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OverviewDewalt Industrial Tool Company is an American worldwide manufacturer of power tools and hand tools for the construction, manufacturing, and woodworking industries. Dewalt is a registered trademark of Black & Decker (U.S.) Inc., a subsidiary of Stanley Black & Decker. The original company was started in 1923 by Raymond E. Dewalt , the inventor of the radial arm saw. The company grew quickly and was reorganized and reincorporated in 1947 as Dewalt Inc. After buying the company in 1949, American Machine & Foundry Co., Inc. sold it to Black & Decker in 1960. Black & Decker divested itself of the radial arm saw manufacturing branch in 1989, selling it to two executives. Radial arm saws that use the original Dewalt design can still be obtained from the Original Saw Co. In 1992, Black & Decker started a major effort to rebrand its professional quality and high-end power tools to Dewalt . In 1994, Dewalt took over the German woodworking power tool producer ELU. Dewalt increased its line of tools using ELU's technology. As of 2001, Dewalt manufactures and sells more than 200 different power hand tools and 800 accessories. Dewalt is now a popular brand of tools for commercial contractors. In 2004, Black and Decker bought rival power tool manufacturer Porter-Cable and combined it with Dewalt in Jackson, Tennessee. In 2011, Dewalt launched a line of contractors' hand tools (including utility knives, pliers, adjustable wrenches, tape measures, saws, and hammers). In 2013, the line was expanded to include mechanics' tools (wrenches, ratchets, and sockets). In December 2013, Dewalt issued a press release stating it would be bringing some assembly of a small selection of their products to the United States using globally manufactured parts from Brazil, China, the Czech Republic, Italy, Mexico, the United Kingdom, and the United States. The products assembled in the United States would be branded under the label, "Built in the USA with global materials. Dewalt was acquired in 1960 and continued to produce radial arm saws, table saws, belt/disc sanders, and other stationary power equipment. In 1992, Black & Decker introduced a few models of hand power tools under the Dewalt label to the consumer and tradesman market. These tools were merely rebadged models from the Black & Decker "Professional" and "Kodiak" lines with new yellow housing. Both lines were shortly thereafter discontinued in favor of the Dewalt label and its growing popularity. In a market survey of the United States done by Black & Decker before its reintroduction, the name Dewalt was recognized by 70% percent of tradespersons.