Black & Decker 2012 Annual Report Download - page 18

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4
CDIY
The CDIY segment is comprised of the Professional Power Tool and Accessories business, the Consumer Power Tool business,
which includes outdoor products and the Hand Tools, Fasteners & Storage business. The segment sells its products to
professional end users, distributors and retail consumers. The majority of sales are distributed through retailers, including home
centers, mass merchants, hardware stores, and retail lumber yards. Annual revenues in the CDIY segment were $5.2 billion in
2012, representing 51% of the Company’s total revenues.
The Professional Power Tool and Accessories business sells professional grade corded and cordless electric power tools and
equipment including drills, impact wrenches and drivers, grinders, saws, routers and sanders. The business also sells power tool
accessories which include drill bits, router bits, abrasives and saw blades.
The Hand Tools, Fasteners & Storage business sells measuring and leveling tools, planes, hammers, demolition tools, knives,
saws and chisels. Fastening products include pneumatic tools and fasteners including nail guns, nails, staplers and staples.
Storage products include tool boxes, sawhorses and storage units.
The Consumer Power Tool business sells corded and cordless electric power tools sold under the Black & Decker brand, lawn
and garden products and home products. Lawn and garden products include hedge trimmers, string trimmers, lawn mowers,
edgers, and related accessories. Home products include hand held vacuums, paint tools and cleaning appliances.
Security
The Security segment is comprised of the Convergent Security Solutions ("CSS") and Mechanical Access Solutions ("MAS")
businesses. Annual revenues in the Security segment were $2.4 billion in 2012, representing 24% of the Company’s total
revenues.
The CSS business designs, supplies and installs electronic security systems and provides electronic security services, including
alarm monitoring, video surveillance, fire alarm monitoring, systems integration and system maintenance. Purchasers of these
systems typically contract for ongoing security systems monitoring and maintenance at the time of initial equipment
installation. The business also sells healthcare solutions, which includes medical carts and cabinets, asset tracking solutions,
infant protection, pediatric protection, patient protection, wander management, fall management, and emergency call products.
The CSS business sells to consumers, retailers, educational, financial and healthcare institutions, as well as commercial,
governmental and industrial customers. Products are sold predominantly on a direct sales basis.
The MAS business sells and installs automatic doors, commercial hardware, locking mechanisms, electronic keyless entry
systems, keying systems, tubular and mortise door locksets. MAS sells to commercial customers primarily through direct and
independent distribution channels.
Industrial
The Industrial segment is comprised of the Industrial and Automotive Repair ("IAR"), Engineered Fastening and Infrastructure
businesses. Annual revenues in the Industrial segment were $2.6 billion in 2012, representing 25% of the Company’s total
revenues.
The IAR business sells hand tools, power tools, and engineered storage solution products. The business sells to industrial
customers in a wide variety of industries and geographies. The products are distributed through third party distributors as well
as a direct sales force.
The Engineered Fastening business primarily sells engineered fastening products and systems designed for specific
applications. The product lines include stud welding systems, blind rivets and tools, blind inserts and tools, drawn arc weld
studs, engineered plastic fasteners, self-piercing riveting systems and precision nut running systems. The business sells to
customers in the automotive, manufacturing, and aerospace industries, amongst others, and its products are distributed through
direct sales forces and, to a lesser extent, third party distributors.
The Infrastructure business consists of CRC-Evans and the Company’s Hydraulics businesses. The product lines within the
Infrastructure business include custom pipe handling machinery, joint welding and coating machinery, weld inspection services
and hydraulic tools and accessories. The business sells to the oil and natural gas pipeline industry and other industrial
customers. The products and services are primarily distributed through a direct sales force and, to a lesser extent, third party
distributors.