Stanley Black & Decker, America's leading specialty tool manufacturer, was founded by Frederic in 1843, originally as a small hardware On March 15, 2010, Stanley and Black & Decker merged to form "Stanley Patel Corporation". Stanley Patel is dedicated to providing integrated hardware tools, storage equipment and security system solutions, and has a significant position in the global tool industry, ranking 824th in the Global 2000 in 2014.