Mason Wang

  • Toolots Visits Konger Plastic Injection Molding Machine Factory in Ningbo

    Konger, based in Ningbo, China, manufacturers highly engineered machines

    NINGBO, China – April 18, 2017 – Toolots, Inc. leadership and its business development and public affairs team visited with the operators of a manufacturing facility in China that produces highly innovative plastic injection molding machines - all made using the finest Austrian-built components. The meeting with Konger, based in the city of Ningbo, was part of an ongoing trade mission to eastern China to connect with new potential suppliers of industrial products to the American manufacturing market.

    Toolots China Chief Operating Officer Mason Wang, Toolots US COO Raymond Cheng and Jerry Qi, Konger General Manager, discuss the company's latest machinery

    Konger produces a wide range of lines of plastic injection molding machines. Their signature machine, part of the Konger Chameleon series, has the ability to mix two to three different colors in endless combinations and its injection technology reduces deferment within the mold itself, lending to much longer mold lifespan.

    The high-tech factory has the capability to produce about 50 to 60 new machines per month, said Konger North America Sales Director Lawrence Song, adding that demand for these products is high; their customers come from all over the world, from the United States to Malaysia. Konger General Manager Jerry Qi said that he would put his machines up against any competitors, confident in their state-of-the-art technology and the highly engineered components within the injection system.

    Konger GM Jerry Qi explains what sets his plastic injection molding machines apart from the competition

    “Our specialty is producing machines using the latest technology designed in Austria,” Song said during the meeting, before taking Toolots through their production facility in the outskirts of Ningbo. The Chameleon Series, Song said, “mixes two or three colors so that each plastic product comes out in uniform size and shape,” but when complete each item comes out with a unique look unlike the others.

    Toolots Plastic Injection Molding Engineer Gary Krause explains the function of a Konger machine

    Toolots US Chief Operating Officer Raymond Cheng, Toolots China Chief Operating Officer Mason Wang, Director of Global Commerce Services Grant Montgomery, Plastic Injection Molding Machine Engineer Gary Krause, Product Manager Tony Chen and Director of Public Affairs Chris Foy attended the meeting, as well as other representatives from the Ningbo-based manufacturer. Konger is considering joining the Toolots online marketplace to specifically reach the American manufacturing consumer, providing quality machines at competitive prices using the latest European-engineered technology.

    Toolots toured the company's manufacturing facility, inspecting each stage of the manufacturing process for a wide range of machines. Konger machines are capable of producing plastic products of all types and sizes, from handles for disposable razors that blend two-to-three colors to cups of various thickness and much more. As part of the company’s comprehensive testing process, machines are run dry through a transformer prior to packing to ensure operation is at peak levels.

    Toolots continues to meet with industrial manufacturers during its trade mission to China, and will have additional announcements in the coming days about additions to the California-based online marketplace’s expanding product line.

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  • Toolots Concludes Second Successful Conference for First Month of Q1

    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.

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

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