INDEX / DIRECTORY / STANLEY BLACK & DECKER

Stanley Black & Decker

Industrial & Conglomerates 85 CITED SOURCES UPDATED 2026-08-08
BDS-1000 Score 392 /1000 D Tier D - Moderate

OpenIntel is reader-funded - no sponsors, no institutional money. Support OpenIntel →

Stanley Black & Decker - BDS-1000 Dossier

Key Findings

  • Economic: Stanley Black & Decker operates confirmed Israeli manufacturing/R&D subsidiaries (Stanley Works Israel/ZAG in Rosh HaAyin and Migdal HaEmek; Robomow/F. Robotics in Pardesiya) and made a corporate-venture investment in Tel Aviv wireless-charging startup Humavox, all located in Israel proper rather than occupied territory.123
  • Settlements (via brand licensee): An independent Israeli licensee, Keter Plastic, sold products under the Black & Decker brand while operating a factory in the Barkan settlement industrial park until approximately 2014–2016, when Who Profits documented the operation had ceased.456
  • Political: The company issued explicit public solidarity statements and a $1 million donation for Ukraine in 2022, with no located equivalent statement, donation, or divestment action regarding Israel/Gaza after October 2023.78
  • Not found: No public evidence identified of any military, defence-contracting, or digital-surveillance nexus - no contracts with Israeli defence bodies, no SIBAT listing, no supply relationship with Israeli defence primes, and no participation in Project Nimbus or comparable state-security technology programs.910

Target Profile

FieldDetail
Company NameStanley Black & Decker, Inc.
JurisdictionIncorporated in Connecticut, United States (NYSE: SWK)11
HeadquartersNew Britain, Connecticut, USA11
SectorIndustrial and consumer hardware manufacturer - Tools & Outdoor and Engineered Fastening segments11
OwnershipPublicly traded (NYSE: SWK); no controlling parent entity identified11
Key Executives / GovernanceDonald Allan, Jr., senior leadership per company board/leadership disclosures and 2025 announced leadership transition; no public evidence identified of executive or board ties to Israeli defence industry, settlement organisations, or military-intelligence backgrounds1213
Israeli-Nexus SummaryWholly-owned Israeli manufacturing/R&D subsidiaries and technology investments within Israel proper (no military, digital-surveillance, or direct settlement nexus), plus a discontinued (c. 2014–2016) settlement-linked brand-licensing relationship through independent licensee Keter Plastic

Key Facts:

Executive Summary

Stanley Black & Decker is a Connecticut-headquartered, NYSE-listed global manufacturer of hand tools, power tools, and engineered fasteners with no core business in defence, security technology, or agricultural trade. Its documented Israel/Palestine nexus is almost entirely commercial and civilian in character, running through legitimate manufacturing and R&D subsidiaries located within Israel’s internationally recognized borders, plus one materially significant but historical and discontinued settlement-adjacent episode carried through a brand-licensing arrangement rather than direct company operations.

The company’s strongest documented vector is economic: it has owned Israeli manufacturing and R&D operations since 1998 (Stanley Works Israel/ZAG, in Rosh HaAyin, Carmiel, and Migdal HaEmek), acquired the Israeli real-time-location-systems firm AeroScout in 2012, brought Robomow (Pardesiya) fully under ownership in 2021 via the MTD Products acquisition, and made a minority corporate-venture investment in Tel Aviv-based Humavox in 2018.2315181 All of these confirmed sites are located in Israel proper, not the West Bank, East Jerusalem, or Golan Heights.21 A distinct settlement-linked finding - the only one connecting the Black & Decker brand to occupied territory - concerns Keter Plastic, an independently owned Israeli company licensed to sell home-and-garden storage products under the Black & Decker name. Keter operated a factory in the Barkan Industrial Zone, a settlement industrial park in the West Bank, and was documented there by Who Profits researchers in March 2014; by November 2016, Who Profits found visual evidence the operation had ceased, and boycott-campaign sources corroborate an exit between 2014 and 2016 under sustained boycott pressure.45622 No evidence indicates Stanley Black & Decker owned, controlled, audited, or directed Keter’s manufacturing footprint; the relationship is a trademark-licensing arrangement with an independently operated third party.

