VALLEY CITY, OHIO (Feb. 22, 4:40 p.m. ET) — Following deliberations that met an impasse, management for an injection molding plant in Valley City has decided to relocate the operation to cut costs.

An investment by Stanley Black & Decker Inc. in MTD Products Inc. gives the companies "more tools in the toolbox," said Robert Moll, CEO and chairman of MTD. "I know it's a bad pun, but it really does ...