Monthly Archives: January 2017

Toolots is pleased to announce the addition of  a new vendor, TK Equipment, to our E-Commerce marketplace and Global Commerce Services initiative. Based in Texas, TK Equipment manufactures concrete and mortar mixers alongside complementary light construction equipment. TK Equipment’s products will be available on Toolots.com mid February 2017 for sale to customers located domestically in the U.S. and internationally in China.

TK Equipment’s products include concrete saws and mixers, mortar mixers, surface preparation equipment, handling materials and more.TK Equipment’s motorized products are available with either gasoline, electric, or diesel motors, and currently have over 70 service dealerships where authorized warranty repair and maintenance can occur. All products manufactured by TK Equipment are made to match industrial high quality standards at competitive prices including customer services and digital copies of how to, parts breakdown, and operator manuals. Toolots is pleased to offer our domestic and international customers concrete and mortar mixers through the inclusion of TK Equipment. For purchasing information, visit TK Equipment’s marketplace on Toolots.com.

Toolots Inc., will be celebrating the Chinese New Year this weekend from Friday January 27,2017 to Sunday January 29, 2017.

The company collectively would like to take this time to wish its network of vendors and customers, both domestically and overseas, a Happy Chinese New Year! May 2017 bring you and your loved ones prosperity and happiness.

Toolots is pleased to announce the addition of Karmetal (KMT) products with Bolton Tools as their official licensed distributor to our E-Commerce marketplace. KMT manufactures high quality industrial bandsaws using the latest technological advancements to ensure quality and offer their customers competitive pricing. Additionally, KMT provides a two-year warranty for machine mechanics, and a one-year warranty for electric/electronic parts and components on each purchased bandsaw. KMT bandsaws domestically ship out of their North American warehouse in Chicago and, like Toolots, the company offers quality after-sales services.

Toolots is excited to offer our customers precision industrial bandsaws through the addition of Karmetal (KMT)’s products through distribution by Bolton Tools. For purchasing information, visit KMT’s marketplace on Toolots.com.

Toolots has announced the addition of Advanced Precision Linear LLC (APL) products and services to our E-Commerce marketplace. APL is the exclusive U.S. distributor of TBI Motion Technology Co. who manufacture linear motion products including ball screws, precision ball screws and splines, and linear guard rails. Advanced Precision Linear distributes TBI Motion products for use in industrial machining and the robotic industry, and for tooling, medical equipment, solar energy equipment, and more. Additionally, APL provides servicing for all their linear motion products, as well as technical support in tandem with TBI Motion.

Toolots is pleased to offer our customers high-quality ball screws, linear guide rails, ball splines through the inclusion of Advanced Precision Linear LLC’s products in our marketplaces. For purchasing information, visit APL’s marketplace on Toolots.com.

Toolots will be attending World of Concrete’s 2017 43rd trade show hosted at the Las Vegas Convention center later this week

Photo courtesy of MCAA.org

CERRITOS, Calif. - January 18, 2017 - Toolots, Inc., a California-based provider of factory-direct industrial machinery, equipment, and technology, will be attending the World of Concrete (WOC) Trade Show held in Las Vegas, Nevada from this Wednesday January 18, 2017 to Friday January 20, 2017.

The WOC features international equipment manufacturers and U.S. based distributors of tools, services, and machinery for the concrete, construction, and manufacturing industries (WOC). The event will include more than 500,000 square feet of exhibition space, and is scheduled to have roughly 1500 exhibitors from U.S. based manufacturing companies.

Toolots’ Vice President of Product Operations Daniel De La O and Director of Global Commerce Services Grant Montgomery will be in attendance to speak with U.S. based manufacturing companies like Vytek and BitWizard interested in selling their products domestically through Toolots’ E-commerce marketplace or internationally through Toolots’ Global Commerce Services initiative.

Daniel De La O said Toolots is “excited for the potential to offer our customers industrial concrete machines, equipment, and parts.” He continued by explaining that the industrial machinery and equipment industry is vast, and Toolots has started 2017 exceptionally well signing up new merchants to their marketplaces.

“There’s a lot of room for growth, exploration, and opportunity in the industrial sector for product lines we haven’t considered yet,” De La O said. He explained that by entering different sectors of the industrial manufacturing space, the company as a whole could easily see continued expansion of product lines in their marketplaces and Global Commerce Services initiative.

“Toolots’ expansion will only become larger as we continue our efforts to partner with manufacturers from a wide variety of different, and often unique, industries,” De La O added. He continued by explaining the benefits of Toolots’ growth would be far reaching. “It will allow our customers and network of vendors more opportunities moving forward.”

About Toolots

Toolots, headquartered in Cerritos, California, offers an online marketplace and international distribution channel for factory-direct industrial tools, machinery, and technology. The user-friendly platform provides fast, easy access to high-quality, affordable equipment to manufacturers. Toolots’ comprehensive services streamline the purchase, delivery, installation and warranty of industrial technology, machinery and components, and uphold the quality of important goods through a vetted network of vendors and service technicians. The company’s dedication to fostering international trade relations passes on cost savings to the consumer, contributes to reduced downtime, improves productivity and expands a manufacturer’s reach. Toolots has strategically located warehouses, showrooms, and offices across the United States and China. For more information about Toolots, visit their website at www.toolots.com.