What is not supported by evidence is any form of military or digital-security nexus. No public evidence identified of contracts, tenders, or SIBAT listings connecting the company to the Israeli Ministry of Defence, IDF, Israel Prison Service, or Israel Border Police; no supply relationship with Elbit Systems, IAI, Rafael, or IMI; no ruggedised/mil-spec product variants sold to Israeli forces; and no role in Iron Dome or any Israeli strategic platform.9 On the digital side, no public evidence identified of participation in Project Nimbus, sovereign-cloud services to Israeli state bodies, biometric/surveillance technology deployment, or licensing/integration relationships with Israeli cybersecurity vendors; the former Security/Healthcare division carrying access-control products (including AeroScout) was fully divested to Securitas AB in July 2022, well over a year before 7 October 2023.1016 Politically, the company has issued no statement on Israel/Palestine, in marked contrast to its explicit 2022 solidarity statements, $1 million donation, and market exit for Ukraine.78

The resulting profile is one of a diversified industrial manufacturer with a genuine, decades-long, and largely civilian Israeli commercial footprint, a discontinued and second-order settlement exposure via an independent licensee, and no evidence of the direct military, security-technology, or overt political vectors that drive higher BDS-1000 tiers elsewhere. This evidentiary pattern is reflected in the FINAL V4 scores: Military and Digital both score effectively zero, Economic is the dominant driver at 6.13, and Political registers a modest 0.71, yielding a BRS of 392 and a Tier D (Moderate) classification.

Timeline of Relevant Events

DateEvent
1987 (documented presence) / 1993Israeli operation later folded into Stanley Black & Decker traces to ZAG Industries, founded 1993 by Zvi Yemini; direct Stanley Works Israel presence in Migdal HaEmek documented from at least this period.232
1996ZAG lists on NASDAQ.14
1998/1999The Stanley Works acquires ZAG Industries (Stanley Works Israel Ltd.) for a reported $129.3 million.1424
2011–2012UK and Canadian boycott campaigns target Keter/Black & Decker co-branded products sold via B&Q, Home Depot, Costco, and Sears Canada, citing the Barkan settlement factory.2526
June 2012Stanley Healthcare Solutions acquires AeroScout (Rehovot) for approximately $200–250 million.1527
21 March 2014Who Profits documents Keter trucks at the Barkan Industrial Zone factory, contradicting Keter’s denial to European NGOs that it operated in occupied territory.4
27 March 2019OFAC settles with Stanley Black & Decker and Chinese subsidiary Jiangsu Guoqiang Tools Co. for $1,869,144 over Iranian sanctions violations (no Israel nexus).2829
November 2016Who Profits field visit finds no evidence of continued Keter operations at the Barkan site.5
July 2017 / December 2017Company opens “Stanley Security Futures Innovation” and “Advanced Manufacturing Center” facilities in Israel, framed in ordinary commercial/innovation terms.3031
June 2018Stanley Ventures leads an approximately $10 million funding round for Humavox (Tel Aviv wireless-charging startup).120
2018–17 August 2021Stanley Black & Decker takes an initial 20% stake in MTD Holdings (2018), then completes acquisition of the remaining ~80%, bringing Robomow/F. Robotics (Pardesiya) fully into the portfolio.3218
March 2022Company issues public Ukraine solidarity statement, exits Russian market, donates $1 million to UNHCR/UNICEF/Red Cross, doubles employee-donation match.78
June 2022Company donates approximately $25,000 in tools to Baltimore-area firefighters deploying to support Ukraine.33
8 December 2021 / 22 July 2022Sale of Security business (Commercial Electronic and Healthcare Security, including AeroScout) to Securitas AB for $3.2 billion announced and completed.1617
September 2024Consumers’ Research leads a boycott campaign against the company over DEI initiatives (unrelated to Israel/Palestine); company reported moving toward “neutral” policies.3435
October 2024 (referenced)Boycott-campaign profile references a Keter leadership change.13
7 October 2023 – presentNo public evidence identified of any Stanley Black & Decker statement, donation, or policy response specific to Israel/Gaza.8

