sale back then and I bought a refurbished DeWalt router. I thought that was around that time B&D bought DeWalt. Did not know it was in 1960.
Then Bosch bought Skill and made Skill their consumer line. We had, long ago, a local Skill repair facility, and then one day the Bosch name went up.
Then Stanley the "global" company bought names such as Proto and Facom, and so on.
Makes me sad. But at least I bought my stuff years ago so I do not have to look at a China sticker.
old salvage
Well-known member
Maybe Stanley will mandate that **** & Decker up their quality from 'junk' to 'useable'.
The last couple B&D things I've bought seem almost unsafe.
The last couple B&D things I've bought seem almost unsafe.
Art From De Leon
Well-known member
You made a funny!
scooby074
Well-known member
This is bad. Smells alot like the merger between Chrysler and Daimler. Seems B&D has quite a stash of cash on hand. Stanley is after that.
I can only imagine whats going to happen to BD after Stanley is through cheapening the BD lineup. Dewalt is going to be the first victim.
Oh.. and theres already talk of job losses. "Less than 4000" was the figure being thrown around by management. Id bet its closer to 3999 than 3001 though.
I can only imagine whats going to happen to BD after Stanley is through cheapening the BD lineup. Dewalt is going to be the first victim.
Oh.. and theres already talk of job losses. "Less than 4000" was the figure being thrown around by management. Id bet its closer to 3999 than 3001 though.
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So who owns who in the power tool trade? I had a mid-2000s Porter Cable cordless drill (ex-GF now has it) and have a German made Bosch corded drill from the 1990s. I've been looking at power tools at Home Depot and Menards, and Bosch and Milwaukee always stand out for me.
RB
RB
lbgradwell
Well-known member
Wow. This is big. And probably not good...
Ross
Well-known member
Milwaukee was bought by Techtronic of Hong Kong in 05. Porter Cable was bought by Black and Decker in 04. Bosch is made up of over 200 subsidiary companies with their main business being the worlds largest auto part supplier, power tools are just a minor sideline. Metabo and Fein appear to still be fairly independent and from Germany. Hilti also appears to be privately held in Liechtenstein.
sjt78
Well-known member
Milwaukee's quality has been going down since it was bought out. I don't have much faith that this current merger between B&D and Stanley will be much different.
back2class
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- Joined
- Jan 7, 2009
- Messages
- 2,723
I think it may be a good thing. Stanley does not make much junk. B&D on the other hand makes nothing but ****. And it is sad how piss poor they have made the PC line of tools since the takeover. The real problem is the short sighted nature of Mgmt. They push for better numbers without real concern for long term health of the brand. Driven partly by less long term staff and mostly by needing to hit certain stock expectations.
But I worry about B&D crapifying Stanley or at least pusging STanley further in that poor direction they have been going with their tools from MAC and Stanley.
But I worry about B&D crapifying Stanley or at least pusging STanley further in that poor direction they have been going with their tools from MAC and Stanley.
boiler7904
Well-known member
As far as the major power tool brands go:
B&D / Stanley = B&D, DeWalt, Delta, Stanley Bostitch, and Porter Cable
Techtronic = Milwaukee, Ryobi, AEG, and Stiletto hammers among other brands
Bosch = Bosch, Skil, Dremel, Rotozip
Hilti, Makita, Festool, Fein, Hitachi, Panasonic and Metabo seem to be independent for the time being. More consolidation between some of the these companies wouldn't surprise me - especially the longer the economy is on the skids.
Craftsman is whoever they can get to ***** their product and slab a Craftsman logo on it.
Seems like Ridgid is grouped with someone though I can't remember who. They've sourced tools from a few of the other big brands over the years.
I've had good luck with Bosch and Milwaukee stuff I've bought over the last 4 or 5 years. Same with Hitachi nail guns.
plinker
Well-known member
TTI has the current contract for making the Ridgid power tools. They also make some for Craftsman.
Emerson makes the Ridgid shopvacs and some of the Craftsman too.
There are still a couple of other indepent power tools manufacturers next to Fein and Metabo e.g. from Germany: Kress, Eibenstock, Baier, Dräco, Duss, Festool, Flex, Suhner, Mafell,
Switzerland: Lamello, Trumpf
Czech republic: Narex / Protool (German company)
Italy: Rupes
Bulgaria: Sparky
Spain: Stayer, Virutex
Slovenia: Perles
Switzerland: Lamello, Trumpf
Czech republic: Narex / Protool (German company)
Italy: Rupes
Bulgaria: Sparky
Spain: Stayer, Virutex
Slovenia: Perles
lbgradwell
Well-known member
Good chisels for a very reasonable price!
Bolster
Well-known member
Read about the merger in the WSJ.
"The transaction...represents a view that the housing market will bounce back from current lows,but also an acknowledgement that the do it yourself market and construction will not soon approach sky high levels of a few years ago."
"The transaction...represents a view that the housing market will bounce back from current lows,but also an acknowledgement that the do it yourself market and construction will not soon approach sky high levels of a few years ago."
rsanter
Well-known member
I heard today on the radio that the buyout is happening or has happened.
I am a bit amazed as B&D is actually a faitly large company (with all the holdings they have).
I used to work for them and I know their stock has done well over the years
and for all you B&D bashers
the black&decker line is their homeowner line or as I call it their occasional use line.
the heavy duty and profesional stuff has become other lines (like DEWALT).
back when I worked for them I only bought their pro line as things were the same back then with their lower line...for occasional use
it was mentioned earlier the different brands B&D has adsorbed.
they have also branched out into the non-tool industries with companies like americal standard.
bob
I am a bit amazed as B&D is actually a faitly large company (with all the holdings they have).
I used to work for them and I know their stock has done well over the years
and for all you B&D bashers
the black&decker line is their homeowner line or as I call it their occasional use line.
the heavy duty and profesional stuff has become other lines (like DEWALT).
back when I worked for them I only bought their pro line as things were the same back then with their lower line...for occasional use
it was mentioned earlier the different brands B&D has adsorbed.
they have also branched out into the non-tool industries with companies like americal standard.
bob
troublemaker427
Well-known member
Lots of people here in Maryland are losing their jobs because of this. I think something like 1,200 people will be let go. Their HQ is right across the street from my office in Towson MD. It's a real shame as B&D started in Baltimore and one of their oldest factories was in my hometown of Hampstead MD. Both of my parents worked there for a brief time in the '60s along with most of the town.
rwhite692
Well-known member
I believe that Ryobi manufactures most of the Ridgid line of power tools.
jkeyser14
Well-known member
I have some friends there. When I last spoke to one of them after hearing the news yesterday, he said 250 jobs gone on the business end (nothing had been announced about engineering or manufacturing yet).
ymerej
Well-known member
I applied for jobs there, but was never hired by them. I probably know someone who works in the Towson office, but can't think of any specifics. I still have a DeWalt T-shirt I got when a class of mine took a field trip to the plant in Easton, MD. That plant's also been closed since then. It was the biggest employer in the county at the time, now the hospital is.