Stanley Black & Decker

Stanley Black & Decker Brings DEWALT, Cub Cadet, Hustler to Equip Expo

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Stanley Black & Decker Brings DEWALT, Cub Cadet, Hustler to Equip Expo

United States – October 19, 2026 -- Stanley Black & Decker will field three outdoor brands, DEWALT, Cub Cadet and Hustler, at Booth 5112 inside and Booth 7822D outside at Equip Expo 2026. DEWALT will preview a 2X20V MAX* XR 21-inch rear-wheel-drive self-propelled mower ahead of its November 2026 launch.

DEWALT and Cub Cadet will lead the company's outdoor lineup, with emphasis on battery-powered professional handheld tools, zero-turn mowers and stand-on mowers. Doug Redpath, President and General Manager of the Outdoor Business, said the brands will show how the company keeps delivering "innovation for outdoor professionals."

DEWALT's DALE Drilling Robot Cuts 300+ Weeks From Data Center Builds

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DEWALT's DALE Drilling Robot Cuts 300+ Weeks From Data Center Builds

Towson, Md. – October 16, 2026 -- DEWALT's DALE drilling robot has cut project timelines by more than 300 weeks across 44 data center construction phases, and TIME has named it to its Best Inventions of 2026 list in the Robotics category.

DALE, an autonomous downward drilling robot, was developed by DEWALT, a Stanley Black & Decker brand, in collaboration with mobile robotics company August Robotics. TIME editors and correspondents selected 300 winning innovations based on originality, efficacy, ambition, and impact.

DALE drills up to 10 times faster than conventional methods on live jobsites

On live data center jobsites, DALE has reached drilling speeds up to 10 times faster than conventional methods. The robot has drilled more than 385,000 holes with over 99% accuracy.

White Cap, DEWALT Pledge $175,000 to St. Jude in Fourth Year

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White Cap, DEWALT Pledge $175,000 to St. Jude in Fourth Year

Atlanta – October 16, 2026 -- White Cap and DEWALT will present a combined $175,000 donation to St. Jude Children's Research Hospital on Sunday, October 18, at Phoenix Raceway, marking the fourth year of their joint partnership.

DEWALT adds $25,000 through October in-branch product sales

DEWALT will contribute an additional $25,000 through purchases of select DEWALT products at participating White Cap branches throughout October. The retail-linked mechanism ties charitable output directly to distributor sales volume during the campaign month.

Hyster-Yale Names Stanley Black & Decker's Cornell as CFO

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Hyster-Yale Names Stanley Black & Decker's Cornell as CFO

Cleveland – October 15, 2026 -- Hyster-Yale, Inc. (NYSE: HY) has appointed Matthew J. Cornell, a former Stanley Black & Decker division president, as Senior Vice President and Chief Financial Officer, effective November 1, 2026.

Cornell comes from Stanley Black & Decker's Specialty Tools & Storage Solutions unit

Cornell most recently served as President and General Manager of Stanley Black & Decker's Specialty Tools & Storage Solutions, a global operating unit. Before that, he was Chief Financial Officer of the company's Industrial Segment.

Hyster-Yale said the appointment followed an extensive search for a leader with financial and operating experience in global industrial businesses.

DEWALT's Drilling Robot DALE Wins Fast Company Tech Award

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DEWALT's Drilling Robot DALE Wins Fast Company Tech Award

Towson, Md. – – October 07, 2026 -- DEWALT's autonomous drilling robot DALE has cut data center construction timelines by more than 300 weeks across 44 project phases, earning the Stanley Black & Decker brand a win in Fast Company's 2026 Next Big Things in Tech Awards.

DALE drills up to 10 times faster than conventional methods

Developed with global mobile robotics firm August Robotics, the fleet-capable downward drilling robot was selected from more than 1,000 applicants across over 30 award categories. DEWALT was the only tool manufacturer represented in the program, placing in the 'Enduring Impact: 15+ Years in Business' category.

Rotary Power Tool Market to Hit $0.85B by 2032, 5.3% CAGR

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Rotary Power Tool Market to Hit $0.85B by 2032, 5.3% CAGR

Delray Beach, Fla. – October 02, 2026 -- The global rotary power tool market is set to expand from USD 0.62 billion in 2026 to USD 0.85 billion by 2032, a compound annual growth rate of 5.3%, according to new data from MarketsandMarkets.

Professional buyers drive fastest growth segment at 6.5% CAGR

Contractors, tradespeople, and technicians are adopting rotary and oscillating multi-tools for construction, renovation, maintenance, woodworking, and repair work at a pace outstripping the broader market. The professional user segment is projected to register a 6.5% CAGR through 2032, as job-site demand for durable, flexible tools accelerates. Manufacturers are responding with brushless motors, variable-speed controls, improved battery runtime, and interchangeable accessories tailored to professional-grade usage.

DEWALT Survey: 52% of Young Trades Talent Pushed Toward Academic Paths

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DEWALT Survey: 52% of Young Trades Talent Pushed Toward Academic Paths

Towson – September 22, 2026 -- A DEWALT survey of 534 WorldSkills competitors across more than 60 countries found that 76% believe technical and vocational skills are increasingly critical to the global economy, yet 51% say too few young people are entering the trades.

Survey exposes gap between perception and enrollment pathways

While 71% of respondents said the public image of skilled trades has improved, 52% reported being steered toward traditional academic paths versus just 14% encouraged into vocational careers. The disconnect starts early: 45% said young people are not exposed to skilled career opportunities soon enough, and 53% felt direct pressure to pursue university over trade training.

Stanley Black & Decker CEO to Present at Morgan Stanley Laguna Conference

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Stanley Black & Decker CEO to Present at Morgan Stanley Laguna Conference

New Britain, Conn. – September 12, 2026 -- Stanley Black & Decker (NYSE: SWK) confirmed that President & CEO Chris Nelson will speak at the Morgan Stanley 14th Annual Laguna Conference on Thursday, September 17, 2026, at 11:30 AM PT (2:30 PM ET).

Nelson to address investors at Morgan Stanley's flagship conference

The appearance places Nelson before institutional investors attending Morgan Stanley's annual Laguna gathering, a venue where executives typically field questions on strategy, capital allocation and end-market demand.

Company to stream session live for 30-day investor access

Stanley Black & Decker will carry a live webcast of the session in the Events section of its Investors website. A replay will remain available on the site for 30 days following the event, giving shareholders and analysts an extended window to review Nelson's remarks.

Stanley Black & Decker Sells Excel/Hustler Unit to Bad Boy Mowers

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Stanley Black & Decker Sells Excel/Hustler Unit to Bad Boy Mowers

New Britain, Conn. – September 09, 2026 -- Stanley Black & Decker (NYSE: SWK) has agreed to sell its Excel Industries business, home to the Hustler professional-grade mower brand, to Bad Boy Mowers, in a deal covering a unit expected to generate approximately $300 million in FY 2026 revenue.

Deal narrows Stanley Black & Decker's portfolio to core outdoor brands

CEO Chris Nelson said the divestiture concentrates company resources on segments with the strongest growth potential, naming Cub Cadet, Dewalt, Craftsman, Troy-Bilt and Black+Decker as the brands set to receive continued investment. The company is prioritizing electric outdoor products and residential ride-on and zero-turn mowers as growth areas.