Corporate Overview

Stanley Black & Decker, Inc. is organized around Tools & Outdoor and Engineered Fastening business segments, with global headquarters in New Britain, Connecticut, and no identified controlling parent.11 Its Israeli footprint consists of wholly-owned subsidiaries rather than joint ventures with Israeli state or defence entities. The Stanley Works Israel Ltd. (formerly ZAG Industries), headquartered at 19 Ha’Melacha Street in the New Industrial Zone of Rosh HaAyin, operates as an R&D center plus three plastic-injection/assembly production sites (Rosh HaAyin, Carmiel, Migdal HaEmek), exporting portable storage products - toolboxes, workbenches, tool bags - globally under the DEWALT, BLACK+DECKER, CRAFTSMAN, IRWIN, and STANLEY brands.2323 AeroScout (Rehovot), acquired in 2012, supported Wi-Fi-based real-time location tracking for hospital and industrial customers before its 2022 divestment.1516 Robomow/F. Robotics (Pardesiya) makes robotic lawn mowers and entered the group through the 2021 MTD Products acquisition.1819 None of these confirmed sites is located in the West Bank, East Jerusalem, or Golan Heights.21

The only entity linking the Black & Decker brand to occupied territory is Keter Plastic (Keter Group), a privately owned Israeli company (associated with the Sagol family) that is licensed - not owned or controlled - to sell storage, garden, and fencing products under the Black & Decker name, including “B&D Storage Building,” “SpaceRite Cabinets,” and Workmate-branded containers.366 Keter and its then-subsidiary Lipski operated a factory in the Barkan Industrial Zone, attached to the Ariel settlement and established in 1981–1982 on land from the Palestinian villages of Haris, Bruqin, and Sarta, and reportedly another facility in Oranit.1225 During that period, Keter’s product labelling did not distinguish goods made in the Barkan settlement from those made in pre-1967 Israel.6 No public evidence identified of Stanley Black & Decker directing, auditing, or contractually controlling Keter’s manufacturing footprint, and no current (2023–2025) documentation was identified reassessing Keter’s settlement status; the Who Profits company profile remains dated to 17 December 2014.4

Domain Summaries

Military: Military

Mechanism of Involvement

No public evidence identified of any direct defence-procurement relationship. Stanley Black & Decker’s Israeli footprint is commercial: a LinkedIn-listed Israel subsidiary page, the Humavox investment, and the registered Stanley Works Israel Ltd. entity in Migdal HaEmek.123 The company’s Stanley Infrastructure division manufactures hydraulic breakers and hammers used in demolition, trenching, and quarrying globally - a dual-use-adjacent heavy-tool line in principle - but no public evidence identified connects it to tactical/military variants or to any state actor’s procurement, Israeli or otherwise.937 The one settlement-linked construction nexus found in this domain runs, again, through the Keter brand-licensing relationship and its Barkan factory, discontinued by approximately 2016.45

Counter-Arguments and Evidence Limits

No public evidence identified of SIBAT listings, defence tenders, munitions or weapons-systems supply, supply-chain integration with Elbit Systems/IAI/Rafael/IMI, logistical sustainment of Israeli bases or detention facilities, or any role in Iron Dome, David’s Sling, Arrow, or comparable platforms.9 The company’s only significant export-control enforcement action - the 2019 OFAC settlement - concerns Iran sanctions exposure via a Chinese subsidiary and has no identified Israel nexus.2829 The Security business division, which historically could have carried access-control or surveillance-adjacent products, was divested to Securitas AB in July 2022, over a year before 7 October 2023.1617

Named Entities and Evidence Map

Stanley Works Israel Ltd. (Migdal HaEmek, commercial subsidiary, no defence link documented); Stanley Infrastructure (hydraulic breakers, no tactical variant documented); Keter Plastic/Keter Group (independent licensee, discontinued Barkan factory, 2014–2016); no Israeli defence-prime relationship of any kind identified.2374

Digital: Digital

Mechanism of Involvement

Stanley Black & Decker maintains a genuine Israeli technology R&D footprint - Rosh HaAyin, Carmiel, and Migdal HaEmek sites supporting Portable Storage Solutions engineering - and made three Israeli technology acquisitions/investments: AeroScout (Rehovot, RTLS, 2012), Robomow/F. Robotics (Pardesiya, robotics, via the 2021 MTD acquisition), and Humavox (Tel Aviv, wireless charging, 2018 investment).2115181 AeroScout’s Wi-Fi-based active RFID technology tracked people and asset locations primarily for hospital and industrial customers.3839

