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.