Jason Fu during his presentation on Toolots' unique business model.

CERRITOS, Calif. - January 16, 2017 - Toolots, Inc., a California-based provider of factory-direct industrial machinery, equipment, and technology hosted an investor conference on January 14th for a variety of interested investors and entrepreneurs accompanied by the attendance of several local press outlets. The event was the latest of three successful conferences hosted by Toolots in the last month, and saw a significantly larger turnout than initially anticipated.

The conference began with Mason Wang, Toolots’ Chief Operating Officer China Division, greeting guests and invited attendees to visit the Toolots China Office in Hangzhou and Ningbo. The event was then followed by individual introductions by each attendee and a tour of Toolots’ warehouse personally lead by Founder and CEO, Jason Fu. During his tour, he outlined Toolots’ expedited fulfilment process and highlighted several of the company’s best selling products such as their lathes and plastic injection molding machines.

Fu providing 40+ investors a tour of Toolots' best selling items in their warehouse.

During his presentation Fu, who originally coined the term Internet 4.0, discussed Toolots’ logistics, their unique business model, and the success of their companion app, YuuTool. “Toolots differs from Amazon and Alibaba marketplaces because we specialize in the sale of industrial products and focus on the importance of aftersales services” Fu stated. He continued by citing YuuTool as the Toolots’ latest endeavor to ensure the satisfaction of each customer following initial sale, while simultaneously connecting the manufacturing community together. The event was concluded by an enthusiastic Q&A session and mixed discussion between Fu and attendees lasting for roughly an hour.

About Toolots

Toolots, headquartered in Cerritos, California, offers an online marketplace and international distribution channel for factory-direct industrial tools, machinery, and technology. The user-friendly platform provides fast, easy access to high-quality, affordable equipment to manufacturers. Toolots’ comprehensive services streamline the purchase, delivery, installation and warranty of industrial technology, machinery and components, and uphold the quality of important goods through a vetted network of vendors and service technicians. The company’s dedication to fostering international trade relations passes on cost savings to the consumer, contributes to reduced downtime, improves productivity and expands a manufacturer’s reach. Toolots has strategically located warehouses, showrooms, and offices across the United States, as well as in mainland China, Taiwan, and Hong Kong. For more information about Toolots, visit their website.                                                ###

Toolots, Inc. on track to successfully add 100 U.S. manufacturers to its network by year's end

CERRITOS, Calif. - January 12, 2017 - Toolots, Inc., a California-based provider of factory-direct industrial machinery, equipment, and technology, announced early this month their projection to add 100 new United States-based companies to their network to sell and export their products to Asia in 2017, with additional domestic distribution. Within the two weeks following Toolots’ announcement, the company has successfully signed up three new U.S. based companies, and currently are finalizing discussions to add another three companies within the next week. Toolots Founder and Chief Executive Officer Jason Fu said by adding 100 U.S. based companies to their network in 2017, Toolots would be one step closer to achieving their goal to foster better relations between the U.S. and China, bridging the gap between manufacturers on both sides of the Pacific.

Toolots' Headquarters in California.

Thus far in 2017, the manufacturing industry has seen an overall rising trend following reports of the industry expanding at its fastest rate since 2009 in December 2016; major automotive manufacturing companies like Fiat and Apple planning to build facilities in the U.S.; and U.S. Steel reopening a facility closed after previous industry decline. More recently, Jack Ma, founder and chairman of the international trade enterprise Alibaba Group, met with President-Elect Donald Trump to discuss plans to focus on U.S. job creation, market expansion, and strengthening U.S. and Chinese relations by signing one million U.S. based smaller businesses to sell on their site.

This concept is not unfamiliar to Toolots, as Fu expressed similar sentiments in May 2016 to Industrial Distribution.com and again a few months later during a July 2016 interview with Cutting Tool Engineering Magazine. Fu explained that Toolots Inc. and Toolots.com are two vital tools that can be used to foster international trade relations and global benefits for both the U.S. and China specifically within the manufacturing industry. Since its establishment in 2011, Fu’s vision has always been to use Toolots to "help streamline industrial commerce between the United States and China and build lasting relationships that lead to economic growth" for all involved.

Fu stated, "I have always wanted to use this company to increase domestic opportunity here in the U.S., to sustain and create new American jobs, and expand domestic manufacturing resources and profits in manufacturing. We do this through exporting products to manufacturing companies in China and East Asia who demand U.S. manufactured products and goods."