Counter-Arguments and Evidence Limits

No public evidence identified of licensing or integration relationships with Israeli cybersecurity/enterprise-software vendors (Check Point, Wiz, SentinelOne, CyberArk, NICE, Verint, Claroty); no facial recognition, biometric, or retail-surveillance technology use; no data-centre operations or Project Nimbus participation; no contracts with Israeli defence/intelligence bodies; and no AI/autonomous systems provided to Israeli state, military, or security bodies.10 AeroScout, the one product line with people/asset-tracking capability, was divested along with the entire Security/Healthcare business to Securitas Healthcare in 2022, and no public evidence identified links its data pipeline to Israeli state or military access during the 2012–2022 ownership period.1615 Robomow is consumer/gardening technology with no reported security application.18 The company’s FY2024 Form 10-K flags Israel among several countries as a general supply-chain geopolitical-risk disclosure, alongside South Korea, China, and Taiwan - not evidence of a specific security-technology relationship.37

Named Entities and Evidence Map

AeroScout (Rehovot, RTLS, acquired 2012, divested 2022 to Securitas Healthcare); Robomow/F. Robotics (Pardesiya, consumer robotics); Humavox (Tel Aviv, wireless charging, minority investment); Stanley Works Israel/ZAG (Rosh HaAyin R&D). Keter Plastic brand-licensing relationship is treated as a physical-goods matter, not a digital-technology relationship, in this domain.15181216

Economic: Economic

Mechanism of Involvement

This is the dossier’s dominant vector. Stanley Black & Decker holds confirmed wholly-owned Israeli operational assets: Stanley Works Israel/ZAG (Rosh HaAyin, acquired 1998 for a reported $129.3 million), AeroScout (Rehovot, acquired 2012 for approximately $200 million, ~200 employees at acquisition), and Robomow/F. Robotics (Pardesiya, brought to full ownership in August 2021 via the MTD Products acquisition).14154018 Stanley Ventures led a funding round for Humavox (Tel Aviv) in June 2018, though no source confirms a controlling stake was taken.120 As a standard foreign-subsidiary structure, profits generated by Israeli operations flow to the U.S. parent - a structural inference from ownership data rather than a directly disclosed figure, as the company’s public financial disclosures do not break out Israel-specific revenue.211 A separate, discontinued sourcing-adjacent finding concerns Keter Group’s licensed use of the Black+Decker brand and its historic 2014-documented, since-ceased Barkan Industrial Zone factory presence.3645

Counter-Arguments and Evidence Limits

No relationship with Israeli agricultural exporters (Mehadrin, Hadiklaim, Agrexco successors) applies, as the company is a durable-goods manufacturer, not an agricultural trader.41 No public evidence identified of Israeli sovereign-bond holdings, Israel Bonds positions, golden shares, government board appointees, or critical-infrastructure designation tied to the company or its Israeli subsidiaries.42 No public evidence identified of any 2023–2025 country-of-origin labelling enforcement action or NGO investigation naming Stanley Black & Decker directly (as distinct from Keter) for settlement-goods mislabeling.41 Notably, the company issued explicit solidarity statements and a $1 million donation for Ukraine’s 2022 crisis and exited the Russian market, but no public evidence identified of any comparable statement, charitable response, or market action regarding Gaza or Israel following October 2023, the July 2024 ICJ advisory opinion, or the November 2024 ICC arrest warrants.78

Named Entities and Evidence Map

Stanley Works Israel Ltd./ZAG Industries (Rosh HaAyin, Carmiel, Migdal HaEmek - wholly owned); AeroScout (Rehovot - acquired 2012, divested 2022); Robomow/F. Robotics (Pardesiya - wholly owned since 2021); Humavox (Tel Aviv - minority investment, 2018); Keter Group (independent licensee - discontinued Barkan factory presence, c. 2014–2016).21518136

Political: Political

Mechanism of Involvement

The only documented political vector is asymmetric silence: Stanley Black & Decker issued an explicit corporate statement on Ukraine (“shutting down our Russian business”), a $1 million donation split among UNHCR, UNICEF, and the Red Cross, a doubled employee-donation match, and roughly $25,000 in tool donations to Baltimore firefighters supporting a Ukraine deployment - with no located equivalent statement, donation, or resource mobilisation regarding Israel/Palestine at any point, including after 7 October 2023.7338 The Keter/Black & Decker co-branding was the target of documented 2011–2012 boycott campaigns in the UK (targeting retailer B&Q) and Canada (targeting Home Depot, Costco, and Sears Canada listings), citing the Barkan settlement factory and alleged water-source contamination.2526

