Industry News

Stanley Black & Decker Q1 fastener revenues up 4% 08 June 2017

Stanley Black & Decker reported Engineered Fastening sales for the first quarter 2017 increased by 4% – exceeding management expectations.

Stanley Black & Decker’s President and CEO, James M. Loree, commented: “We were particularly pleased to see Engineered Fastening exceed its growth projections based on better than expected automotive performance.” Engineered Fastening organic revenues increased 4% as strong automotive system volumes more than offset weaker industrial and electronics volumes. Overall Group revenue increased 5% to US$2.8 billion (€2.6 billion) as organic and acquisition volumes offset currency and divestitures.

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Will joined Fastener + Fixing Magazine in 2007 and over the last 15 years has experienced every facet of the fastener sector - interviewing key figures within the industry and visiting leading companies and exhibitions around the globe.

Will manages the content strategy across all platforms and is the guardian for the high editorial standards that the Magazine is renowned.