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Stanley Black & Decker To Shutter New Britain Manufacturing Facility
The closure reflects a structural decline in demand for single-sided tape measures, impacting about 300 workers with support offered for severance and job placement, officials said.
- On Thursday, Stanley Black & Decker announced it will close its New Britain manufacturing facility, impacting approximately 300 employees in the tape division.
- Company officials said falling demand for single-sided tape measures reflects shifting consumer behavior, with these products quickly becoming obsolete in their markets, Debora Raymond said Thursday.
- Stanley Black & Decker said it will provide options at other facilities, severance and job-placement support for affected salaried and hourly employees, and its corporate headquarters will remain at 1000 Stanley Dr., New Britain.
- State Rep. David DeFronzo said 'You know it's a sad day for New Britain. Stanley Works has a long history here and slowly but surely its presence has been eroded', and Gov. Ned Lamont called the change difficult for employees and families, pledging support.
- Amid a multi-year restructuring launched in 2022, Stanley Black & Decker reports $2.1 billion in pre-tax run-rate savings and completed the Consolidated Aerospace Manufacturing sale for $1.8 billion.
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Final Stanley Black & Decker factory leaving the Hardware City, costing roughly 200 jobs
As news reports circulated Thursday that the last Stanley Black & Decker plant will leave New Britain, political leaders from both sides alternately blamed Gov. Ned Lamont's tax policies and President Donald Trump's federal tariffs for driving the final hardware factory out of the Hardware City.
·Hartford, United States
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Coverage Details
Total News Sources11
Leaning Left4Leaning Right1Center5Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 40%
C 50%
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