Opinion November 2, 2009 | 5:42 pm

Black & Decker Acquired By Stanley

Towson Fortune 500 Company To Move To CT

The Baltimore Sun is reporting that Stanley Works of New Britain, CT has acquired the Towson firm for $4.5 Billion Dollars.

Black & Decker is one of three Fortune 500 companies in the Baltimore area and no doubt this will have a large and lasting impact on the local economy as the headquarters employs 1,200 in Baltimore County alone.

John Frenaye

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John is the publisher and editor of Eye On Annapolis. As a resident and business owner in Anne Arundel County for nearly 25 years, he realized that there was something missing in terms of community news–and Eye On Annapolis was born in late spring 2009.

John’s background is in the travel industry as a business owner, industry speaker, and travel writer. In terms of blogging and social media, he cut his teeth with MSNBC.com.

1 Comment

SevernaPark Guy says:

November 3, 2009 at 1:49 pm

wow. Another Maryland company moves elsewhere. Feel bad for those employed at the headquarters. Good Luck!