New Britain’s Stanley Black & Decker is the latest U.S. manufacturer to reshore some of its operations, announcing late last month it will move production of its Craftsman wrenches from China back to the U.S.
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New Britain’s Stanley Black & Decker is the latest U.S. manufacturer to reshore some of its operations, announcing late last month it will move production of its Craftsman wrenches from China back to the U.S.
The power toolmaker said it plans to invest $90 million to open a plant in Fort Worth, Texas, by late next year that will employ 500 people who will annually produce millions of Craftsman wrenches, sockets and ratchets. Robots and other technology will also be housed there, which will help lower overall production costs.
While Connecticut missed out on that investment it has been the beneficiary of other reshoring moves.
For example, in 2016, Carey Manufacturing began moving its manufacturing operations from China to Cromwell, investing over $5 million in equipment, people and resources to reshore manufacturing of its catches, latches, handles and electronic hardware for military, aerospace, computer, electronics, telecom, automotive and consumer applications.
That move and U.S. investment is getting Carey Manufacturing some national attention. The company recently announced its been selected to participate in a reshoring case study being conducted by SelectUSA, a U.S. government-wide program led by the U.S. Department of Commerce.
The “Reshore, Retain and Reinvest Case Studies and Report” will include a series of case studies on companies that have successfully reshored manufacturing in the US. It will be released in June during the SelectUSA Investment Summit in Washington, D.C.
Carey Manufacturing is one of four companies chosen to participate in the case study. In addition, Â Carey Manufacturing General Manager Paul S. Lavoie will be featured in a panel discussion that will highlight best practices and lessons learned from companies that have reshored operations in the United States.
“We are committed to manufacturing in the USA and continue to move the manufacturing and create jobs and invest money in the supply chain in Connecticut,” Lavoie said. “In addition, we’ve acquired new customers who are interested in quality USA-made products.”
