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DEWALT celebrates 100 years of innovation

By Michelle Froese | January 30, 2024

DEWALT has pledged $30 million to its “Grow the Trades” initiative to support current and future generations of trades professionals. Learn more about the company in this video.

DEWALT, a Stanley Black & Decker brand, is celebrating its 100th anniversary. Through its commitment to innovation, safety and productivity, DEWALT has been delivering tools to meet the needs of professional tradespeople around the world since 1924 when Raymond DeWalt’s forward-looking vision resulted in the founding of DEWALT.

DEWALT has championed the trades sector since its founding, and in 2019, the company began offering annual DEWALT Trades Scholarships to support and grow the next generation of trades professionals. The company continues to expand its commitment to future generations of tradespeople.

In 2023, DEWALT pledged $30 million over five years toward its Grow the Trades initiatives to support active and aspiring tradespeople. Additionally, DEWALT contributed nearly $7 million last year to programs that support tradespeople, including trade schools, VOCTEC schools and other training organizations, while also collaborating with industry and non-profit partners on increasing women, diversity and veteran participation in the trades.

“Raymond DeWalt’s founding principles of innovation, safety, and productivity remain the core ethos of our company today,” said Chris Nelson, COO, executive VP, and president, Tools & Outdoor at Stanley Black & Decker. “When we put the DEWALT name on something, it’s a commitment that our tools will help get the job done right. This milestone anniversary is also a humbling reminder of both the responsibility and critical role DEWALT plays in supporting the trades with solutions, training and resources needed to meet the demands of the future.”

DEWALT will celebrate its milestone anniversary in multiple ways this year.

A few highlights include:

  • Launching innovative products including DEWALT POWERSHIFT, an electrified equipment system that optimizes the end-to-end workflow of concrete job sites, which made its debut at the World of Concrete trade show last week with an electrifying activation on the exterior of Sphere;
  • Ringing The Opening Bell at the New York Stock Exchange on May 14th, 2024, officially marking 100 years in business;
  • Introducing a special anniversary branding and paint scheme on NASCAR driver Christopher Bell’s #20 Toyota Camry; and
  • A “Pro Series” social media campaign honoring and highlighting the contributions of current professionals and promoting careers in the trades

“Entering DEWALT’s second century, we remain just as committed to driving relentless innovation and supporting the trades as Raymond DeWalt did in 1924,” added Nelson. “From cutting-edge technology to skills development, DEWALT’s future remains strong, and we will lead the way in empowering tradespeople to succeed while defining the next era of industry innovation.”

 

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Filed Under: Tools for fastening
Tagged With: dewalt
 

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