Stanley Black & Decker Expects More Sales in Colombia

Portafolio, a Colombian newspapers, currently reported that President James M. Loree of Stanley Black & Decker (an U.S. hand tools and electronic fasteners manufacturer) has good expectations to the Colombian market. The global sales of the company currently landed at USD 1.14 billion (including USD0.7 billion generated in Latin America and about 0.1 billion generated in Colombia). Colombia has become an inevitable market for the company and it is expected that its sales in Colombia will grow 10% in 2015.