Towson Fortune 500 Company To Move To CT![Black&Decker_LogoColor Black&Decker_LogoColor](https://www.eyeonannapolis.net/wp-content/uploads/2009/11/BlackDecker_LogoColor-300x130.jpg)
The Baltimore Sun is reporting that Stanley Works of New Britain, CT has acquired the Towson firm for $4.5 Billion Dollars.
Black & Decker is one of three Fortune 500 companies in the Baltimore area and no doubt this will have a large and lasting impact on the local economy as the headquarters employs 1,200 in Baltimore County alone.