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BUSINESS
By Kristine Henry and Kristine Henry,SUN STAFF | October 5, 2000
Black & Decker Corp. said yesterday that it has named Christopher T. Metz to the newly created position of president of North American hardware and home improvement. Metz, who has been with the Towson toolmaker since 1992, will retain his title as president of Kwikset Corp. The new position marks the consolidation of Black & Decker's Kwikset locks division in Irvine, Calif., and its Price Pfister plumbing products division in Pacoima, Calif. The combined business will be located in suburban Los Angeles.
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BUSINESS
By Andrea K. Walker and Andrea K. Walker,andrea.walker@baltsun.com | November 4, 2009
The head of Black & Decker Corp. is giving up $20.5 million in severance he is eligible to receive because of the company's planned merger with The Stanley Works, according to regulatory documents filed Tuesday evening. Nolan D. Archibald, who has led Black & Decker for 24 years, is entitled to the money under his contract with the Towson-based power tool maker because he is technically being terminated from his job in the merger. He will become executive chairman of the newly combined company, Stanley Black & Decker, while Stanley CEO John Lundgren will keep his present title.
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BUSINESS
By Amanda J. Crawford and Amanda J. Crawford,SUN STAFF | January 25, 2000
A Black & Decker Corp. subsidiary is being accused in a California lawsuit of making fraudulent claims that its products were made in the United States. The lawsuit against Kwikset Corp., an Irvine, Calif.-based maker of locks and related hardware, was filed Friday in the Superior Court for the State of California in Orange County. Backed by the nonprofit group Made in the USA Foundation, the suit contends that 60 percent to 80 percent of the labor used in the production of Kwikset's locks is in Mexico.
NEWS
By Sharon Stangenes and Sharon Stangenes,Chicago Tribune | February 11, 2007
ORLANDO, Fla. -- Consider it the ultimate home center: a 37-acre bazaar where a record-breaking 1,900 exhibitors at the International Builders' Show displayed cutting-edge products for the home last week. Among the innovative items were smart refrigerators. Manufacturers are integrating high-tech entertainment devices and hookups into their appliances, as is the case with the LG Electronics refrigerator with a 15-inch, high-definition LCD TV screen on the door. The refrigerator also has a 4-inch screen that displays a five-day weather forecast, a recipe bank and digital photos uploaded from a USB port.
BUSINESS
By Eileen Ambrose and Eileen Ambrose,SUN STAFF | March 19, 2002
A California court has tentatively ruled that a Black & Decker subsidiary wrongly labeled 25 of its products as American-made and has ordered the company to allow California retailers and distributors to exchange mislabeled products for those with corrected packaging. Superior Court of California, which released its decision last week, said the violation was not so deceptive or false as to warrant a refund program or other restitution. Both sides in the case have 10 days to respond before the decision becomes final.
BUSINESS
By Kristine Henry and Kristine Henry,SUN STAFF | December 29, 2000
Anyone who picked up a Kwikset doorknob recently might have noticed the stars and stripes on the package and the prominent statement that it was "All American made." A closer inspection of the small print on the side panel would indicate that it was actually "Assembled in Mexico." That didn't sit well with the Federal Trade Commission, and yesterday the agency announced a tentative settlement with Kwikset's parent company, Towson-based Black & Decker Corp. The settlement carries no monetary fine, but it would "prohibit the respondents from misrepresenting the extent to which their Kwikset lockset products such as locksets, deadbolts, knobs and handles are made in the United States," the FTC said in a statement.
NEWS
By Sharon Stangenes and Sharon Stangenes,Chicago Tribune | February 11, 2007
ORLANDO, Fla. -- Consider it the ultimate home center: a 37-acre bazaar where a record-breaking 1,900 exhibitors at the International Builders' Show displayed cutting-edge products for the home last week. Among the innovative items were smart refrigerators. Manufacturers are integrating high-tech entertainment devices and hookups into their appliances, as is the case with the LG Electronics refrigerator with a 15-inch, high-definition LCD TV screen on the door. The refrigerator also has a 4-inch screen that displays a five-day weather forecast, a recipe bank and digital photos uploaded from a USB port.
BUSINESS
By Kim Clark | October 18, 1991
The continuing U.S. construction slump pushed Black & Decker Corp.'s sales and profits lower this summer.The tool and hardware giant announced yesterday that it earned $9.7 million in the third quarter, about half the level of the same period last year.Black & Decker, which has its headquarters in Towson, said that it sold 6 percent fewer coffee makers, power tools and other products in the three months that ended Sept. 30. Overall, sales dropped to $1.1 billion, down from $1.3 billion last year.
