Column on the Black and Decker Mfg Co sale to Stanley - in The Tentacle

The Tentacle: Pulling the Plug on Maryland

Kevin E. Dayhoff Wednesday, November 4, 2009

http://www.thetentacle.com/author.cfm?MyAuthor=41

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Word spread quickly through Maryland early Monday evening that the Black and Decker Manufacturing Company is “merging” with The Stanley Works. Black and Decker employees were notified by email at 4:30 P.M. of the $4.5 billion all-stock acquisition of the venerable old Maryland manufacturer.

The tool manufacturer, whose world headquarters are located in Towson, has employed generations of workers at the Hampstead plant in Carroll County and in other facilities throughout Maryland - including various members of two generations of my family.

Black and Decker has always had a profound strong presence in Maryland simply by way of the fact that it was founded by two industrial engineers, S. Duncan Black and Alonzo G. Decker, with a $1,200 loan and $600 obtained from the sale of Mr. Black’s second-hand car, in September 1910, on Calvert Street in Baltimore….

Read the entire column here: http://www.thetentacle.com/ShowArticle.cfm?mydocid=3447 http://tinyurl.com/ygnvfs2

My other The Tentacle columns may be found here: http://tinyurl.com/y9uwcq2 or here: http://www.thetentacle.com/author.cfm?MyAuthor=41

The Saturday Evening Post 1925 advertisement: Black and Decker and “The Phantom of the Opera” Image credit: http://www.thephantomoftheopera-1925.com/

20091104 sdosmbrief Col on BD Mfg Co sale to Stanley in TT

Black and Decker Mfg Co, Bus Econ mergers acquisitions, Business, Maryland Business

http://kevindayhoff.blogspot.com/2009/11/column-on-black-and-decker-mfg-co-sale.html http://tinyurl.com/yk8btuh

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Tentacle Col Black & Decker sale to Stanley - Sat Evening Post 1925 B&D ad http://tinyurl.com/yk8btuh http://twitpic.com/oka0k

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