Counter-Arguments and Evidence Limits

No public evidence identified of the company using military-heritage or state-security branding narratives, accepting Israeli state honours, hosting Israeli officials, entering formal partnerships with Israeli state bodies, or sponsoring “Brand Israel”-type campaigns.43 Its Israel-based facility openings (Advanced Manufacturing Center, December 2017; Stanley Security Futures Innovation, July 2017) are framed in ordinary commercial/innovation terms.3130 The company’s federal lobbying ($2,970,000 for the 2025 cycle) and PAC activity show no public evidence identified of any connection to Israel-Palestine policy, anti-BDS legislation, or Middle East trade measures, and no public evidence identified of donations to FIDF, JNF/KKL, Regavim, Im Tirtzu, or comparable organisations.4445 No public evidence identified of named executives’ personal donations, statements, or advocacy-organisation roles (CFI, AIPAC, ADL, USISTF) tied to Israel-Palestine.13 A September 2024 boycott campaign against the company (led by Consumers’ Research over DEI policies) is documented but is unrelated to Israel-Palestine.3435 No public evidence identified of a BDS Movement-named or Who Profits-listed boycott campaign against the parent corporation itself after 2016 (as opposed to Keter).

Named Entities and Evidence Map

Corporate statements: Ukraine (2022, documented); Israel/Palestine (none identified). Boycott targets: Keter/Black & Decker co-branding (UK/Canada, 2011–2012, via B&Q, Home Depot, Costco, Sears Canada); Consumers’ Research DEI campaign (2024, unrelated to Israel-Palestine). Leadership: Donald Allan, Jr. (no Israel-Palestine-related public statements or advocacy-organisation ties identified).25263413

BDS-1000 Score (V4)

DomainIMPV-Domain Score
Military0.000.000.000.00
Digital1.501.001.000.03
Economic7.805.508.506.13
Political3.502.504.000.71

V_MAX is driven entirely by the Economic domain, reflecting confirmed, substantial, and long-standing Israeli ownership stakes (Stanley Works Israel/ZAG, AeroScout, Robomow) and direct capital deployment (Humavox), scored on evidence-only economic activity that is legitimate commercial operation within Israel proper rather than settlement or military activity. Military and Digital both collapse to effectively zero because systematic checks across defence contracting, SIBAT listings, dual-use tactical products, defence-prime supply chains, surveillance technology, and Project Nimbus-type participation returned “No public evidence identified” at every sub-vector. Political contributes a modest secondary score reflecting the documented asymmetry between the company’s vocal Ukraine response and its silence on Israel/Palestine, plus the historical Keter-brand boycott record. The resulting composite - BRS 392, Tier D (Moderate) - reflects a scale-free, evidence-only methodology: Impact (I) measures the type of activity, Magnitude (M) its documented scale, and Proximity (P) its directness to the conflict; scores were human-vetted against the underlying audits.

Methodology Note

End Notes

Footnotes

  1. https://www.calcalistech.com/ctech/articles/0,7340,L-3740119,00.html 2 3 4 5 6 7 8 9

  2. https://www.dnb.com/business-directory/company-profiles.the_stanley_works_israel_ltd.25fffd19bcc4d43ecb1f04ed95573037.html 2 3 4 5 6 7 8 9

  3. https://panjiva.com/The-Stanley-Works-Israel-Ltd/45920112 2 3 4 5

  4. https://whoprofits.org/companies/company/4060?keter-plastic-keter-group= 2 3 4 5 6 7

  5. https://www.whoprofits.org/publications/report/133?keter-plastic-ends-its-activity-in-the-occupied-palestinian-territory= 2 3 4 5

  6. https://unjppi.ca/wp-content/uploads/2024/09/unsettling-goods-factsheet-keter.pdf 2 3 4 5

  7. https://hartfordbusiness.com/article/stanley-black-decker-shutting-down-russian-business-over-war-in-ukraine/ 2 3 4 5

