Stanley Black & Decker to break ground on Craftsman plant

NEW BRITAIN, Conn. ― Stanley Black & Decker announced its plans to open a manufacturing plant for its Craftsman line in Fort Worth, Texas. Groundbreaking on the 425,000-square-foot facility is set to begin this summer, with a scheduled completion in 2020. The company said the new factory will create 500 new jobs. Stanley Black & Decker acquired the Craftsman line in 2017 from Sears, which retained the right to carry a selection of Craftsman products under the deal. Stanley filed suit against the department store chain in March, alleging Sears violated the agreement by launching a new Craftsman line and touting itself as “the real home of the broadest assortment of Craftsman” in its marketing.