WASHINGTON, June 21, 2021 /PRNewswire/ -- Stanley Black & Decker (NYSE:SWK) President
and Chief Financial Officer Don
Allan will testify before Senate Finance Committee,
Subcommittee on International Trade, Customs and Global
Competitiveness on June 22.
Allan will provide testimony on behalf of Stanley Black & Decker on the company's
manufacturing and supply chain resiliency and discuss the
importance of manufacturing in the United
States.
"In this period of recovery from the impacts of the COVID
pandemic, we believe a strategic U.S. trade agenda is critical to
ensuring a robust and inclusive economic recovery," said Allan in a
written testimony. "The agenda should support job creation in the
U.S., expand access to new markets, and ensure global
competitiveness of U.S. manufacturing. The U.S. trade agenda should
also reconsider the Section 301 tariff regime on products of
China, particularly those that are
inputs used to support U.S. manufacturing."
Stanley Black & Decker is the
largest hand and power tool manufacturer in the world and has been
moving operations and its supply chain closer to U.S. customers
over the past decade, adding U.S. manufacturing jobs and increasing
its impact to local economies and communities where it
operates.
The Senate Finance Committee, Subcommittee on International
Trade, Customs and Global Competitiveness hearing will take place
on Tuesday, June 22, 2022 at
2:30 p.m. in the Dirksen Senate
Office Building. The full testimony can be found on the Committee's
website. The hearing can be viewed through the Committee's
website.
About Stanley Black &
Decker
Stanley Black &
Decker, an S&P 500 company, is a leading $14.5 billion global diversified industrial with
53,000 employees in more than 60 countries who make the tools,
products and solutions to deliver on its Purpose, For Those Who
Make The World. The Company operates the world's largest tools
and storage business featuring iconic brands such as DEWALT,
STANLEY, BLACK+DECKER and CRAFTSMAN; the world's second largest
commercial electronic security company; and is a global industrial
leader of highly engineered solutions within its engineered
fastening and infrastructure businesses. Learn more at
www.stanleyblackanddecker.com.
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SOURCE Stanley Black &
Decker