Monthly Archives: May 2017

  • YuuTool Now Available on iOS and Google Play App Stores

    CERRITOS, Calif. – May 31, 2017 – YuuTool, a smartphone application developed by Toolots to revolutionize the way industrial machinery users service their equipment, has officially launched and is now available for free download in both the App Store and Google Play Store. The new platform allows users within the manufacturing community to connect with quick access to repair services, and discuss innovations within the industry, individual projects, machinery tips or best practices to complete the job at hand. By connecting users of industrial machinery with qualified service technicians in a similar manner to the way Uber connects those in need of a driver with a quick, affordable ride, YuuTool brings people together.

    YuuTool uses geolocation data to identify locally available technicians for industrial machinery repair as well as open jobs for those same professionals.

    The primary focus of YuuTool is to provide quality repair service for machinery owners and open new work opportunities for technicians, all based on a user’s relative GPS location through the Finder Feature. Machinery owners can post maintenance or repair work requests, which are visible to technicians who may then view and bid on each request. Technicians searching for local jobs to complete can view posts and submit quotes,

    YuuTool users can also find technicians or jobs using the app's list function in addition to searching based on the user's current location. Open jobs or work requests are publicly available to decrease operational downtime and generate new revenue for machinery technicians in the United States.

    decreasing operational downtime for machinery users. Through an interactive chat function, machinery users are able to record video and submit photos of a machinery or equipment problem to solicit more accurate estimates, as well as possible solutions that may be able to solve the problem remotely. Technicians can even save videos to sell as solutions for common machinery problems for users to implement on their own, or feature them on their profile to demonstrate their expertise.

    In addition to simplifying repair services for machinery owners and technicians, YuuTool offers a variety of functions for daily use that connect the manufacturing industry. The Industry News Feature is updated regularly to showcase recent industry innovations, new product lines, press releases, and relevant industry events like upcoming trade shows and networking opportunities. Users looking for troubleshooting tips, general manufacturing discussions, or to share industry knowledge can use the interactive Forum Feature and join the discussion. The app’s Marketplace Feature operates similar to classified ads, allowing any app users wanting to buy or sell used machinery, components, or accessories to trade within their local community.

    Users can also connect with other individuals or businesses through YuuTool, and may save contacts using the Friends Feature. Via the Messenger Feature, users have the ability to communicate with their new network and expand their contacts within the manufacturing community. YuuTool connects people for much more than simply industrial machinery repairs, but also for general discussion to guide the next job, a marketplace to sell used machines and components and networking to better support the United States’ growing manufacturing community. YuuTool is available for free downloaded today in the App Store and Google Play Store. Users can login using existing LinkedIn, Twitter, Facebook, and Google + accounts, or create a non-linked account for sign-in purposes.

    YuuTool includes a Marketplace for users to purchase or sell used machinery, equipment and components. Think of it like a classified ads section that is always current.

    As a bonus to demonstrate our commitment to quality service, Toolots is offering an extra one-year parts warranty for free to users who register for YuuTool and purchase products through Toolots. That is in addition to the standard one-year parts warranty already offered by Toolots. Join the growing YuuTool community today, at no cost, via the App Store and Google Play Store.

    For more information about YuuTool or to give us feedback, please email us at info@yuutool.com or call (562) 653-4165. To stay up to date with the latest news and updates regarding the app and its features, be sure to follow YuuTool on social media: Facebook, Twitter, LinkedIn, and Instagram.

    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 provides comprehensive services for companies around the world who produce industrial machinery and equipment, helping streamline the marketing, omni-channel sales, warehousing, fulfillment and after-sales service. On the customer end, Toolots simplifies the purchase, delivery, installation and warranty of industrial technology, machinery and components, and upholds product quality 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, China and as of May 2017, has expanded into Taiwan. For more information visit us online at www.toolots.com.

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  • Toolots Founder Delivers State of the Company Address

    Founder of Growing Platform, Toolots.com, Aims to Revolutionize Industrial Equipment Market

    Toolots Founder Jason Fu addresses his employees in the 2017 State of the Company Address.

