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Stanley Black & Decker acquires CRC-Evans
- August 23, 2010
- News Release
- Power Tools
Stanley Black & Decker, based on New Britain, Conn., has acquired CRC-Evans Intl., a global supplier of specialized tools, equipment, and services for the construction of large-diameter oil and natural gas transmission pipelines.
Stanley Black & Decker President and CEO John F. Lundgren commented, "This is a financially and strategically compelling transaction for Stanley Black & Decker. CRC-Evans is a highly profitable, growth-oriented company with outstanding value propositions and strong customer relationships. As we continue our strategy to diversify outside of construction and do-it-yourself (CDIY) and industrial tools, we see this acquisition as an important step in building our infrastructure solutions business through acquisitions."
CRC-Evans, based in Houston, sells and rents custom pipe handling and joint welding and coating equipment.
Stanley Black & Decker is a global provider of hand tools, power tools and related accessories, mechanical access systems and electronic security systems, engineered fastening systems, and infrastructure systems.
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- Published:
- 04/16/2024
- Running Time:
- 63:29
In this episode of The Fabricator Podcast, Caleb Chamberlain, co-founder and CEO of OSH Cut, discusses his company’s...
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