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Black & Decker is a global manufacturer and marketer of quality power tools and accessories, hardware and home improvement products, and technology-based fastening systems. Our products and services are marketed in more than 100 countries, and we have manufacturing operations in 11 countries. Throughout our businesses, we have established a reputation for product innovation, quality, end-user focus, design, and value. Our strong brand names and new product development capabilities enjoy worldwide recognition, and our global distribution is unsurpassed in our industries.
Vision Statement
Black & Decker's objective is to establish itself as the preeminent global manufacturer and marketer of power tools and accessories, hardware and home improvement products, and technology-based fastening systems.
Business Segments
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Power Tools and Accessories
The Power Tools and Accessories segment manufactures and markets power tools, lawn and garden products, portable power products, home products, and accessories under the Black & Decker®, DEWALT®, Porter-Cable® and Delta® names, as well as other trademarks and trade names. This segment also provides product service and operates factory outlet stores. Headquartered in Towson, Maryland, this segment accounted for sales in 2008 of more than $4.3 billion.
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Hardware and Home Improvement
The Hardware and Home Improvement segment manufactures and markets security hardware products under the Kwikset®, Baldwin®, and Weiser® names, as well as other trademarks and trade names; and plumbing products under the Price Pfister® name and other trademarks and trade names. Headquartered in Lake Forest, California, this segment accounted for sales in 2008 of nearly $900 million.
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Fastening and Assembly Systems
Serving the global automotive and industrial markets, the Fastening and Assembly Systems segment, known as Emhart Teknologies, applies advanced technology to the business of product assembly. It is the originator of several highly recognizable brands, including POP® blind rivets, Parker-Kalon® screws, Gripco® locknuts, HeliCoil® wire inserts, Dodge® inserts, Tucker® stud welding equipment, and Warren® plastic and metal fasteners. Headquartered in New Haven, Connecticut, this segment accounted for sales in 2008 of over $700 million.
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For more detailed descriptions of our business segments, click here for our Annual Report on Form 10-K for the fiscal year ended December 31, 2008, filed with the Securities and Exchange Commission on February 17, 2009.
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