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WEST GREENWICH, R.I.

Stanley Black & Decker factory closing

October 3, 2010

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Stanley Black & Decker is closing its East Greenwich nail and staples factory and will lay off 128 workers. The company said Friday that the factory will close by December 2012. A spokesman said 75 workers will keep their jobs and work at a smaller facility at an undetermined Rhode Island location. The East Greenwich factory makes nails and staples branded with the Bostitch name. The work done there will be moved to a new factory in Greenfield, Ind. In a statement, the company said it was making the move to keep the Bostitch business globally competitive. At its peak in the 1980s, the factory had about 1,400 workers. Its shutdown continues a trend that’s seen the number of state manufacturing jobs decline from 97,400 in January 1990 to 39,500 as of August. (AP)

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