About Toolots

Toolots, headquartered in Cerritos, California, offers an online marketplace and international distribution channel for factory-direct industrial tools, machinery, and technology. The user-friendly platform provides fast, easy access to high-quality, affordable equipment to manufacturers. Toolots’ comprehensive services streamline the purchase, delivery, installation and warranty of industrial technology, machinery and components, and uphold the quality of important goods through a vetted network of vendors and service technicians. The company’s dedication to fostering international trade relations passes on cost savings to the consumer, contributes to reduced downtime, improves productivity and expands a manufacturer’s reach. Toolots has strategically located warehouses, showrooms, and offices across the United States and China. For more information about Toolots, visit their website at www.toolots.com.

Toolots has announced the addition of a new vendor, CTD Machines, to our E-Commerce marketplace and Global Commerce Services initiative. Based in California, CTD Machines “produce high quality, precise, industrial cut off saws for the modern manufacturing plant.” (CTD Machines). CTD Machines' products will be available on Toolots.com mid January 2017 for sale to customers located domestically in the U.S. and internationally in China.

All CTD Machines products are “proudly made in the USA” since the company’s establishment in the 1950s as Commercial Tool & Die, when they began manufacturing custom machines and industrial chop saws. Since then, CTD has been “committed to constant evaluation and upgrading of our products, while always remaining faithful to our fifty year dedication to superior customer service” (CTD Machines). Toolots is pleased to offer our domestic and international customers quality industrial cut off saws, parts, and supplies through the inclusion of CTD Machines. For purchasing information, visit CTD Machines’ marketplace on Toolots.com.

Toolots has announced the addition of a new vendor to its online marketplace, Cyclone Manufacturing. Based in Southwest Michigan, Cyclone Manufacturing proudly engineer and manufacture their equipment in-house to “provide the best in sandblasting equipment and supplies” including floor standing blasters, sand blasting abrasives, pressure blasters, and sand blast guns, parts, and accessories (Cyclone Manufacturing). Cyclone Manufacturing’s products will be available on Toolots.com early January 2017 for sale to customers located domestically in the U.S. and internationally in China, as part of the Toolots Global Commerce Services initiative.

All Cyclone Manufacturing products are American engineered and manufactured products assembled by local members of the community (Cyclone Manufacturing). Cyclone Manufacturing takes great pride in their products and services as their 40 years of experience in the sandblasting industry give them the necessary expertise and experience to achieve continual success.

Toolots is pleased to offer our domestic and international customers superior sandblast equipment, supplies, and accessories through the inclusion of Cyclone Manufacturing. For purchasing information, visit Cyclone Manufacturing’s marketplace on Toolots.com.

Fu discusses Toolots' logistics and 2017 projections with ~30 investors in attendance.

CERRITOS, Calif. - January 7, 2017 - Toolots, Inc., a California-based provider of factory-direct industrial machinery, equipment, and technology hosted their first investor meeting for the 2017 quarter last weekend. Roughly 30 California based investors, with backgrounds ranging from finance to science and technology, attended the event to discover more about Toolots’ unique e-commerce marketplace.

Jason Fu, founder and CEO of Toolots,Inc., began the event by discussing Toolots’ evolution and expansion with attending investors since the company’s creation in 2011. During his presentation, Fu outlined Toolots’ goal to achieve lasting economic growth for the U.S. and China by building strong relationships and streamlining industrial commerce. He concluded by sharing the launch of Toolots’ new Global Commerce Services initiative, including their projection to expand their current manufacturing network by at least 100 companies in 2017.

Hermann Liu of Andra Capital gives presentation discussing the qualities of beneficial investments.

Hermann Liu, Managing Partner at Andra Capital, stated that the “quality of the entrepreneur [Jason] and the business is what sets Toolots apart and makes their success” following his presentation discussing the necessary steps companies must take to “cross the chasm”. Liu cited Jason Fu’s resilience and execution as two of the CFO’s best qualities and critical to the company’s successful expansion and operation thus far. “Jason has a vision and is not driven by finances”, Liu said and continued by explaining “he genuinely wants to do good and better both the U.S. and China.” Liu also stated Toolots is unique as Amazon and Alibaba can’t immediately compete with Toolots due to the fact that they lack the necessary presence respectively within the U.S. and China.

“I have seen first hand the way he interacts with his investors, his employees, and vendors, and it’s very admirable and genuine” Liu concluded.

About Toolots

Toolots, headquartered in Cerritos, California, offers an online marketplace and international distribution channel for factory-direct industrial tools, machinery, and technology. The user-friendly platform provides fast, easy access to high-quality, affordable equipment to manufacturers. Toolots’ comprehensive services streamline the purchase, delivery, installation and warranty of industrial technology, machinery and components, and uphold the quality of important goods through a vetted network of vendors and service technicians. The company’s dedication to fostering international trade relations passes on cost savings to the consumer, contributes to reduced downtime, improves productivity and expands a manufacturer’s reach. Toolots has strategically located warehouses, showrooms, and offices across the United States, as well as in mainland China, Taiwan and Hong Kong. For more information about Toolots, visit their website.

For more information or questions, contact Samantha Hyatt, Toolots' Director of Public Affairs, at shyatt@toolots.com or 1 (844) 866-5687.                                                                                                                ###