On March 8th, 2019, Paladin Attachments and Pengo Attachments, divisions of International Equipment Solutions (IES) officially joined Stanley Infrastructure, a division of Stanley Black & Decker, Inc. Stanley Infrastructure is a global manufacturer of handheld hydraulic tools and attachments, and the addition of the Paladin and Pengo businesses complements the company's Infrastructure product portfolio with high-performing, high-quality attachment tools. The Stanley Infrastructure division includes brands such as Stanley, LaBounty and Dubuis. Joining these brands with Paladin and Pengo will present customers with more solutions and choices than ever before, and will create new opportunities for innovation while building on a legacy of performance that is shared across each brand's history.
"We are excited to join the Stanley Black & Decker organization, which shares our values of delivering industry-leading quality, innovation and customer service for our customers," said Matt Roney, COO of Stanley Infrastructure. "As part of Stanley Black & Decker, Paladin & Pengo Attachments will remain committed to their core strategic imperatives related to their people and customers."
"I'm thrilled we are bringing together these great industrial businesses that believe in manufacturing high-quality products and delivering world-class customer service," said Doug Redpath, president of Stanley Infrastructure. "Together we will reduce complexity for our existing customers and foster channel expansion and broader assortments for new customers and end users. A commitment to delivering innovation that solves end-user frustrations will be the foundation of our strategy as we look to provide meaningful growth."
Today's top stories