Expanding opportunities in global infrastructure
Our strength in Industrial Tools provides an entrée into a new and high-potential
growth platform for Stanley: Infrastructure Solutions. Over the next 25 years
more than $45 trillion is expected to be invested in infrastructure projects around
the globe. Stanley has proven capabilities in developing some of the
world's best industrial and hydraulic tools, and we see a tremendous opportunity
to grab our piece of the expanding global infrastructure pie.
Infrastructure solutions in action
Stanley Hydraulic Tools is already one of the world's largest hand-held hydraulic
tool manufacturers, with more then 150 hand-held hydraulic tools and over 30 mounted
impact tools. Building off of our strong base within this high-return business,
we are actively seeking to acquire niche, global players that provide high-quality
engineered tools and services to key emerging infrastructure end markets.
Consistent with the acquisition strategy we employ across the entire company, we
are identifying companies that are market leaders with above-average returns, and
focusing on expanding our presence in the water and sewer, railway, oil and gas
segments.
Transaction benefits
This strategic growth area will see significant benefits from the $1 billion
in additional free cash flow we expect to generate as a result of our
transaction with Black & Decker. By deploying that capital smartly in ways that
produce above-average returns for our shareholders, we believe that with Infrastructure
Solutions we can again build something great.
Learn more about how the Stanley Fulfillment System
supports our growth prospects.
Download a full copy of the 2009 Stanley Black
& Decker Annual Report To Shareholders, which includes the Letter to Shareholders,
Stanley Financial Summaries and the Stanley 10-K. You can also download a copy of
the 2009 Black & Decker 10-K.