Stanley Black & Decker announces changes to manufacturing, logistics network

Stanley Black & Decker, the parent company of MTD and Excel Industries, has announced that it will transfer its operations in Cheraw, South Carolina, to its facilities in Jackson and Gallatin, Tennessee, and that it will discontinue operations in Fort Worth, Texas. The company reports that these actions will impact 175 employees at the Texas facility and 182 employees in South Carolina, while adding 80 jobs in Tennessee.

The moves are part of Stanley Black & Decker’s business transformation strategy launched in 2022, designed to optimize its footprint and better serve customers, the company reports. The strategy involves changes to its manufacturing and distribution network, which will include U.S. site expansions and site transformations into manufacturing centers of excellence, as well as site consolidation.

According to the company’s website, the Cheraw facility’s key products include saws, tape measures and tool boxes. The facility in Fort Worth produces a range of Craftsman tools, including sockets, ratchets, wrenches and general sets.

Stanley Black & Decker says it is “focused on providing a smooth transition to impacted employees including options for employment at other Stanley Black & Decker facilities, as well as job placement support services.”

“These actions are aligned to the transformation strategy designed to deliver $2 billion of cost savings and are reflective of current economic conditions which highlighted needed changes in Stanley Black & Decker’s production and distribution network,” states the company. “Strategic actions supporting the transformation will also enable a more focused product portfolio and strategic sourcing while delivering operational and service excellence. These efforts will support and strengthen Stanley Black & Decker’s core business, drive financial performance, and enable investments to ensure sustainable future growth.”