In remarks to investors during a Thursday conference call, Stanley Black & Decker CEO James Loree said it just makes "business sense" to move manufacturing back to the U.S., especially given the uncertainty of trade relations with China and Mexico, USA Today reported.
From an old Rigid calendar. Oil can Lilly threading a piece of 1 inch on a Rigid, American made pipe machine.
"It’s going to be advisable to have more manufacturing in the U.S.," Loree added.
"We believe this is an excellent opportunity to re-Americanize and revitalize this legendary brand," he concluded.
Stanley Black & Decker has been slowly increasing jobs in the U.S. for the past several years. Its current level of some 3,000 workers is already up 800 from 2013. It is not yet known how many more jobs the company will be bringing to the U.S. as a result of its latest announcement.