Press Releases

Toolots CEO Jason Fu (right) with Vice CEO XiaoLiong Li (left).

Toolots recently hosted executives from the China Hi-Tech Group Corporation, a Chinese textile manufacturing company, for in depth talks regarding global manufacturing and trade.

CERRITOS, California- December 5, 2017- Toolots, an online platform and marketplace for factory-direct industrial tools, machinery, and supply, hosted esteemed guests from the China Hi-Tech Group Corporation (CHTC) on November 29^th.  The purpose of their visit was to discuss international trade, the textile industry, and how Toolots’ innovative business model can streamline global e-commerce.

According to the National Council of Textile Organizations (NCTO) the U.S. textile industry employed over half a million workers, and had an overall value of $74.4 billion in shipments in 2016.  The same year, the U.S. exported roughly $26.3 billion and globally was the forth largest exporter of textile products.   Of these countries, China was the third largest export market for the U.S. totaling $1.8 billion, including Macau and Hong Kong.  China Energy Group, the Energy Analysis and Environmental Impacts Division of the U.S. Department of Energy, found China supplies the world with 40% of its textile and clothing products, therefore ranking it as the #1 exporter of textiles in the world.  Furthermore, with over 24,000 enterprises in China operating in textile and apparel manufacturing and supply, the textile industry is the largest manufacturing industry in the country.

Toolots and CHTC Executives examine products from Toolots' showroom in Cerritos, CA.

One of the largest textile enterprises in China is the CHTC which employs over 60,000 workers, has 23 direct subsidiaries, operates in 20 provinces in China, and has additional offices in over 20 countries and regions.  Founded in 1998 under supervision of the State-Owned Assets Supervision and Administration Commission of the State Council (SASAC), the CHTC focuses on the production of textile machinery, commercial vehicles, and textile materials and trade.  As one of the company’s six business units, CHTC’s fiber material subdivision is currently focusing on the development of high-tech, environmentally friendly fibers to be used in a variety of industries.

Toolots Executives give CHTC executives a tour of their headquarters and warehouse.

CHTC’s meeting with Toolots first began with a tour of their Cerritos headquarters, including the company’s 128,000 square foot warehouse, showroom, and office.  With over 17 years of experience in industry supply through sister company Bolton Tools, Toolots CEO and Founder Jason Fu discussed the company’s desire strives to promote cross-border e-commerce between the U.S. and China.  As one component of the business model, Fu explained, Toolots helps U.S. manufacturing companies establish a brand in China while also helping Chinese manufacturers create a brand in the U.S. as well.  An example of this can be found in Himalia, the legally registered U.S. entity of Haida, which created a brand of plastic injection molding machines tailored to fit U.S. manufacturers’ technical specifications and needs.

Toolots and CHTC during their open discussions regarding global commerce and the textile industry.

CHTC and Toolots executives then began open discussions regarding the state of global manufacturing, and the possibility for future partnerships to improve global commerce. Fu discussed how digital marketing, social media, and email marketing strategies can be used in the global manufacturing community to increase brand awareness and drive sales for manufacturing companies.  He explained that smaller manufacturing companies often are used to traditional sales through word of mouth or brick and mortar establishments.  Conversely, SMEs familiar with digital marketing often don’t have the budget for it after paying overheard costs.  Fu then highlighted several components of Toolots’ comprehensive services like adwords, advertising, and YuuTool, that make the company unique and offer partnered SMEs access to affordable solutions.

About Toolots

Toolots, headquartered in Cerritos, California, offers an online marketplace and international distribution channel for factory-direct industrial tools, machinery, and manufacturing technology. Our user-friendly platform provides fast, easy access to high-quality, affordable equipment for manufacturers. More than a simple distribution channel, Toolots provides comprehensive services for companies around the world who produce the industrial machinery and equipment we sell, 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.

###

Veterans have a wealth of skills and experience that make them qualified candidates in advanced manufacturing roles.

CERRITOS, California- November 10, 2017- For over 98 years, the U.S. has celebrated military veterans on November 11th first as Armistice Day in 1918 to commemorate the end of World War I, and then as Veterans Day after it was renamed in 1954.  Today, the U.S. Department of Veterans' Affairs defines Veterans Day as "the celebration to honor America's veterans for their patriotism, love of country, and willingness to serve and sacrifice for the common good."  According to a survey conducted by the United States Census Bureau in 2013, over 21.3 million veterans resided in the United States and Puerto Rico.  Furthermore, due to the nature of the military and the constant necessity to resolve problems, many of these veterans often return with a wide variety of valuable skills.

With an expected 2 million jobs to be left unfilled by 2025 due to a growing skills gap, a wealth of opportunities for veterans potentially lie in the U.S. manufacturing industry.  Currently over 80% of manufacturers believe they are unable to find candidates qualified enough to fill skilled or highly skilled roles.  Yet many veterans develop an assortment of science, math, engineering, critical thinking, conflict resolution, data analysis, and technology skills essential and extremely desirable to manufacturing companies just like STEM educated candidates.

