STANLEY Opens New Fishers HQ

Posted: Updated:
(photo courtesy STANLEY Security) (photo courtesy STANLEY Security)
FISHERS -

More than a year after breaking ground, Connecticut-based Stanley Black & Decker Inc. (NYSE: SWK) has opened its $16 million STANLEY Security North American headquarters in Fishers. The 80,000 square-foot facility houses 350 employees, who were brought in from various locations throughout the Indianapolis metro area.

The company says the new headquarters will become a showcase for its latest security products and services. The facility's amenities area also designed to attract and retain talent in the area. Jim Loree, president and chief executive officer of Stanley Black & Decker, says the grand opening of the facility is an "important milestone in the continued growth and evolution" of the company's security business.

"We are excited to bring our employees together here in one location in Indiana, where we have maintained a strong presence for nearly two decades," said Loree. "This state-of-the-art headquarters will provide a powerful new springboard from which to grow the Security business and develop the innovative security technologies of the future."

Fishers Mayor Scott Fadness says headquarters helps to build the growing I-69 corridor. Plans for the facility were announced in February 2016 along with Braden Business Systems, which announced a $5.6 million investment to move from Indianapolis to the Nickel Plate District in Fishers.

  • Perspectives

    • The Evolution of Business: From Bottom Line to Value Creation And Impact

      In today's world, consumers want to know how corporations, as a whole, are taking a stand. In fact, customers are 43 percent more likely to purchase a product from a company they know is committed to social value. It's not just consumers pushing this trend. Financial service industry leaders, like KeyBank's Beth Mooney and BlackRock's Larry Fink, are challenging business owners and the C-Suite to rethink their economic impact, environmental footprint and social conscience.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Indy Firm Taps Appirio Exec as CEO

      An Indianapolis-based design and innovation consulting firm has named a new chief executive officer. Studio Science says Steve Pruden, who most recently served as senior vice president of human resources with Indy tech company Appirio, will lead the company.

    • (Image Courtesy: Lilly Oncology)

      Lilly Closes on Mega Acquisition

      Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has completed its acquisition of ARMO BioSciences Inc. of California. The deal, which was valued at approximately $1.6 billion when first announced last month, boosts Lilly's immuno-oncology pipeline. Lilly offered $50 per share of ARMO stock for the company. ARMO's portfolio includes...

    • Court Sides With Lilly on Alimta Case

      The latest in a string of patent infringement cases involving Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has ended positively for the pharmaceutical giant. The U.S. District Court for the Southern District of Indiana has ruled in favor of Lilly, preventing a competitor from launching an alternative form of its Alimta vitamin regimen. The court ruled that Lilly's patent for Alimta would be infringed upon if India-based Dr. Reddy's Laboratories had moved forward with...

    • St. Vincent Announces Layoffs

      St. Vincent Health says it has laid off 85 employees throughout the state. In a statement to Inside INdiana Business, St. Vincent cites a rapidly-evolving healthcare environment as a reason for the workforce reduction. 

    • Pam Austin

      PNC Bank Appoints Senior VP

      PNC Bank has appointed Pamela Austin senior vice president and senior banking advisor for wealth management. She has more than 30 years of banking experience, including private banking, financial analysis, marketing, business development sales, wealth transfer and problem resolution for clients and their families. Most recently she served as vice president at 1st Source Bank.