Black & Decker

John Wolz

Black & Decker
2001 Revenue$4,333 million
2000 Revenue $4,561 million
2001 Closing Price37.73
2000 Closing Price39.25

sales dropped and profits plummeted, but sales in the Fastening & Assembly systems segment ended the year only 2% lower, and operating profit was down 15%. Higher automotive sales were attributed to the acquisition of the automotive division of Bamal Corporation.
Sales to unaffiliated customers totaled $492.4 million.
Reduced automobile, computer and electronics production hurt sales, though the second quarter acquisition of the automotive division of Bamal added to the Fastening & Assembly System�s capabilities to serve automotive companies by coordinating their purchasing from all fastener suppliers.
Black & Decker, though best known for its power tools and such household brand names as PricePfister, Kwikset and Dustbuster is known in the fastener industry for Emhart Fastening Teknologies, Emhart, Dodge, Gripco, Gripco Assemblies, Heli-Coil, NPR, Parker-Kalon, Pop, Pop-Lok, Powerlink, T-Rivet, Ultra-Grip, Tucker, Warren, Dril-Kwik, Jack Nut, Kalei, Plastifast, Plasti-Kwick, Popmatic, Popnut, Pop-Sert, Swageform, Weldfast, SWS, Spiltfast, Nut-Fast, Well-Nut, F-Series, Menator, Point & Set, Pars and Ultrasert.
Black & Decker�s principal fastener markets are automotive, transportation, construction, electronics, aerospace, machine tool and appliance industries.
Founded in 1910, has plants in 14 countries, and its products are sold in more than 100 countries.
Fastener production facilities are in Danbury, CT; Montpelier, IN; Campbellsville and Hopkinsville, KY; Mt. Clemens, MI; Brimingham, England; Giessen, Germany; and Toyohashi, Japan.
Power tools and accessories represent 71% of Black & Decker�s sales; hardware and home improvement, 18%; and fasteners and assembly systems, 11%.

Headquarters: 701 E. Joppa Rd., Towson, MD 21286. Tel: 410 716-3900 Fax 410 716-2933
Web: blackanddecker.com and emhart.com
NYSE Symbol: BDK
CEO: Nolan Archibald
Investor Relations: Robert Hunter
Key fastener executive: Paul Gustafson, executive vice president and president of Fastening & Assembly Group.
Employees: 21,800
Percentage of revenue from fastener-related products: 11% \�2002 FastenerNews.com