Stanley plans to return production of Craftsman wrenches to the U.S., using robots to keep costs in line with work now done in China
Stanley Black & Decker Inc. plans to move production of Craftsman wrenches from China back to the U.S., the latest manufacturer looking to use automation to increase domestic output as tariffs raise the cost of imports from overseas.
Stanley is investing $90 million to open a plant in Fort Worth, Texas, by late next year that will employ about 500 people to make 10 million Craftsman wrenches and ratchets and 50 million sockets annually. Robots and fast-forging presses will help boost output about 25% above the older forging...
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