1. Stanley Black & Decker completes Lenox American saw purchase, plans to continue operating East Longmeadow plant

    Stanley Black & Decker completes Lenox American saw purchase, plans to continue operating East Longmeadow plant

    Connecticut-based tool giant Stanley Black & Decker earlier this month completed its purchase of Newell Brands' tool division, which includes Lenox American Saw and its 500,000-square-foot factory here with 640 employees. The $1.95 billion acquisition was first announced in October. The deal represents more than $700 million of revenues from brands like Lenox and Irwin hand tools, Stanley Black & Decker said in a news release.

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