As previously reported, Stanley Black & Decker was in the process of selling their Delta power tool brand to a Taiwan-based manufacturing company. The new company, Delta Power Equipment Corp. is now a wholly-owned subsidary of Chang Type Industrial Co. Ltd as the deal successfully closed on February 4th.
Delta PEC is now in the process of moving machinery and equipment from their Tennessee location to their new Anderson, SC headquarters. The Anderson facility is expected to be fully operational by April 2011.
Press release follows on the next page.