Power Tools

The CORE collection includes a string trimmer, leaf blower and hedge trimmer, with a push walk-behind lawn mower coming soon.

Battery-powered outdoor equipment Innovation, with extra power, for landscapers.

The most common tools in a handy kit, plus it will charge a cell phone.

Tennessee-based tool company is expanding with sand rammers, rivet busters and more.

DeWalt innovation is unveiled at Orgill’s Dealer Market

Ace Hardware Corp. reported total revenues of $859.3 million for the fourth quarter, a 7.4% increase over revenues of $800.3 million for the same quarter in 2009. Net income was $20.6 million for the fourth quarter of 2010, compared with $12.4 million in 2009, a 65.1% increase.

For the full year, total revenues were $3.5 billion, a 2.1% increase over fiscal 2009. Net income was $75.1 million for fiscal 2010, compared with $95.7 million in fiscal 2009, a 21.5% decrease.  

Newell Brands has found a buyer for its tool business, having recently announced that it would divest roughly 10% of its portfolio as part of its new strategic growth plan.

Stanley Black & Decker has agreed to buy the business for $1.95 billion, boosting its already sizable tools and storage business with brands like Irwin and Lenox.

Newell's tool business had sales of $760 million in the last 12 months, and Stanley expects to net cost synergies savings of $80 million to $90 million by the third year after close.

Stanley Black & Decker had double-digit growth to report in the second quarter, with a large portion of that resulting from organic growth.

Quarterly revenue totaled $3.2 billion, up 10% year-over-year. Growth in volume and acquisitions helped to offset divestitures, price, and currency impacts, and there was 7% organic revenue growth across the board.

Net earnings came in at $277.2 million, up from $271.5 million in the year-ago quarter.