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Stanley Black & Decker Closes Factory, 200 Jobs Lost

2/27/2026

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Story summary
  • Stanley Black & Decker will close its last hardware factory in New Britain, eliminating about 200 jobs.
  • The decline in demand for single-sided tape measures, as homeowners shift to digital tools, leads to keeping 400 workers at corporate headquarters.
  • Erin Stewart, former Mayor of New Britain, a Republican, blames state taxes for the closure.
  • Bobby Sanchez, Mayor of New Britain, a Democrat, cites federal tariffs as a contributing factor.