-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DyL4MWKAobSjeP2tEclH/KjU1g3jn+z9fMfs4e50UxMtqSmL6Xtz1g7YYvgNPRwe sbM++lWyNABfK9jeBTOfzg== 0000093556-97-000003.txt : 19970222 0000093556-97-000003.hdr.sgml : 19970222 ACCESSION NUMBER: 0000093556-97-000003 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970219 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19970219 SROS: NYSE SROS: PSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: STANLEY WORKS CENTRAL INDEX KEY: 0000093556 STANDARD INDUSTRIAL CLASSIFICATION: CUTLERY, HANDTOOLS & GENERAL HARDWARE [3420] IRS NUMBER: 060548860 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 002-52002 FILM NUMBER: 97538455 BUSINESS ADDRESS: STREET 1: 1000 STANLEY DR STREET 2: P O BOX 7000 CITY: NEW BRITAIN STATE: CT ZIP: 06053 BUSINESS PHONE: 8062255111 MAIL ADDRESS: STREET 1: 1000 STANLEY DR CITY: NEW BRITAIN STATE: CT ZIP: 06053 8-K 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report(Date of earliest event reported):February 18, 1997 The Stanley Works (Exact name of registrant as specified in charter) Connecticut 1-5224 06-058860 (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) incorporation) 1000 Stanley Drive, New Britain, Connecticut 06053 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code:(203) 225-5111 Not Applicable (Former name or former address, if changed since last report) Exhibit Index is located on Page 4 Item 5. Other Events. 1. On February 18, 1997, the Registrant issued a press release. Attached as Exhibit (20)(i) is a copy of the Registrant's press release. This Exhibit is incorporated herein by reference. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (20)(i) Press release dated February 18, 1997 announcing the sale of Stanley s Garage- Related Products business unit. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized THE STANLEY WORKS By: Stephen S. Weddle Name: Stephen S. Weddle Title: Vice President, General Counsel and Secretary Date: February 18, 1997 EXHIBIT INDEX Current Report on Form 8-K Dated February 18, 1997 Exhibit No. Page 20(i) 5 Exhibit (20)(i) FOR IMMEDIATE RELEASE February 18, 1997 THE STANLEY WORKS COMPLETES DIVESTITURE PROGRAM New Britain, Connecticut (NYSE:"SWK") ... The Stanley Works today announced it has completed the sale of its Garage-Related Products business unit to Whistler Corporation of Chelmsford, Massachusetts. The Garage-Related Products business, a segment of Stanley Door Systems, produces and sells garage doors, garage door openers and gate operators, and related electronic accessories. Stanley Door Systems management emphasized its commitment to assist Whistler personnel with the Garage-Related products business for several months, ensuring continued transition support to customers and employees. The disposition was made in order to focus the company s efforts on continued profitable growth in its entry door business. Terms of the transaction were not disclosed. The company also indicated it will retain its Office Products business unit, previously targeted for sale. Opportunities for operational improvements, expected to enhance the performance of that business unit, were cited. These two announcements bring closure to the company s divestiture program, announced early in 1996. This program was successful in removing a number of non- strategic business units from the company s portfolio, freeing capital for reinvestment. The Stanley Works is a worldwide producer of tools, hardware and specialty hardware for consumer, home improvement, industrial and professional use. Whistler Corporation manufactures and sells automobile electronics including radar detectors, automobile security products and other automotive aftermarket products. Contact: Gerard J. Gould Director, Investor Relations and Communications Tel.: (860) 827-3833 The Stanley Works corporate press releases are available through PR Newswire's "Company News On-Call" service. By FAX: dial 1-800-758-5804, ext. 874363 or on the internet at: http://www.prnewswire.com or http://www.StanleyWorks.com. -----END PRIVACY-ENHANCED MESSAGE-----