DEWALT® Unveils Tool Connect™ Partner Network - Construction Industry's Largest Ecosystem for Seamless, Comprehensive Jobsite Asset Tracking
DEWALT, a Stanley Black & Decker brand, launched the Tool Connect™ Partner Network, integrating Geotab, Trackunit, and BoxLock as extended detection nodes for jobsite asset tracking. The network targets construction theft losses that range from $300 million to $1 billion annually, with tool-specific U.S. losses of roughly $100 million and recovery rates often under 25%. Existing Tool Connect™ users can activate the integrations with no new hardware; additional telematics and workflow-platform partners are expected to join within the year.
Key figures
- Swk employees
- 41000
- Recovery rate range
- often under 25%, in some cases below 7%
- Annual tool losses us
- approximately $100 million
- Industry annual theft losses
- $300 million to $1 billion
AI analysis
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