Stanley Black & Decker Unveils New Compact Battery

Stanley Black & Decker, Inc. (NYSE:SWK) revealed the global launch of the DEWALT POWERSTACK 20V MAX Compact Battery.
The battery includes several features to optimize functionality and will roll out to North American DEWALT distributors, retailers, and e-commerce channels beginning December 2021.
The company expects the global roll-out to continue through spring 2022.
With the DEWALT POWERSTACK battery, power tool brand DEWALT will use pouch cell batteries designed for the construction industry.
The battery is ideal for cutting, drilling, and fastening applications, precision and finishing tasks, and when working in tight spaces.
“Our groundbreaking dependable lithium-ion battery pack represents a new threshold of cordless power tool performance, helping to further realize the full potential of the cordless jobsite of the future,” said Jaime Ramirez, EVP & President of Global Tools & Storage for Stanley Black & Decker.
Price Action: SWK shares are trading lower by 0.35% at $173.12 on the last check Wednesday.