    CERRITOS, Calif. - May 22, 2017 - Toolots Founder Jason Fu is building much more than his business, a full-service online marketplace based in Southern California that fuels the global manufacturing industry. The early veteran of industrial eCommerce and chief executive officer said he is building an “ecosystem” with Toolots – a platform to revolutionize the eCommerce marketplace for industrial machinery, equipment, and technology.

    In remarks to all Toolots employees as part of his State of Company Address Friday, Fu outlined this message, envisioning the future of the company he formally launched in May 2016. The chief executive for Cerritos-based Toolots described his own personal journey as a business owner – the lessons learned, the ground gained, and effective strategies to push the enterprise far beyond a simple distributor of the tools of the manufacturing trade.

    Fu, also Chief Executive Officer for Toolots, outlines the fiscal growth of the company he launched in May 2016.

    With plans to streamline the current business model and develop nationwide brand recognition as the company’s international footprint expands, Fu pointed to recent growth in Asia, citing the establishment of Toolots Taiwan last month. The company has two additional facilities in China, located in Hangzhou and Ningbo, as well as a distribution center in Houston, Texas. But the growth isn’t limited to the physical realm. As part of the flourishing Toolots supplier network, Fu reported that more than 120 businesses from the United States and China have partnered with the California company to sell their industrial products – both domestically and internationally – on Toolots.com.

    “We are adding a lot of new products on a daily basis,” Fu said. “We are moving along very fast.”

    Providing genuine customer service is one of the most important components in any successful business, Fu said. As an immigrant from China who followed his dream of building businesses in the United States and becoming a U.S. citizen, the Toolots chief executive learned English, striving to be able to more effectively communicate.

    In his first State of the Company Address, the Toolots founder spoke directly to all his employees and outlined the company's expansion plans.

    When Fu arrived to the U.S. in 1996, he was motivated by his dream to open an online marketplace for industrial equipment. More broadly, he yearned to bridge the gap between U.S. and Chinese equipment manufacturers, fostering improved relations between both countries, he said. The language barrier leads to lots of dollars lost for companies, he said, and it demonstrates the need for clear communication – not only with customers and potential customers, but also employees and colleagues within the industry from around the world.

    “For us new immigrants, we hit the same roadblocks, but we all succeed when we try,” Fu said.

    The industrial space has additional roadblocks, the chief executive pointed out. Some customers are uncomfortable purchasing heavy machinery online, without the ability to see it in person, and are more accustomed to the traditional distributor model complete with segmented territories. Toolots changes that; the Cerritos showroom includes some of the most popular online items, and new machinery or stock is proudly displayed for walk-in customers, in addition to high-quality photos and videos of many products posted on Toolots.com.

    Toolots engineers install a robotic device on a plastic injection molding machine to greatly speed up production.

    Another roadblock for the industrial equipment industry, particularly eCommerce businesses, is providing effective warranty protection, service and maintenance to online customers in a simple way.

    “After-sales service is the biggest barrier for industrial supply” Fu said. With the release of its companion smartphone application YuuTool, Toolots is redesigning how online marketplaces provide after-sales services to customers. By connecting users of industrial machinery with qualified service technicians, in a similar manner to the way Uber connects those in need of a driver with a quick, affordable ride, YuuTool brings people together. This focus on service distinguishes Toolots from its competitors and other providers of industrial equipment, Fu said.

    “We’re providing big services through YuuTool. It’s all within the Toolots ecosystem, where everything has value,” he said.

    Toolots Chief Strategy Officer ZeMing Gao speaks to the company's employees May 19 during a companywide address.

    “The Toolots business model is revolutionary,” added Toolots Chief Strategy Officer ZeMing Gao, stressing how Fu intelligently constructed a vertical business that can be easily scaled to other horizontal markets.

    A business only succeeds with its employees, Fu pointed out. Addressing all Toolots employees in a video broadcast in Mandarin and English, the chief executive said, “You are all part of the foundation, what we build upon. It is on this foundation that we are constructing a building, one that went from zero to something that will bloom.”

    It is vital that each department within Toolots has a “good foundation,” he added, and strives to continually inject fresh vision through the hiring of powerful leaders.

    “New blood is bringing big experience, and this will help us in ongoing efforts to continue building a great team,” Fu said. In the coming weeks, Toolots will have significant announcements about new executives joining the enterprise. Those announcements will be released soon.

