Stanley Black & Decker, Inc. Provides power and hand tools, products and services for various industrial applications, mechanical access solutions and electronic security and monitoring systems. It also manufactures and markets industrial tools and security solutions. It operates through three business segments: Tools & Storage, Security and Industrial. The Tools & Storage segment is comprised of the Power Tools and Hand Tools & Storage businesses. The Security segment is composed of the Convergent Security Solutions and Mechanical Access Solutions businesses. The Industrial segment encompass of the Engineered Fastening and Infrastructure businesses. The company was founded by Frederick T. Stanley in 1843 and is headquartered in New Britain, CT.