manufacturing company

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.

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.                                                ###

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.                                                                                                                ###

Summit in Cerritos, California, Aug. 29-31, 2016, will explain how to navigate the complexities of international trade and simplify global commerce

CITY OF INDUSTRY, Calif. – May 18, 2016 – Toolots, Inc., a company that provides a factory-direct e-commerce platform for international manufacturers to easily and affordably purchase and sell industrial tools, machinery and technology, announces its Inaugural Manufacturing Exchange Summit. The event will be held at its headquarters in Cerritos, California, Aug. 29-31, 2016. Designed to promote international trade between the United States and China, the Summit will delve into key topics for navigating the complex logistical and administrative requirements of international commerce.

Jason Fu, founder and CEO, Toolots, said, “U.S. manufacturers that want to sell their equipment overseas are often discouraged by the complexities of international trade. Plus, many do not have the resources to spend on marketing their products overseas or the ability to provide after-sale service to customers. The goal of this Summit is to help these manufacturers better understand how they can effectively sell their equipment to the Chinese manufacturing market.”

At the Manufacturing Exchange Summit, Toolots is gathering the key players necessary to help facilitate international relations among U.S. and Chinese manufacturers. From a Chinese delegation responsible for global commerce to American manufacturers that have achieved success by streamlining distribution channels, discussions will cover a number of international trade topics, including:

Protecting intellectual property Managing import and export logistics Handling currency exchange Navigating customs Marketing products overseas

Attendees will have an opportunity to meet and network with leading experts in international trade, U.S.-based manufacturers and manufacturing association representatives. For more information or to attend, contact Toolots via email at summit@toolots.com or visit www.toolots.com/summit2016.

Media interested in attending the summit should contact Heather Andrews at handrews@dprgroup.com or 240-686-1000.