    Fu pivoted from discussion of Toolots, its business model and its growth to Alibaba, an eCommerce firm that has grown exponentially in recent years. Alibaba started as a simple directory of information, similar to Yellow Pages, to help manufacturers find and locate new suppliers. What began as a simple online platform created by Chinese national Jack Ma to provide an online marketplace of suppliers has evolved to become a behemoth as the world’s largest retailer, even surpassing Walmart in domination of the marketplace, according U.S. Securities and Exchange Commission filings in 2016. As of 2014, Alibaba had a market value of more than $231 billion.

    Explaining that the key to Alibaba’s success was creating a platform to connect businesses worldwide and fulfill their needs, Gao suggested that Toolots is on track to one day become an influencer in the global trade environment. “You want your platform to be so essential that you can’t imagine what life or business would be like without it,” Gao said, stressing the need to offer something completely original from your competitors. He is confident Toolots is that platform.

  • Advanced Manufacturing Webinar: Exploring Conditions in China and How Toolots Can Help U.S. Companies Break Into the Market

    To sign up for Toolots' free webinar for manufacturers on May 19, please RSVP via email to cfoy@toolots.com

    Toolots engineers install a robotic device on a plastic injection molding machine to greatly speed up production.

    CERRITOS, Calif. – May 15, 2017 – Toolots, Inc., a Southern California-based online marketplace for the latest industrial equipment, machinery and technology, invites interested biomedical and advanced manufacturing companies to join a no-cost educational webinar on the market conditions and outlook for original American products in mainland China. The webinar takes place Friday, May 19 at 1 p.m.

    As the company’s US-China Medical Device Summit approaches, taking place June 28-30, in Ningbo, China, the Cerritos-based company invites any interested firms, executives and representatives to participate in the second webinar in the series. Attendees will discover on the ground conditions in China, and learn how the online marketplace and the comprehensive services offered to Toolots partners can give companies a leg up in the market for innovative medical products. During the seminar, you will learn about the growing demand for US-manufactured medical devices, how much more Chinese customers are willing to pay for foreign-made health products, devices and advanced technology, and hear how your company can gain by attending the US-China Medical Device Summit next month.

    The US-China Medical Device Summit will be hosted by the leading national trade association in China for medical devices and biomedical products, and is co-hosted by Toolots. Toolots invites your participation Friday in our no-cost online seminar to learn more. To sign up for the webinar or for additional information, please contact Toolots Director of Public Affairs Chris Foy at cfoy@toolots.com. Private consultations are also available to explore how Toolots can help your company break into the lucrative Chinese market and elsewhere in the region, where Toolots has a growing international footprint.

  • Announcing New Toolots Vendor: Woodward Fab

    Toolots is excited to announce the addition of a new vendor, Woodward Fab, to our growing E-Commerce marketplace. Based in Hartland, Michigan, Woodward Fab manufactures a complete line of patented hand-held bevellers, bench models, sheet metal shearing tools, power feed machines and more. Woodward Fab, a leading manufacturer and supplier of sheet metal fabrication tools for decades, continues to expand its lineup “in order to offer industrial sheet metal equipment at affordable prices,” according to the company’s website.

    Woodward Fab, based in Hartland, Michigan, manufactures a complete line of patented hand-held bevellers, bench models, sheet metal shearing tools, power feed machines and more.

    Woodward Fab products will be available for purchase by U.S. consumers on Toolots.com in the coming weeks. Since 1966, Woodward Fab has been making the tools needed to cut, bend, shrink, stretch and strengthen metal, and also offers custom work on dies to help customers bring precision to their next project, the company stated.

    Woodward Fab also offers anvils, bead rollers, pipe and tube fabrication equipment, de-burring tools, vises and much more, and possesses more than 49 years of industry experience crafting the tools of the metal fabrication trade.

    Woodward Fab's throatless rotary shear can easily cut any shape up to 1/8" thick with its forged steel frame, ratcheting head, and other features.

    Toolots is pleased to offer our domestic customers new, quality sheet metal fabrication tools with the addition of Woodward Fab to our roster of vendors, and continue growing our list of US-based suppliers. For purchasing information, please check back at a later date to visit the Woodward Fab marketplace on Toolots.

