DEWALT® Unveils Tool Connect™ Partner Network - Construction Industry's Largest Ecosystem for Seamless, Comprehensive Jobsite Asset Tracking

Tool-location accuracy depends on third-party partner technology.

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Rhea-AI Summary

Stanley Black & Decker (NYSE: SWK) brand DEWALT launched the Tool Connect Partner Network to extend jobsite tool tracking through partner infrastructure.

Inaugural partners Geotab, Trackunit and BoxLock extend detection across vehicle fleets, heavy equipment and secured storage. The network uses partners' existing infrastructure, with no new hardware required for existing Tool Connect users. Existing customers can activate integrations through the Tool Connect website. DEWALT expects additional partners, including providers of business software and equipment-tracking systems, to join in the coming year.

News Explained

DEWALT states that tool location depends on the accuracy of third-party partner technology, a limitation on the expanded detection network.

Key Figures

Annual construction-site equipment theft losses: $300 million-$1 billion Equipment recovery rates: Often under 25%; in some cases below 7% Annual construction-site tool losses: Approximately $100 million

Annual construction-site equipment theft losses: $300 million-$1 billion; U.S. industry estimate cited from a NIBRS study
Equipment recovery rates: Often under 25%; in some cases below 7%; Recovery of stolen construction-site assets
Annual construction-site tool losses: Approximately $100 million; U.S. construction sites

Key Terms

telematics, erp

2 terms

telematics technical

"A global leader in connected operations, video telematics and AI-powered insights"

Telematics is the technology that collects, transmits and analyzes data from vehicles or remote equipment—such as location, speed, engine status and sensor readings—using GPS, cellular networks and onboard computers. For investors it matters because telematics turns physical assets into data-rich services, enabling new revenue streams (like usage-based insurance, fleet optimization, or predictive maintenance), reducing costs and improving risk visibility much like a fitness tracker does for health.

erp technical

"platforms spanning ERP, estimating, and other critical workflows"

ERP, or Enterprise Resource Planning, is a comprehensive software system that helps organizations manage and integrate core business processes such as finance, supply chain, and human resources in one unified platform. For investors, ERP systems can indicate how efficiently a company operates; strong and well-integrated systems often suggest good management and potential for sustainable growth.

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10/05/2026 - 09:00 AM

Construction professionals today manage DEWALT tools and equipment across trucks, jobsites, warehouses, and heavy equipment - often losing visibility whenever tools leave a fixed gateway's range. The Tool Connect™ Partner Network covers these blind spots by leveraging partner platforms as an extended detection network, locating DEWALT tools and equipment across more of the jobsite and supply chain
DEWALT is helping to reduce jobsite tool and equipment loss, which can reach up to $1 billion annually, through this comprehensive tool management solution
Inaugural partners Geotab, Trackunit, and BoxLock extend the Tool Connect™ detection network across vehicle fleets, heavy equipment, and secured storage with no new hardware required for existing Tool Connect™ users

TOWSON, Md., Oct. 5, 2026 /PRNewswire/ -- DEWALT, a Stanley Black & Decker (NYSE: SWK) brand and leader in total jobsite solutions, today announced the launch of the DEWALT Tool Connect™ Partner Network, a first-of-its-kind ecosystem that integrates leading technology providers to deliver the most comprehensive jobsite asset tracking solution in the construction industry.

DEWALT is helping to reduce jobsite tool and equipment loss, which can reach up to $1 billion annually, through the expansion of Tool Connect, its comprehensive tool management solution.

According to a study of the National Incident-Based Reporting System (NIBRS)¹, construction site theft continues to impact the U.S. industry, with annual losses ranging between $300 million and $1 billion in stolen equipment alone. Alarmingly, recovery rates remain dismally low - often under 25%, and in some cases below 7% - leaving most stolen assets unrecovered. Tool-specific losses are also substantial: U.S. construction sites lose tools valued at approximately $100 million annually.

The Tool Connect™ Partner Network builds on DEWALT's existing connected solutions, including mobile devices equipped with the DEWALT Tool Connect app, as well as the DEWALT Construction Asset Gateway (DCE082), a Bluetooth-enabled cellular gateway that attaches to job boxes and tool rooms to detect and locate nearby DEWALT Tool Connect™ tools and tagged equipment. Partner integrations extend this detection capability by leveraging each partner's existing infrastructure as additional detection nodes —capturing DEWALT tool and equipment locations wherever partner hardware is present. Partners include:

Geotab: A global leader in connected operations, video telematics and AI-powered insights that will detect and report the location of nearby DEWALT Tool Connect™ tools as they move across their customers' fleet.
Trackunit: The construction industry's leading telematics and intelligence platform for off-road equipment, enabling Trackunit-connected machines to detect DEWALT Tool Connect™ tools on and around heavy equipment and machinery on the jobsite.
BoxLock: Innovator in intelligent access control solutions, enabling BoxLock-secured storage units to serve as detection points that log DEWALT tool location when tools are accessed or nearby.

"Our customers have told us that the network is the largest challenge in deploying tool tracking at scale," said Eric Loeliger, Director of Product Management, DEWALT. "The Tool Connect™ Partner Network solves this by turning the infrastructure customers already have — their fleet vehicles, their heavy equipment, their smart locks — into a tracking network for their DEWALT tools. They get a single view of where their tools are, with significantly less effort. This is the broadest network of its kind in the industry."

Today's construction professionals face the challenge of tracking assets across various locations—trucks, worksites, warehouses, and heavy equipment—using fragmented systems that can lead to gaps in visibility. The Tool Connect™ Partner Network solves this by consolidating premier technology providers into one connected platform. Additional partners — including telematics providers and platforms spanning ERP, estimating, and other critical workflows — are expected to join the network in the coming year.

Existing Tool Connect™ customers can activate partner integrations today through the Tool Connect™ website.

For organizations new to Tool Connect™, create your account at https://toolconnect.dewalt.com/create-account or contact toolconnectsupport@sbdinc.com or your DEWALT representative to get started.

¹http://ascpro0.ascweb.org/archives/cd/2019/paper/CPRT247002019.pdf
Location of tool dependent on accuracy of third-party partner technology.

About DEWALT
DEWALT, a Stanley Black & Decker brand, is a leader in total jobsite solutions. For more than 100 years, DEWALT has been powering the future of construction with tools and technologies that have been designed, built and tested to help deliver safety and productivity on every jobsite. For more information, visit www.dewalt.com or follow DEWALT on Facebook, Instagram and LinkedIn.

About Stanley Black & Decker
Founded in 1843 and headquartered in the USA, Stanley Black & Decker (NYSE: SWK) is a worldwide leader in Tools and Outdoor, operating manufacturing facilities globally. The Company's approximately 41,000 employees produce innovative end-user inspired power tools, hand tools, storage, digital jobsite solutions, outdoor and lifestyle products, and engineered fasteners to support the world's builders, tradespeople and DIYers. The Company's world class portfolio of trusted brands includes DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and Cub Cadet®. To learn more visit: www.stanleyblackanddecker.com or follow Stanley Black & Decker on Facebook, Instagram, LinkedIn and X.