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In 2020, the “Black-owned” label became a beacon for those seeking to support Black businesses — but it has also brought a backlash.
DeWalt was acquired in 1960, and sold to Black & Decker. In March 12, 2010 Black & Decker merged with Stanley Works to become Stanley Black & Decker. It’s a wholly owned subsidiary of that company. During World War II, Stanley Works received the Army-Navy "E" Award for excellence in war production.
In the US, Black-owned businesses (or Black businesses), also known as African American businesses, originated in the days of slavery before 1865. Emancipation and civil rights permitted businessmen to operate inside the American legal structure starting in the Reconstruction Era (1863–77) and afterwards.
39% of Black-owned businesses were owned by Black women in 2021, while men owned 53%. In the 2023 fiscal year, the SBA backed 4,781 loans to Black-owned businesses, totaling $1.45 billion.
Find inspiration for the perfect gift from this lengthy list of Black-owned businesses you can shop right now. Related: 25 Black-Owned Home Decor Brands to Shop Accessories and Apparel
As of 2023, plates are issued by the Illinois Secretary of State . Front and rear plates are required on most vehicle types, with the exception of motorcycles, motor-driven cycles, and trailers. Plates were issued annually until 1979; multi-year plates have been issued ever since.
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