|
||||||||
NewsStanley/DeWalt Sells Delta Brand
Less than a year after the merger of Stanley and Black & Decker, Stanley Balck & Decker signed an agreement to sell its Delta brand. The buyer is Chang Type Industrial Co., a Taiwan-based manufacturer of power tools sold under the craftsman, DeWalt, Ryobi, and Black & Decker labels. The new company, Delta Power Equipment Corporation, will be based in Anderson, SC. Delta will be led by former TTI executives Bryan Whiffen (President) and Norm MacDonald (Vice President).
The Delta plant in Jackson, TN will be closed and the production equipment moved to an existing building in Anderson. The Anderson facility is expected to bring 40 new jobs to the area and when fully operational will include manufacturing, R&D, engineering, sales, and administrative functions. In a press release issued last Tuesday, Whiffen said the Unisaw will continue to be produced in the U.S.A. No change was announced for those parts of the Delta product line currently made in Asia.
|
||||||||