  • Announcing New Toolots Vendor: Saw Trax

    Toolots is excited to announce the addition of a new vendor, Saw Trax Manufacturing, to our growing E-Commerce marketplace. Based in Kennesaw, Georgia, Saw Trax manufactures a complete line of panel saws capable of cutting glass, mat, aluminum and other commonly used materials. According to the company’s website, Saw Trax’s most popular product is their innovative series of vertical panel saws, but they also offer other specialized hand cutting and table top cutting tools, as well as saw kits, dolly carts and coro claws.

    Saw Trax, based in Kennesaw, Georgia, manufactures an innovative line of panel saws.

    Saw Trax was founded in 1988 by Michael Della Polla, who was unsatisfied with the existing design of cutting guides used in conjunction with circular saws. A few short years later, and Saw Trax was manufacturing panel saw kits based on an original design that has been continually improved upon since 1996, according to the company’s website. Each and every piece of Saw Trax equipment is manufactured at the company’s headquarters in Georgia.

    The Saw Trax 1000 Series of panel saws includes many standard features plus an accessory package that offers operators ease of use and convenience.

    Saw Trax proudly states their vertical panel saws are “truly the best in their class,”pointing to proprietary, innovative features including a steel bearing system, patented alignments using the Accu-Square Alignment System, and a range of inserts allowing users to cut nearly any kind of sheet goods, all with one saw.

    Saw Trax products will be available for purchase by U.S. consumers on Toolots.com in the coming weeks. Toolots is pleased to offer our domestic customers new, quality saws and other cutting tools for the sheet metal industry with the addition of Saw Trax to our roster of vendors, and continue growing our list of “Made in USA” suppliers. For purchasing information, please check back at a later date to visit the Saw Trax marketplace on Toolots.

  • Toolots Releases Sneak Peek into YuuTool 2.0

    CERRITOS, Calif. - May 9, 2017-  Toolots released a sneak peek of its new YuuTool 2.0 smartphone application, to be released in Summer 2017 for free on iOS, Android, and desktop platforms. The latest version of the YuuTool app, like its original iteration, focuses on connecting the manufacturing community through an engaging and convenient, user-friendly platform. However updates within the app will expand user interaction and improve existing functions.

    The official YuuTool 2.0 image released by Toolots this Thursday highlighted two major features within the app. The first feature displayed is the new social media integration and sign-in options for Facebook, Twitter, and Google +. This will allow app users to connect with friends from multiple social platforms, and make new connections within the industry to discuss industrial machinery, repairs, troubleshooting and more. The second feature and main component of YuuTool 2.0 is the optimized Finder feature connecting machinery owners and technicians. Updates within the Finder feature will localize maintenance and repair services for machinery owners and create jobs for technicians while increasing industrial repair efficiency and speed, all based on the user’s location using GPS data.

    Stay tuned for more information regarding YuuTool 2.0’s development in collaboration with CybEye Inc, and for the official  iOS, Android, and desktop release dates. To stay up to date, follow Toolots on Facebook, Twitter, and LinkedIn or check out our Blog.

    For questions regarding YuuTool 2.0, contact info@yuutool.com via email or call (562) 653-4165 by phone.

     

    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 provides comprehensive services for companies around the world who produce industrial machinery and equipment, helping streamline the marketing, omni-channel sales, warehousing, fulfillment and after-sales service. On the customer end, Toolots simplifies the purchase, delivery, installation and warranty of industrial technology, machinery and components, and upholds product quality 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, China and as of May 2017, has expanded into Taiwan. For more information visit us online at www.toolots.com.

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  • Haida: Toolots Provides Comprehensive Solution for Large Plastic Injection Machine Manufacturer

    CERRITOS, Calif. – May 1, 2017 – With the guidance of Toolots, China’s second-largest manufacturer of plastic injection molding machines has developed a new brand of industrial equipment specifically for the U.S. manufacturing market. Haida, through its new brand Himalia for American customers, has begun manufacturing modern plastic injection molding machines built to U.S. specifications, voltage and other requirements. Machines are also custom-built at their state-of-the-art manufacturing facilities in China, where more than 400 employees work to produce quality machinery to meet increasing global demand.

