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): January 20, 1999
The Stanley Works
(Exact name of registrant as specified in charter)
Connecticut 1-5224 06-058860
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
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)
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Item 5. Other Events.
1. On January 19,1999, the Registrant announced
that it had signed an agreement to meet the very latest Federal Trade Commission
guidelines for Made in USA labeling on its mechanics tools. Attached as Exhibit
(20)(i) is a copy of the Registrant's press release.
Item 7. Financial Statements, Pro Forma Financial
Information and Exhibits.
(c) 20(i) Press Release dated January 19, 1999 announcing
an agreement with the Federal Trade Commission
relating to Made in USA labeling.
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SIGNATURE
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, thereunto duly authorized.
THE STANLEY WORKS
Date: January 20, 1999 By: Stephen S. Weddle
-----------------
Name: Stephen S. Weddle
Title: Vice President, General
Counsel and Secretary
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Exhibit 20 (i)
Agreement with FTC Reinforces
Stanley's Commitment to Made in USA
New Britain, CT, January 19, 1999 -- The Stanley Works has signed an
agreement to meet the very latest Federal Trade Commission guidelines for Made
in USA labeling on its mechanics tools.
The guidelines were announced by the FTC in December of 1997. Almost
all of Stanley's products met the new guidelines even before they were
announced.
Immediately following the change in FTC guidelines, Stanley voluntarily
took steps to ensure that all of its products would comply with the change.
Those steps have been taken, and the agreement announced today does not require
Stanley to make any additional changes.
"Stanley has always acted in accordance with U.S. law," said John M. Trani,
Chairman and Chief Executive Officer. "We voluntarily took actions to meet or
exceed the latest and most stringent FTC guidelines."
The agreement between Stanley and the FTC imposes no fines or penalties
and does not require the company to agree with any FTC statements about past
compliance.
MEDIA CONTACT: INVESTOR RELATIONS CONTACT:
Vance Meyer Gerry Gould
(860) 827-3871 (office) (860) 827-3833 (Office)
(203) 795-0581 (home)
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