A new Stanley Black & Decker manufacturing facility in York County is expected to bring $31 million in capital investment and create 500 jobs.
Stanley Black and Decker, a diversified global provider of hand and power tools and related accessories, electronic security solutions, and engineered fastening systems, will occupy a new 345,000-square-foot facility at Lakemont Business Park in Fort Mill. The facility will manufacture DEWALT cordless power tools.
“We operate 30 manufacturing plants across America, and have announced two more American manufacturing plants and several factory expansions in this year alone,” said Jeff Ansell, Stanley Black & Decker global tools and storage president, in a news release. “We are proud to continuously make more product in the USA.”
The S.C. Coordinating Council for Economic Development has approved job development credits related to the project.
“Stanley Black & Decker’s decision to invest in South Carolina and create 500 new jobs here is one that will change lives in York County,” S.C. Gov. Henry McMaster said. “Our state’s manufacturing industry continues to impress, and having a global name like Stanley Black & Decker call our state home is a testament to our world-class workforce and competitive business environment.”