HARTFORD – Stanley Black & Decker announced Tuesday plans to open an Advanced Manufacturing Center of Excellence in downtown Hartford.
The center will accelerate the company’s global Industry 4.0 “smart factory” initiative which focuses on using automation and data exchange in manufacturing technologies, company officials said.
Called “Manufactory 4.0,” the 23,000-square-foot center will be located at One Constitution Plaza. The Center will employ 50 Industry 4.0 professionals. The name “Manufactory 4.0” is a nod to the Stanley Bolt Manufactory founded in 1843. The center is slated to open in mid-2018, said Tim Perra, vice president of public affairs for Stanley Black & Decker.
Sudhi Bangalore, WIPRO’s Global Head of Smart Manufacturing and Industry Solutions, has been appointed to lead the center. A manufacturing accelerator collaboration with Techstars will also be housed in the building, officials said. The manufacturing accelerator will be an incubator program for 10 start-ups which will be able to utilize the “Manufactory 4.0” engineers and equipment to hone their business plans, Perra said.
The creation of the center is a boon for the company and the city of Hartford, Stanley Black & Decker officials said.
“Strong urban cores, and in particular a vibrant capital city, are essential to Connecticut’s ability to thrive which is why we decided to locate this important new initiative in Hartford,” said Stanley Black & Decker President and Chief Executive Officer Jim Loree. “Our team has worked closely with Mayor (Luke) Bronin’s office and we are excited to be a part of building a vibrant, strong capital city.”
Industry 4.0 promotes the computerization and automation of manufacturing. The center will serve as the “epicenter” for the latest technologies and processes in Industry 4.0, said Stanley Black & Decker’s Chief Financial Officer Don Allen.
Stanley was founded almost 175 years ago in New Britain. The company acquired Black & Decker in 2010 and operates 30 manufacturing facilities in the United States including three in Connecticut. The company has more than 100 manufacturing facilities throughout the world.
New Britain Mayor Erin Stewart said representatives from Stanley contacted her to give her a heads-up on the Harford expansion.
“I’m disappointed they didn’t choose New Britain in partnership with CCSU (Central Connecticut State University) but glad to see they are expanding in Connecticut,” Stewart told The Herald.
Lisa Backus can be reached at 860-801-5066 or Lbackus@centralctcommunications.com. Follow Lisa Backus on Twitter @LbackusNBH