2/27/2013 9:08:00 AM
FEATURE
With the $850 million acquisition of Hong Kong-based Infastech, Stanley Black & Decker’s engineered fastening platform, anchored by Emhart Teknologies, will total approximately $1.5 billion in annual revenues.
The combined engineered fastening platform will generate approximately half of its revenues from automotive manufacturing, a third from industrial fastening applications and 20% from high growth verticals such as electronics, the company stated.
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