Solutions for Emerging Markets

We are pursuing aggressive growth opportunities in emerging markets from the Americas to Asia to the Middle East. This is happening on multiple fronts—across our global enterprise—fuelled by the Stanley Black & Decker combination. The impact of our growth synergies in Latin America and particularly in Brazil is already being felt, as Stanley-branded products enter markets through well-established Black & Decker channels.

Our investments in growth platforms include strong emerging markets aspects. In Infrastructure, we added CRC-Evans, a tools and solutions provider to the oil and gas pipeline industry with two-thirds of its business in emerging markets. In Mechanical Access Solutions, we have acquired a Chinese commercial hardware manufacturer, GMT Hardware Enterprise Corp. (GMT), with an extensive distribution network throughout China.

It is common for a diversified global company to have roughly a quarter of its revenues occur in emerging markets. Currently, while nearly half of our revenues come from outside the U.S., only 11 percent comes from emerging markets. We consider that room to grow, given the merger and our recent acquisitions, and their additional distribution channels and market presence in key geographies around the world.