Stanley Black & Decker Opens Makerspace in Towson

Stanley Black & Decker (NYSE: SWK) today announced the grand opening of its state-of-the-art Makerspace, a 4,500-square- foot workshop dedicated to helping Stanley Black & Decker employees bring innovative new ideas to life, as well as to serving as a resource for the Greater Baltimore community to engage in meaningful maker experiences.

Stanley Black & Decker's Makerspace allows employees the opportunity to bring ideas to life. Here, employees practice welding in the new space.

The new Makerspace is another expansion of Stanley Black & Decker's Maryland-based presence, which began in 2010 when the Black & Decker company merged with The Stanley Works. Today, the company employs more than 2,100 people in the region, and has invested approximately $60 million in facility upgrades. In addition, its growth plans call for nearly 400 immediate new hires in a wide variety of positions, with a focus on innovation and engineering.