    Toolots has helped develop Haida's new brand, cross-border strategy and its products for the U.S. market from the very beginning, and Haida executives said during a recent site visit they are optimistic about the future.

    Haida is the second-largest manufacturer of plastic injection molding machines in China.

    Before partnering with Toolots in July 2016, Haida had limited international sales outside of Asia, the Middle East and Africa, according to Sean Xiao, Haida’s foreign trade executive. The U.S. market always caught their eye, he said, but it would have been expensive modifying existing models to match American specifications.

    “How would we get the customers, and second, how would we provide after-sales service? These are two points that stopped us from getting into the U.S. market. And you solved this problem for us,” Xiao said.

    Toolots engineers, based in Cerritos at the company’s headquarters, are currently training on Haida’s latest machines at their Ningbo factory to develop extensive product knowledge – all to provide better after-sales service and machine maintenance to American customers. Haida unveiled a new robotic system that nearly doubles production speed using their machines, according to Xiao, and is training Toolots engineers on the technology.

    A member of the California-based Toolots engineering team builds and trains on a robotic device that greatly improves production speed to better serve U.S. customers.

    Toolots helped Haida establish its legal, registered entity in the U.S., Himalia, and assists with ongoing branding and marketing efforts. The Toolots public relations/marketing and graphic design teams developed Himalia’s brand and provide critical market research data that guides Himalia in providing machinery that is in greatest demand domestically, and important specifications to match various state voltage requirements.

    The Toolots team toured one of Haida's sprawling, modern factories during a recent visit to eastern China. Its cross-border business development and public relations/marketing team, headed by Toolots Director of Global Commerce Services Grant Montgomery and Director of Public Affairs Chris Foy on the U.S. side, and Product Manager Tony Chen with Toolots China, examined each step of Haida manufacturing process. The Toolots team met with Xiao in Ningbo to discuss future output and the impact of increased cooperation between China and the U.S. to provide highly engineered machinery at competitive prices.

    “When we started our international trade, the U.S. was not our focus because if we sold there, we’d have had to change a lot out of the machines; it would take a lot of time and be very expensive to do that,” Xiao said. “With this new thinking (and partnership with Toolots), we are taking this time to develop another standalone machine, and we will be able to sell more machines.”

    In late 2016, Toolots Chief Executive Officer and Founder Jason Fu signed an agreement with Haida's chief executive Jiang Zhongding to partner with the company, the second-largest manufacturer of plastic injection molding machines in China, to enter the U.S. market. Before partnering with Toolots, Haida’s product reach included Southeast and Central Asia, South America and 10 other countries, but the company saw an opportunity in expanding foreign sales. Haida's chief executive pointed out during the July 2016 signing ceremony that cooperation is essential to expand not only the international influence and reach of industrial manufacturing enterprises, but also to help solve the traditional manufacturing industry’s lack of effective online sales.

    The agreement with Toolots was the first of its kind entered by Haida, according to Zhongding. Haida is utilizing Toolots as a complete warehousing logistics solution for fulfillment, after-sales machinery maintenance provider, and Toolots works directly with U.S. customers to sell, market, distribute and service Haida and Himalia’s plastic injection molding machines.

    Haida Foreign Trade Executive Sean Xiao discusses how the company's machines can create finished products like this one, faster than competing companies.

    As the product development and engineering processes at Haida wrap up and, both companies are training and testing the machinery to ensure American customers have the best possible experience with the industrial manufacturing equipment. Feedback from U.S. manufacturers will guide future efforts, and Toolots’ engineering team can provide service nationwide to ensure machinery is up and running.

    “We feel it’s a great opportunity, this partnership with Toolots. In the future, I think we will have a lot of work,” Xiao said.

    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 provides comprehensive services for companies around the world who produce industrial machinery and equipment, helping streamline the marketing, omni-channel sales, warehousing, fulfillment and after-sales service. On the customer end, Toolots simplifies the purchase, delivery, installation and warranty of industrial technology, machinery and components, and upholds product quality 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, China and as of May 2017, has expanded into Taiwan. For more information visit us online at www.toolots.com.

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