- Through its commitment to innovation, safety and
productivity, DEWALT has been delivering tools to meet the needs of
professional tradespeople around the world since 1924 when
Raymond DeWalt's forward-looking
vision resulted in the founding of DEWALT
- DEWALT has pledged $30 million
to its "Grow the Trades" initiative to support current and future
generations of trades professionals
- On May 14, 2024, DEWALT will
honor its 100-Year milestone by ringing The Opening
Bell® at the New York Stock Exchange; several other
activities planned throughout the year to commemorate the brand's
centennial
TOWSON,
Md., Jan. 29, 2024 /PRNewswire/ -- DEWALT, a
Stanley Black & Decker (NYSE: SWK) brand, is celebrating its
100th anniversary of powering the pros. Through its
commitment to innovation, safety and productivity, DEWALT has been
delivering tools to meet the needs of professional tradespeople
around the world since 1924 when Raymond
DeWalt's forward-looking vision resulted in the founding of
DEWALT.
Experience the full interactive Multichannel News Release here:
https://www.multivu.com/players/English/9238152-dewalt-celebrates-100-year-anniversary/
"DEWALT has been committed to professional tradespeople for the
past 100 years, and Raymond DeWalt's
founding principles of innovation, safety and productivity remain
the core ethos of our company today," said Chris Nelson, Chief Operating Officer, Executive
Vice President and President, Tools & Outdoor at Stanley Black
& Decker. "When we put the DEWALT name on something, it's a
commitment that our tools will help get the job done right. This
milestone anniversary is also a humbling reminder of both the
responsibility and critical role DEWALT plays supporting the trades
with solutions, training and resources needed to meet the demands
of the future."
DEWALT has championed the trades sector since its founding, and
in 2019, the company began offering annual DEWALT Trades
Scholarships to support and grow the next generation of trades
professionals. DEWALT continues to expand its commitment to the
future generations of tradespeople. In 2023, DEWALT pledged
$30 million over five years toward
its Grow the Trades initiatives to support active and aspiring
tradespeople. In addition, DEWALT contributed nearly $7 million last year to programs that support
tradespeople, including trade schools, VOCTEC schools and other
training organizations, while also collaborating with industry and
non-profit partners on increasing women, diversity and veteran
participation in the trades.
A Company Built on Innovation
Raymond DeWalt was a tradesman in
Pennsylvania in the early 1920s
and became a power tool pioneer when he sought a way to streamline
and expedite wood-cutting operations without sacrificing quality or
safety. His journey led to the invention of the "Wonder-Worker," an
adjustable electric radial arm saw that provided the ability to
efficiently execute multiple operations on one affordable piece of
equipment, and the creation of DEWALT.
The "Wonder-Worker" set the stage for DEWALT to begin
distributing products both nationally and internationally, with the
company counting household names like Steinway & Sons and
Westinghouse Electric Co. among its satisfied clients. By 1927,
Sears, Roebuck boasted that DEWALT's saw contributed to helping
manufacture "50 ready-cut houses" each day.
Later in life, DeWalt focused on helping close the skilled
trades gap. He became a shop teacher at Mechanicsburg High
School in Pennsylvania, educating
the next generation of professional tradespeople. DeWalt
passed away in 1961, but his trailblazing legacy lives on in the
tools and outdoor products that bear his name.
Today, DEWALT powers trades around the world with award-winning
products that includes a portfolio of power tools and technology
equipment, hand tools, accessories and storage as well as outdoor
powered equipment.
Our Commitment to the Pro
Alongside its commercial success, DEWALT from the beginning has
influenced the trajectory of the industry through its commitment to
innovation, safety and productivity:
- In the 1930s, DEWALT collaborated with the U.S. government and
industry organizations to define and improve safety regulations in
the construction industry, before the establishment of what is now
known as the Occupational Safety and Health Administration
(OSHA).
- During the 1940s, DEWALT began a period of rapid expansion of
its manufacturing capabilities to meet the demands of government
orders in connection with national defense requirements.
- In 1992, DEWALT introduced its first line of portable electric
power tools and accessories designed to meet the unique needs of
pro users. Two years later, DEWALT introduced a revolutionary
system of more than 30 new cordless tools, including the most
powerful cordless tools at the time: the 14.4-volt cordless
drill/driver and the 5⅜" cordless saw.
- In 2016, DEWALT introduced FLEXVOLT™, which was the world's
first battery that automatically changes voltage when the user
changes tools.
- In 2021, DEWALT was the world's first major power tool brand to
use pouch cell batteries designed for the construction industry
with the launch of its POWERSTACK™ battery.
- In 2023, DEWALT introduced the DEWALT® Ascent™ Series. The
completely reimagined battery-powered commercial mowing platform
with advanced tech solutions.
- In 2024, DEWALT announced the launch of DEWALT POWERSHIFT™, a
groundbreaking equipment system to optimize the workflow of
concrete jobsites through electrification.
Anniversary Celebrations Throughout the Year
DEWALT will celebrate its milestone anniversary in multiple ways
this year. A few highlights include:
- Launching innovative products including DEWALT POWERSHIFT™, an
electrified equipment system that optimizes the end-to-end workflow
of concrete jobsites, which made its debut at the World of Concrete
trade show last week with an electrifying activation on the
exterior of Sphere;
- Ringing The Opening Bell® at the New York Stock
Exchange on May 14, 2024, officially
marking 100 years in business;
- Introducing a special anniversary branding and paint scheme on
NASCAR driver Christopher Bell's #20
Toyota Camry; and
- A "Pro Series" social media campaign honoring and highlighting
the contributions of current professionals and promoting careers in
the trades
"Entering DEWALT's second century, we remain just as committed
to driving relentless innovation and supporting the trades as
Raymond DeWalt did in 1924. From
cutting-edge technology to skills development, DEWALT's future
remains strong, and we will lead the way in empowering tradespeople
to succeed while defining the next era of industry innovation,"
Nelson said.
About DEWALT
DEWALT, a Stanley Black & Decker
brand, celebrates 100 years in business by continuing to provide
our customers with total jobsite and outdoor solutions. By applying
its latest technology to the challenges of today's skilled trades,
DEWALT is leading the charge for the jobsite of the future and is
pioneering the next generation of tools, outdoor equipment and
forward-looking technologies. DEWALT products. GUARANTEED TOUGH®.
For more information, visit www.dewalt.com or follow DEWALT
on Facebook, Instagram, and LinkedIn.
About Stanley Black & Decker
Headquartered in the
USA, Stanley Black & Decker
(NYSE: SWK) is a worldwide leader in tools and outdoor
operating manufacturing facilities globally. Guided by its purpose
– for those who make the world – the company's more than 50,000
diverse and high-performing employees produce innovative,
award-winning power tools, hand tools, storage, digital tool
solutions, lifestyle products, outdoor products, engineered
fasteners and other industrial equipment to support the world's
makers, creators, tradespeople and builders. The company's iconic
brands include DEWALT®, BLACK+DECKER®, CRAFTSMAN®, STANLEY®, CUB
CADET®, HUSTLER® and TROY-BILT®. Recognized for its leadership in
environmental, social and governance (ESG), Stanley Black &
Decker strives to be a force for good in support of its
communities, employees, customers and other stakeholders. To learn
more visit: www.stanleyblackanddecker.com.
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