Stanley Black & Decker announces changes to manufacturing, distribution network

As part of Stanley Black & Decker’s business transformation strategy launched in 2022, the company is announcing changes to its manufacturing and distribution network which will include U.S. site expansions, site transformations into manufacturing centers and site consolidation. As part of this effort, the company is announcing it will transfer its Cheraw, South Carolina operations to its facilities in Jackson and Gallatin, Tennessee, and will discontinue operations in Fort Worth, Texas. These actions will impact 175 employees at the Texas facility and 182 employees in South Carolina, while adding 80 jobs in Tennessee. The company is focused on providing a 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 $2B of cost savings and are reflective of current economic conditions which highlighted needed changes in Stanley Black & Decker’s production and distribution network.