8-K

 

UNITED STATES
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): December 6, 2004

The Stanley Works
__________________________________________
(Exact name of registrant as specified in its charter)

Connecticut	1-5244	06-0548860
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)
1000 Stanley Drive, New Britain, Connecticut		06053
_________________________________ (Address of principal executive offices)		___________ (Zip Code)

Registrant’s telephone number, including area code: (860) 225-5111

Not Applicable
______________________________________________
Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events.

The Stanley Works has announced that it has completed the sale of its home decor business to Wellspring Capital Management, LLC.

Item 9.01. Financial Statements and Exhibits.

(a) Not Applicable.

(b) Not Applicable.

(c) Exhibits.
99.1 Press Release, dated December 6, 2004, issued by The Stanley Works, announcing that it has completed the sale of its home decor business to Wellspring Capital Management, LLC.

SIGNATURES

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 hereunto duly authorized.

	The Stanley Works
December 6, 2004	By:	/s/ Bruce H. Beatt
		Name: Bruce H. Beatt
		Title: Vice President, Secretary and General Counsel

Exhibit Index

Exhibit No.	Description
99.1	The Stanley Works' press release dated December 6, 2004, announcing that it has completed the sale of its home decor business to Wellspring Capital Management, LLC.

EX-99.1

FOR IMMEDIATE RELEASE

THE STANLEY WORKS COMPLETES SALE OF HOME DÉCOR BUSINESS

New Britain, Connecticut, December 6, 2004 ... The Stanley Works (NYSE: SWK) announced today that it has completed the sale of its home décor business to Wellspring Capital Management, LLC.

The transaction generated an after-tax gain of approximately $30 million, or 35¢ per fully diluted share, and net proceeds of approximately $65 million, which will be utilized in part for repayment of debt and in part to fund recently-announced acquisitions.

The Stanley Works, an S&P 500 company, is a worldwide supplier of consumer products, industrial tools and security solutions for professional, industrial and consumer use.

Contact: Gerry Gould

Vice President, Investor Relations
(860) 827-3833
ggould @ stanleyworks.com

The Stanley Works corporate press releases are available under Financial News in the Investor Relations section of the company’s corporate web site at www.stanleyworks.com.