DeWalt is a well-known brand in the power tool industry. The company specializes in producing high-quality power tools for professionals and DIY enthusiasts alike. The brand is known for its durability, reliability, and innovative designs. However, many people may not know who owns DeWalt Tools.
Who Owns DeWalt Tools?
DeWalt Tools is a subsidiary of Stanley Black & Decker. Stanley Black & Decker is a Fortune 500 company that produces a wide range of industrial tools and household hardware. The company was formed in 2010 as a result of a merger between Stanley Works and Black & Decker.
Stanley Black & Decker is headquartered in New Britain, Connecticut, and has operations in over 60 countries worldwide. The company has a diverse portfolio of brands that includes DeWalt, Stanley, Black & Decker, Craftsman, Irwin, Lenox, and many others.
The History of DeWalt Tools
DeWalt Tools was founded in 1924 by Raymond E. DeWalt. The company started as a small woodworking machine shop in Leola, Pennsylvania. DeWalt’s first invention was the radial arm saw, which revolutionized the woodworking industry. The saw was designed to make accurate cuts quickly and efficiently.
Over the years, DeWalt Tools continued to innovate and expand its product line. In the 1960s, the company introduced its first line of portable power tools, which included drills, saws, and sanders. These tools were designed for professionals who needed reliable, high-performance tools that could withstand heavy use.
In 1992, DeWalt Tools was acquired by Black & Decker. The acquisition allowed DeWalt to expand its product line and reach a wider audience. Today, DeWalt is a leading brand in the power tool industry, known for its innovative designs and rugged durability.
The DeWalt Product Line
DeWalt offers a wide range of power tools and accessories for professionals and DIY enthusiasts. The company’s product line includes drills, saws, sanders, planers, routers, grinders, and more. DeWalt also offers a line of cordless tools that are powered by its 20V MAX battery system, which provides long-lasting power and performance.
In addition to power tools, DeWalt also offers a line of hand tools and accessories. These include wrenches, pliers, screwdrivers, and tool bags. DeWalt’s hand tools are designed to be durable and reliable, making them a popular choice among professionals.
The Future of DeWalt Tools
As a subsidiary of Stanley Black & Decker, DeWalt Tools is well-positioned for future growth and innovation. The company’s focus on quality and reliability has made it a trusted brand among professionals and DIY enthusiasts alike. DeWalt is constantly innovating and improving its product line to meet the evolving needs of its customers.
DeWalt’s commitment to innovation is evident in its recent product releases, which include the FLEXVOLT line of cordless tools. The FLEXVOLT system is designed to provide the power and performance of corded tools in a cordless package. This innovative technology has been well-received by professionals who need reliable, high-performance tools that can handle heavy use.
Conclusion
In conclusion, DeWalt Tools is a subsidiary of Stanley Black & Decker, a Fortune 500 company that produces a wide range of industrial tools and household hardware. DeWalt was founded in 1924 by Raymond E. DeWalt and has a long history of innovation and quality. Today, DeWalt is a leading brand in the power tool industry, known for its durable and reliable products. With its commitment to innovation and customer satisfaction, DeWalt is poised for continued growth and success in the future.
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Frequently Asked Questions About Who Owns Dewalt Tools
1. Who is the current owner of Dewalt Tools?
Dewalt Tools is currently owned by Stanley Black & Decker, a leading global manufacturer of hand and power tools, industrial tools, security solutions, and more.
2. Has Dewalt Tools always been owned by Stanley Black & Decker?
No, Dewalt Tools was originally founded in 1924 by Raymond E. Dewalt and was an independent company for several decades. In 1960, it was acquired by American Machine & Foundry (AMF) and was later sold to Black & Decker in 1960. Stanley Works merged with Black & Decker in 2010 to form Stanley Black & Decker.
3. Are Dewalt Tools made in the USA?
While Dewalt Tools has a manufacturing facility in Charlotte, North Carolina, where some of their products are made, not all of their tools are made in the USA. Dewalt Tools also has manufacturing facilities in Mexico, Brazil, and China, among other countries.
4. What other brands are owned by Stanley Black & Decker?
In addition to Dewalt Tools, Stanley Black & Decker owns several other popular brands, including Black+Decker, Craftsman, Porter-Cable, and Bostitch. They also own several industrial and security brands, such as Stanley, Facom, and Vidmar.
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