See every side of every news story

Published 4 days ago • loading... • Updated 4 days ago

Stanley Black & Decker sells Kannapolis facility, land for $52M amid closure

Summary by The Business Journals

Stanley Black & Decker has sold its 928,000-square-foot Kannapolis facility and surrounding 74 acres for $52 million to AEW Capital Management and McCraney Property Co. The company will close the site by October, laying off 224 workers, and lease back the property for about 12 months.

1 Articles

1 Articles

All

Left

Center

1

Right

The Business Journals

Stanley Black & Decker sells Kannapolis facility, land for $52M amid closure

Stanley Black & Decker has sold its 928,000-square-foot Kannapolis facility and surrounding 74 acres for $52 million to AEW Capital Management and McCraney Property Co. The company will close the site by October, laying off 224 workers, and lease back the property for about 12 months.

4 days ago·United States

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Stories disproportionately reported by the Left or the Right

Coverage Details

Total News Sources1

Leaning Left0Leaning Right0Center1Last Updated3 days agoBias Distribution

100% Center

Bias Distribution

100% of the sources are Center

100% Center

Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

The Business Journals broke the news in United States 4 days ago on Thursday, May 29, 2025.

Sources are mostly out of (0)

Similar News Topics

Stories disproportionately reported by the Left or the Right

Similar News Topics