Lenox

Founded 1915 in East Longmeadow, Massachusetts as the American Saw and Manufacturing Company by Wilfred Lenox Newell. Acquired by Newell Rubbermaid in 2003 (which renamed itself Newell Brands in 2016). Stanley Black & Decker acquired Lenox along with Irwin and Hilmor from Newell Brands for $1.95 billion in cash, with the deal announced October 12, 2016 and closing March 10, 2017. Combined Newell Tools trailing twelve-month revenue at announcement was approximately $760 million; Lenox represented roughly 40 percent of that mix, implying ~$300M annual Lenox revenue going into the SBD ownership era.

Lenox retains a credible reputation among professional tradespeople for industrial cutting consumables and has not (yet) shown the offshoring-driven quality decline visible in some other consolidated SBD acquisitions. Watchlist rather than Avoid pending more visibility into post-2017 manufacturing footprint changes and SKU-level country-of-origin shifts.