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Black & Decker Corporation, incorporated in Maryland in 1910, is a leading manufacturer, of power tools and accessories, hardware and home improvement products, and technology-based fastening systems. Duncan Black and Alonzo Decker started the company, and in 1916 they developed the first handheld electric drill with pistol grip. That would be the foundation for the company's success for most of the 20th century. Black & Decker has products and services located in over 100 countries. The corporation has received worldwide recognition for their strong brand names and a superior reputation for quality, design, and value. The company operates in three reportable business segments: Power Tools and Accessories, which includes electric lawn and garden tools and electric cleaning and lighting products; Hardware and Home Improvement, including security and plumbing products; and Fastening and Assembly Systems. As of December 31, 2001, Black & Decker Corporation employed approximately 22,700 persons worldwide. Nolan...

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