The company is closing its last manufacturing facility in New Britain, which will result in 300 workers losing their jobs.

Feb 27 (Reuters) - London's FTSE 100 climbed to a fresh record high on Friday and was set for its eighth straight monthly ...

Stanley Black & Decker is closing its manufacturing facility in New Britain, the company announced on Thursday. The facility predominantly makes tape measures. There has been a decline in demand for ...

The closure follows a decline in demand for single-sided tape measures, which the Myrtle Street plant produces, according to a company spokesperson.