BUSINESS
By Andrea K. Walker and Andrea K. Walker,andrea.walker@baltsun.com | November 4, 2009
The head of Black & Decker Corp. is giving up $20.5 million in severance he is eligible to receive because of the company's planned merger with The Stanley Works, according to regulatory documents filed Tuesday evening. Nolan D. Archibald, who has led Black & Decker for 24 years, is entitled to the money under his contract with the Towson-based power tool maker because he is technically being terminated from his job in the merger. He will become executive chairman of the newly combined company, Stanley Black & Decker, while Stanley CEO John Lundgren will keep his present title.
BUSINESS
By Kristine Henry and Kristine Henry,SUN STAFF | September 6, 2001
Black & Decker Corp. has laid off nearly 100 salaried employees now that its Kwikset lock and Price Pfister plumbing divisions have been combined into one business group. The divisions were joined late last year. Kwikset had been in Irvine, Calif., and Price Pfister was in Pacoima, Calif. The new headquarters is in Lake Forest, just south of Los Angeles. About 80 of the employees affected worked in California, while some were salaried employees at a manufacturing facility in Mexico. "I would characterize this layoff as more fine-tuning and a result of consolidation rather than business conditions," company spokeswoman Barbara Lucas said.
BUSINESS
By Eileen Ambrose and Eileen Ambrose,SUN STAFF | March 19, 2002
A California court has tentatively ruled that a Black & Decker subsidiary wrongly labeled 25 of its products as American-made and has ordered the company to allow California retailers and distributors to exchange mislabeled products for those with corrected packaging. Superior Court of California, which released its decision last week, said the violation was not so deceptive or false as to warrant a refund program or other restitution. Both sides in the case have 10 days to respond before the decision becomes final.
BUSINESS
By Kristine Henry and Kristine Henry,SUN STAFF | December 29, 2000
Anyone who picked up a Kwikset doorknob recently might have noticed the stars and stripes on the package and the prominent statement that it was "All American made." A closer inspection of the small print on the side panel would indicate that it was actually "Assembled in Mexico." That didn't sit well with the Federal Trade Commission, and yesterday the agency announced a tentative settlement with Kwikset's parent company, Towson-based Black & Decker Corp. The settlement carries no monetary fine, but it would "prohibit the respondents from misrepresenting the extent to which their Kwikset lockset products such as locksets, deadbolts, knobs and handles are made in the United States," the FTC said in a statement.
BUSINESS
By Kristine Henry and Kristine Henry,SUN STAFF | October 5, 2000
Black & Decker Corp. said yesterday that it has named Christopher T. Metz to the newly created position of president of North American hardware and home improvement. Metz, who has been with the Towson toolmaker since 1992, will retain his title as president of Kwikset Corp. The new position marks the consolidation of Black & Decker's Kwikset locks division in Irvine, Calif., and its Price Pfister plumbing products division in Pacoima, Calif. The combined business will be located in suburban Los Angeles.
BUSINESS
By Amanda J. Crawford and Amanda J. Crawford,SUN STAFF | January 25, 2000
A Black & Decker Corp. subsidiary is being accused in a California lawsuit of making fraudulent claims that its products were made in the United States. The lawsuit against Kwikset Corp., an Irvine, Calif.-based maker of locks and related hardware, was filed Friday in the Superior Court for the State of California in Orange County. Backed by the nonprofit group Made in the USA Foundation, the suit contends that 60 percent to 80 percent of the labor used in the production of Kwikset's locks is in Mexico.
BUSINESS
By Kim Clark | October 18, 1991
The continuing U.S. construction slump pushed Black & Decker Corp.'s sales and profits lower this summer.The tool and hardware giant announced yesterday that it earned $9.7 million in the third quarter, about half the level of the same period last year.Black & Decker, which has its headquarters in Towson, said that it sold 6 percent fewer coffee makers, power tools and other products in the three months that ended Sept. 30. Overall, sales dropped to $1.1 billion, down from $1.3 billion last year.
BUSINESS
By Kim Clark and Kim Clark,Staff Writer | April 28, 1993
In its drive to dominate the power tool market worldwide, Black & Decker Corp. will introduce a line of midpriced power tools in the United States this summer, company Chairman Nolan D. Archibald announced yesterday.The new line of electric drills, saws and other tools will be called "Black & Decker Quantum" and will be priced between Black & Decker's lowest-end line, which usually starts at about $30 a tool, and the company's new DeWalt line of professional-quality tools, in which drills can cost about $120.
BUSINESS
By Michael Dresser | September 5, 1992
Diaper Deck changes ordeals in restroomsAny parent who has ever had to change a diaper on the floor or sink of a public restroom is going to love a device called the Diaper Deck.It's a wall-mounted, fold-out changing table that takes up so little space it can fit even in small public bathrooms. The polyethylene device has a built-in dispenser for sanitary liners and is built to hold 250 pounds, according to the manufacturer, American Infant Care Products. A concave surface prevents squirming infants from taking a tumble.
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