Stanley Black & Decker : Names Juneteenth As A Company Holiday For All U.S. Employees Starting in 2022
June 17, 2021 at 04:59 pm EDT
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Stanley Black & Decker announced today that the company will honor Juneteenth as a company holiday for all U.S. employees starting in 2022. Juneteenth, also known as Emancipation Day, celebrates the emancipation of the last enslaved people after the Civil War.
Today, President Biden signed a U.S. bill, the Juneteenth National Independence Day Act, that marks June 19 a federal holiday to honor Freedom Day. In unity at Stanley Black & Decker, the company has made the same commitment to honor that day.
'Juneteenth is a symbolic date for racial equity for Black Americans,' said Jim Loree, Chief Executive Officer of Stanley Black & Decker. 'Naming Juneteenth as a company holiday is part of our continued commitment to building a foundation of diversity and inclusion. Today, we are taking another step toward advancing this goal by standing with Black employees and communities to take a stance for a lasting change around racial justice and equality.'
Last year, Stanley Black & Decker issued a statement of solidarity and worked with employees of all levels to establish thoughtful, deliberate steps and commitments to drive progress and confront racism and social injustice.
This year, employees will have a companywide day off on Friday, June 18, as a 'Day of Hope & Healing' that leads into Juneteenth and honors George Floyd and those who have lost their lives or have been victims of violence. The company encourages employees to use the day to reflect on the hard work that lies ahead to make our society a better, safer and more just place to live.
The addition of Juneteenth as an ongoing, company holiday starting in 2022 continues Stanley Black & Decker's efforts to confront racism and social injustice throughout our communities and across the world.
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Stanley Black & Decker Inc. published this content on 17 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 June 2021 20:58:03 UTC.
Stanley Black & Decker, Inc. specializes in the design, manufacturing and marketing of tools and engineering solutions for professional, industrial and construction and consumer use. Net sales break down by family of products as follows:
- electric tools and accessories (71.1%): tools and electric devices (drills wire, sanders, saws, grinders, batteries, etc.), garden tools (shears, cutting edge, trimmers, aerators , grinders, chainsaws, etc.), vacuum cleaners, lamps, lights, battery chargers, starter batteries, power converters, hand tools (measuring and leveling tools, planes, hammers, knives, blades, screwdrivers, saws, etc.), consumer mechanics tools (wrenches and sockets), plastic tool boxes, pneumatic tools and fasteners (nail guns, staplers, staples, etc.);
- industrial products (16.2%): professional and automotive mechanics tools (wrenches, sockets, electronic diagnostic tools, etc.), storage systems, plumbing, heating and air conditioning tools (pipe wrenches, pliers, tubing cutters, etc.), hydraulic tools, etc.;
- access and security products (12.7%): automatic doors, door closers, emergency exit devices, locking mechanisms, integrated security devices, etc.
Net sales are distributed geographically as follows: the United States (60.5%), Canada (4.7%), Americas (4.2%), France (4%), Europe (19.2%) and Asia (7.4%).
STANLEY BLACK & DECKER, INC. 
