Robert Bosch Power Tools
Bosch Power Tools launched a partnership with the Dallas Area Habitat for Humanity. A team from Bosch Power Tools gathered at Habitat’s Wall Shop to help cut and build critical wall frames for the 20+ homes being built in the area. Bosch also donated their latest 18V cordless power tools, including the Miter Saw and Reciprocating Saw, to support local homebuilding efforts in Dallas for years to come. Bosch is also supporting trade workers across the Dallas area.
Stanley, Black & Decker
Q2 revenues fell 5% to $4.2 billion. The quarterly loss was less than expected as cost-cutting measures helped offset the impact from falling DIY demand for power tools and the divestiture of their oil and gas business.
SB&D reached a settlement with the SEC around charges that they failed to disclose more than $1.3 million in perks for former exec Jeffrey Ansell and three other execs between 2017 and 2021. SB&D self-reported the failure to disclose and was not assessed a civil penalty; Ansell was assessed a $75,000 penalty.
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