Black & Decker CYCLONE BLC12600BUC Manuel d'utilisateur télécharger pdf (Page 6)

SMART SELECT; AUTO SELECT; LITHIUM BATTERY-TECH; SMARTDRIVER; READY-WRENCH; CYCLONE;

NAVIGATOR; DRAGSTER; SANDSTORM; PROJECTMATE; PIVOTPLUS; QUICK CLAMP; SIGHT LINE; ACCU-MARK;

ACCU-BEVEL; CROSSFIRE; CROSSHAIR; 360°; QUATTRO; DECORMATE; LASERCROSS; AUTO-WRENCH;

AUTO-TAPE; AIRSTATION; SHOPMASTER BY DELTA; DEWALT; YELLOW AND BLACK COLOR SCHEME;

GUARANTEED TOUGH; XRP; XLR; XPS; NANO; EHP; PORTER-CABLE; TRADESMAN; GRAY AND BLACK COLOR

SCHEME; IMPACT READY; PORTA-BAND; POWERBACK; MOLLY; JOB BOSS; DELTA; THE DELTA TRIANGLE LOGO;

UNISAW; OMNIJIG; TIGER SAW; TIGER CLAW; CONTRACTOR’S SAW; UNIFENCE; T-SQUARE;MAG SAW;

ENDURATECH; BIESEMEYER; BLACK AND WHITE COLOR SCHEME; DAPC; EMGLO; AFS AUTOMATIC FEED SPOOL;

GROOM ‘N’ EDGE; HEDGE HOG; GRASS HOG; EDGE HOG; LEAF HOG; LAWN HOG; STRIMMER; REFLEX; VAC ‘N’

MULCH; ALLIGATOR; TRIM ‘N’ EDGE; HDL; TOUGH TRUCK; FLEX TUBE; VECTOR; ELECTROMATE; SIMPLE START;

DUSTBUSTER; DUSTBUSTER FLEXI; SNAKELIGHT; SCUMBUSTER; STEAMBUSTER; CYCLOPRO; SWEEP &

COLLECT; PIVOT VAC; CLICK & GO; B&D; BULLET; QUANTUM PRO; PIRANHA; SCORPION; QUICK CONNECT; PILOT

POINT; RAPID LOAD; ROCK CARBIDE; TOUGH CASE; MAX LIFE; RAZOR; OLDHAM; DEWALT SERVICENET; DROP

BOX EXPRESS; and GUARANTEED REPAIR COST (GRC).

The composition of the Corporation’s sales by product groups for 2009, 2008, and 2007 is included in Note 17 of Notes to

Consolidated Financial Statements included in Item 8 of Part II of this report. Within each product group shown, there existed no

individual product that accounted for greater than 10% of the Corporation’s consolidated sales for 2009, 2008, or 2007.

The Corporation’s product offerings in the Power Tools and Accessories segment are sold primarily to retailers, wholesalers,

distributors, and jobbers, although some discontinued or reconditioned power tools, lawn and garden products, consumer portable

power products, and electric cleaning and lighting products are sold through company-operated service centers and factory outlets

directly to end users. Sales to two of the segment’s customers, The Home Depot and Lowe’s Companies, Inc., accounted for greater

than 10% of the Corporation’s consolidated sales for 2009, 2008, and 2007. For additional information regarding sales to The Home

Depot and Lowe’s Companies, Inc., see Note 17 of Notes to Consolidated Financial Statements included in Item 8 of Part II of this

report.

The Corporation’s product service program supports its power tools and lawn and garden products. Replacement parts and product

repair services are available through a network of company-operated service centers, which are identified and listed in product

information material generally included in product packaging. At December 31, 2009, there were approximately 120 such service

centers, of which roughly three-quarters were located in the United States. The remainder was located around the world, primarily in

Canada and Asia. These company-operated service centers are supplemented by several hundred authorized service centers operated

by independent local owners. The Corporation also operates reconditioning centers in which power tools, lawn and garden products,

and electric cleaning and lighting products are reconditioned and then re-sold through numerous company-operated factory outlets and

service centers and various independent distributors.

Most of the Corporation’s consumer power tools, lawn and garden products, and electric cleaning, automotive, lighting, and household

products sold in the United States carry a two-year warranty, pursuant to which the consumer can return defective products during the

two years following the purchase in exchange for a replacement product or repair at no cost to the consumer. Most of the

Corporation’s industrial power tools sold in the United States carry a one-year service warranty and a three-year warranty for

manufacturing defects. Products sold outside of the United States generally have varying warranty arrangements, depending upon

local market conditions and laws and regulations.

The principal materials used in the manufacturing of products in the Power Tools and Accessories segment are batteries, copper,

aluminum, steel, certain electronic components, motors, and plastics. These materials are used in various forms. For example,

aluminum or steel may be used in the form of wire, sheet, bar, and strip stock.

The materials used in the various manufacturing processes are purchased on the open market, and the majority are available through

multiple sources and are in adequate supply. The Corporation has experienced no significant work stoppages to date as a result of

shortages of materials.

The Corporation has certain long-term commitments for the purchase of various finished goods, component parts, and raw materials.

Since the onset of the global economic crisis in 2008, certain of the Corporation’s suppliers have experienced financial difficulties and

the Corporation believes it is possible that a limited number of suppliers may either cease operations or require additional financial

assistance from the Corporation in order to fulfill their obligations. However, alternate sources of supply at competitive prices are

available for most items for which long-term commitments exist. Because the Corporation is a leading producer of power tools and

accessories, in a limited number of instances, the magnitude of the Corporation’s purchases of certain items is of such significance that

a change in the Corporation’s established supply relationship may cause disruption in the marketplace and/or a temporary price

imbalance. While the Corporation believes that the termination of any of these commitments would not have a material adverse effect

on the operating results of the Power Tools and Accessories segment over the long term, the termination of

Source: BLACK & DECKER CORP, 10-K, February 19, 2010 Powered by Morningstar

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Black & Decker CYCLONE BLC12600BUC Manuel d'utilisateur Page 6

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