TAG: Stanley Black & Decker

Stanley Black & Decker to acquire 20 percent stake in MTD Products for $234 million

September 13, 2018By

Stanley Black & Decker will acquire a 20 percent stake in MTD Products, a privately held global manufacturer of outdoor power equipment, for $234 million in cash. Under the terms of the agreement, Stanley Black & Decker has the option to acquire the remaining 80 percent of MTD beginning on July 1, 2021. Stanley Black & Decker, an S&P 500 company,... read more

OPEI dubs 2014-2015 officers, board of directors

July 21, 2014By

The Outdoor Power Equipment Institute (OPEI) named its 2014-2015 officers and board of directors during the OPEI annual meeting, held in Palm Beach, Fla., June 17-19. Officers for the 2014-2015 year include: Chairman Paul Mullet, president, Excel Industries; Vice Chair Lee Sowell, president, Techtronic Industries Co. Outdoor Products; and Secretary/Treasurer Tim Merrett, VP of A&T global platform and turf and utility,... read more

OPEI recharges battery/electric products
 initiatives

January 6, 2014By

The Outdoor Power Equipment Institute (OPEI) is revamping its regulatory, standards and market reporting and statistics efforts to meet the needs of the corded electric and battery product segments. In recent months, OPEI has welcomed several new battery/electric companies to its membership, including iRobot, Positec, Stanley Black & Decker and Sunrise Global Marketing. Additionally, John Cunningham, president of the Consumer... read more