Washington (August 7, 2002) -- Stanley Works has won the approval of Senators Max Baucus and Chuck Grassley, chairman and ranking member of the Senate Finance Committee, by deciding to remain in the United States.

"We applaud Stanley Works for their decision to remain in the United States." the Senators said. "Congress needs to pass the Grassley-Baucus REPO Act. Without it, other corporations will not follow Stanley's wise decision."

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