  8. https://leave-russia.org/stanley-black-decker 2 3 4 5 6

  9. https://ofac.treasury.gov/recent-actions/20190327 2 3 4

  10. https://www.opensanctions.org/datasets/ps_ohchr_settlement/ 2 3

  11. https://www.sec.gov/Archives/edgar/data/93556/000009355622000015/swk-20220101.htm 2 3 4 5 6

  12. https://www.whoprofits.org/companies/company/4060 2

  13. https://palestiniangenocide.org/boycott/companies/keter/ 2 3 4

  14. https://insights.greyb.com/knowledge-base/stanley-black-decker-subsidiaries-and-acquisitions/ 2 3 4

  15. https://nocamels.com/2012/05/stanley-black-decker-in-talks-to-buy-aeroscout/ 2 3 4 5 6 7 8 9

  16. https://ir.stanleyblackanddecker.com/news-events/press-releases/news-details/2022/Stanley-Black - Decker-Completes-Sale-of-Security-Business-to-Securitas-AB-for-3.2-Billion/default.aspx 2 3 4 5 6

  17. https://www.prnewswire.com/news-releases/stanley-black - decker-completes-sale-of-security-business-to-securitas-ab-for-3-2-billion-301591631.html 2 3

  18. https://www.mtdproducts.com/en_US/Stanley-Black-Decker-Completes-Acquisitions-MTD-Excel.html 2 3 4 5 6 7 8 9

  19. https://en.wikipedia.org/wiki/MTD_Holdings 2

  20. https://en.globes.co.il/en/article-stanley-black-decker-invests-in-wireless-tech-co-humavox-1001241089 2 3

  21. https://il.linkedin.com/company/stanley-black-decker-israel 2 3 4

  22. https://www.cjpme.org/fs_249

  23. https://www.israeliyp.com/company/66632/STANLEYWORKS_ISRAEL_ZAG_INDUSTRIES_LTD 2

  24. https://www.sec.gov/Archives/edgar/data/0000093556/000119312511210627/dex991.htm

  25. https://www.indymedia.org.uk/en/2012/01/491655.html 2 3 4

  26. https://www.cjpme.org/fs_157 2 3

  27. https://www.rfidjournal.com/news/stanley-healthcare-solutions-acquires-wi-fi-based-rtls-company-aeroscout/83939/

  28. https://ofac.treasury.gov/media/13911/download?inline= 2

  29. https://www.ropesgray.com/en/insights/alerts/2019/04/ofac-raises-the-compliance-bar-takeaways-from-the-stanley-black-decker-settlement 2

  30. https://s29.q4cdn.com/245094436/files/doc_news/2017/07/24/stanley-black-decker-opens-stanley-security-futures-innovation.pdf 2

  31. https://s29.q4cdn.com/245094436/files/doc_news/2017/12/05/stanley-black-decker-open-advanced-manufacturing-center.pdf 2

  32. https://s29.q4cdn.com/245094436/files/doc_news/2018/09/12/stanley-black-decker-acquire-20-percent-stake-mtd-products-234.pdf

  33. https://www.baltimoresun.com/maryland/baltimore-county/towson/cng-co-to-stanley-black-decker-ukraine-20220615-2eo3k7t3lvaghdlxd3bsvka53e-story.html 2

  34. https://www.metroweekly.com/2024/09/stanley-black-decker-confronts-boycott-over-dei-initiatives/ 2 3

  35. https://www.thepinknews.com/2024/09/11/stanley-black-decker-dei-backlash/ 2

  36. https://en.wikipedia.org/wiki/Keter_Group 2 3

  37. https://www.sec.gov/Archives/edgar/data/93556/000009355625000007/swk-20241228.htm 2 3

  38. https://israel21c.org/israels-aeroscout-sold-for-240m/

  39. https://finder.startupnationcentral.org/company_page/aeroscout

  40. https://en.globes.co.il/en/article-1000755062

  41. https://www.whoprofits.org/companies/company/4060?keter-plastic-keter-group= 2

  42. https://www.ohchr.org/en/business/bhr-database

  43. https://www.stanleyblackanddecker.com/about/board-directors/donald-allan

  44. https://www.opensecrets.org/federal-lobbying/clients/summary?id=D000057143

  45. https://www.opensecrets.org/political-action-committees-pacs/stanley-black-decker/c00060087/donors/2024