New Britain-based industrial tools and household hardware manufacturer Stanley Black & Decker continued to ride a recent boom in construction projects into the first quarter of 2021, with profits rising sharply from a year earlier.
The company reported net income of $478 million, or $3.04 per share, up from $133.2 million, or 89 cents, in the year-ago period. Net sales climbed from $3.1 billion in the opening quarter of 2020 to $4.1 billion in the first quarter of 2021.
In a statement, Stanley Black & Decker CEO James M. Loree attributed the results to several consumer trends he said had been amplified by the COVID-19 pandemic, including customers’ “reconnection” to their homes and gardens, e-commerce, and a renewed emphasis on health and safety.
Police: Catalytic converter thieves struck Stamford overnight Monday
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Stamford policeMichael Cummo / Hearst Connecticut Media
STAMFORD Police are investigating a rash of catalytic converter thefts that happened overnight Monday in the Springdale-Glenbrook area of Stamford.
Capt. Richard Conklin said police responded to 15 separate reports of stolen catalytic converters between Monday night and Tuesday morning.
The thieves targeted large trucks concentrated in the commercial sector of the neighborhood along Hope Street, primarily in the area of Research Drive, Riverbend Drive and Larkin Street, according to Conklin.
“This happens every so often. It means a crew was likely down here and very active,” he said.
Police: Catalytic converter thieves struck Stamford overnight Monday sheltonherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sheltonherald.com Daily Mail and Mail on Sunday newspapers.
Middletown first in CT to have all-electric school bus
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Local officials heralded DATTCO’s purchase of a Collins Type A All-Electric School Bus Monday at Middletown High School.Cassandra Day / Hearst Connecticut MediaShow MoreShow Less
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Middletown Superintendent of Schools Michael Conner speaks Monday about the all-electric school bus paid for with Volkswagen settlement funds and DATTCO.Cassandra Day / Hearst Connecticut MediaShow MoreShow Less
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DATTCO President Don DeVivo speaks Monday at Middletown High School during the unveiling of a new all-electric school bus for the district.Hearst Connecticut Media file photoShow MoreShow Less
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Middletown Mayor Ben Florsheim at the unveiling of an electric bus purchased through Volkswagen settlement funds at Middletown High School Monday.Cassandra Day / Hearst Connecticut MediaShow MoreShow Less