(…) The Engineered Fastening business achieved its eighth consecutive quarter of double-digit sales growth as organic revenues increased 18%, significantly outpacing global light vehicle production, which grew 4%. Revenues in Japan grew in the mid-teens versus 4Q’10, benefiting from a solid rebound in automotive production in the region. Revenues and profits in Asia, Europe and the Americas expanded with strength due to the ongoing benefits of new products and increased vehicle penetration.(…)
via Stanley Black & Decker Reports 4Q 2011 and Full Year 2011 Results – MarketWatch.