Stanley Black & Decker invests $1B in tools and trades training

Stanley Black & Decker has announced a $1 billion investment aimed at developing next-generation tools and increasing training access to expand the skilled trades workforce.

In the construction consultancy sector, Cumming Group has acquired TLM Group, a New York-based project management firm. TLM Group specializes in managing data center programs for financial institutions, colocation providers, and hyperscalers across the United States, Canada, and Mexico. The acquisition integrates TLM into Cumming’s Advanced Technology division, which was established to address rising demand for high-tech and industrial facility projects.