Video Lab Tour: Inside Stanley Black and Decker’s ‘Futures Innovation Factory’
By Kelsey Alpaio and Kaitlin Milliken, Staff Writers
It’s tough to think about power tools without picturing the iconic bright yellow of Stanley Black and Decker. The $11.41 billion company, which was founded in 1843, has long had the mission of providing the “tools and innovative solutions you can trust to get the job done.” But the company’s offerings now extend far beyond power tools, with the organization also working to innovate in security, storage, and industrial applications.
One new initiative in the security division of the Connecticut-based company is its “Futures Innovation Factory,” which opened earlier this year in Boston. The 5,200 square-foot space, overseen by Vice President of Breakthrough Innovation Spencer Maid, houses engineers working on new products like smarter security cameras, automated doors, and more.