NYSE:SWKMachinery
Assessing Stanley Black & Decker (SWK) Valuation As New Britain Plant Closure Ends 180 Years Of Production
Stanley Black & Decker (SWK) is closing its historic New Britain, Connecticut tape measure plant, cutting about 300 jobs as demand for single sided tape measures declines in favor of newer measuring technologies.
See our latest analysis for Stanley Black & Decker.
The plant closure headlines come after a period where the share price has been relatively resilient, with a 30 day share price return of 6.84% and a 90 day share price return of 17.97%. However, the 5 year total shareholder return...