Stanley Works to Finalize Company Buyout This Month

The Stanley Works of New Britain, Conn., will purchase Best Access Systems of Indianapolis in a $310 million cash deal expected to be completed this month. The Stanely Works manufacturers tools, door hinges and other hardware products.

Company officials say the fate of Best Access’ 750 local employees is undecided; however, Stanely might expand its northeast operation.

If you enjoyed this article and want to receive more valuable industry content like this, click here to sign up for our FREE digital newsletters!

Security Is Our Business, Too

For professionals who recommend, buy and install all types of electronic security equipment, a free subscription to Commercial Integrator + Security Sales & Integration is like having a consultant on call. You’ll find an ideal balance of technology and business coverage, with installation tips and techniques for products and updates on how to add to your bottom line.

A FREE subscription to the top resource for security and integration industry will prove to be invaluable.

Subscribe Today!

Get Our Newsletters