Hermann Liu

  • Toolots Hosts Multitude of Investors for 2017 Meeting

    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 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.                                                                                                                ###

    This entry was posted in Press Releases and tagged Toolots, international trade, Trade Between the United States and China, B2B, manufacturing company, industrial machinery network, E-Commerce, industrial equipment, online marketplace manufacturing, factory-direct, california, industrial manufacturing, Toolots' marketplace, investors, Hermann Liu, Andra Capital on January 9, 2017 by Samantha Hyatt.

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