“Veterans have a lot of skills, but we’re also unique because we all specialized in a certain field while enlisted,” Toolots IT Manager and veteran Manny Aparicio stated.  He continued by explaining hiring vets creates a “win-win scenario for companies” because veterans often possess a variety of desirable traits, such as integrity and a respect for procedures, that they bring to the company in addition to their skill sets.  The major issue however lies in matching experience and skills to ensure candidates and companies find the right fit for each role.

“Many vets have legitimate trade skills, but aren’t officially licensed or certified,” Toolots Warehouse Representative, Forklift Master, and veteran Sam Campos explained when considering some of the barriers veterans face when returning home.  Campos continued by discussing a “communication gap” between civilians and veterans that makes it difficult to understand how a veteran’s military experience can relate or be used to fulfill civilian responsibilities.  According to Campos, this “gap” often causes veterans to believe they have no transferable experience, and must start over from square one.

“Whether you worked on diesel engines or planes, you [the veteran] have been taught basic knowledge, you have a foundation which can be expanded and used elsewhere,” Campos elaborated.  Similarly, Manny Aparicio stated that the key to success for veterans in the manufacturing industry lies in the skills gained during their service.  “It’s all about the ability to repackage [your] skills,” Aparicio explained.

In fact, several organizations and programs have been established throughout the U.S. specifically to help veterans reuse, or build upon, their preexisting skill set.  For example, Get Skills to Work, a coalition of manufacturing companies and colleges assisting veterans in obtaining and retaining careers in advanced manufacturing, offers resources like their Fast Track for Heroes programs which help veterans use their existing skill set to quickly earn the certifications and licenses.  This resolves the issue of accreditation, and many of the courses can be completed in a week to a month.  Additionally, the coalition offers a digital badge program that pairs Military Occupational Specialty (MOS) codes with civilian manufacturing jobs, which essentially correlates military experience with civilian industry experience.

“Vets should know that they can use their skills, they don’t need to start over from square one,” Sam Campos stated.

With the approaching skills gap and continued growth of the manufacturing industry, veterans and manufacturing companies can mutually benefit from increased veteran employment within the industry.  Manufacturing companies receive desirable, qualified workers, and veterans obtain the opportunity to pursue long-term careers in the growing industry.  However, the issue lies in ensuring veterans recognize their own abilities, most of which are equivalent to civilian STEM educations, and use them in advanced manufacturing roles.

“The transition [after service] is overwhelming, but helping them be aware of the options they have [in manufacturing] is great,” Campos concluded.

###

Bringing awareness to the importance of STEM programs, and how the skills they teach students may encourage the next generation of manufacturers. 

CERRITOS, California- November 8, 2017- The U.S. Department of Education created the STEM program several years ago to bolster global leadership through increased study of science, technology, engineering, and math subjects in K-12 schools. The goal of the program is to help students throughout the U.S. develop essential working skills such as problem solving, the ability to gather and analyze evidence, interpretation of information, and more. To celebrate STEM and bring awareness to these programs, National STEM Day is celebrated on November 8th each year across the U.S. 

While STEM students will have the opportunity to join any industry after graduation, a number of opportunities lie in the growing industrial and manufacturing industries. Estimates show roughly 3.5 million jobs  will be created over the next ten years, however current projections estimate that 2 million of those will not be filled due to a growing skills gap. Additionally, 80% of the manufacturing workforce needs skilled or highly skilled individuals to fill job roles, which STEM or Career Technical Education (CTE) students could potentially fill after graduation. Furthermore, according to the National Association of Manufacturers (NAM), every dollar spent in the manufacturing industry results in $1.89 put back into the U.S. economy. Thus, STEM students who pursue careers in the manufacturing field will also help support the U.S. economy as a whole.  

Furthermore, in a study conducted by Georgetown University examining online job ads, STEM occupations accounted for roughly 28% of college online ads, and grew twice as fast as all other job ad fields. With the need for STEM educated students growing, one of the best ways to support these programs is to get involved at the local level. Active participation supporting STEM programs can range from speaking to students on career days, sponsoring events, or offering internships and job shadowing opportunities. Toolots for example, is proud to offer students summer internships and to have sponsored events encouraging innovation and education about careers in manufacturing throughout our local community and ABC Unified School District.  

### 

CERRITOS, California- October 11, 2017- Toolots, an online marketplace and international cross-border platform for factory-direct industrial tools, machinery, equipment, and technology, announced it recently achieved $1 million in lifetime sales.  

Headquartered in Cerritos California, the company was originally founded in May 2016 by CEO Jason Fu, who has 17 years of industry experience through his machinery supply company Bolton Tools. Through its innovative platform, Toolots aims to bolster the global manufacturing industry by helping SMEs overcome barriers, expand their businesses, and generate more revenue. 

This is accomplished through Toolots' scalable, comprehensive services and ERP system currently being finalized. Vendors who partner with the company maintain their branding rights usually lost in traditional distribution models. In addition, vendor partners gain access to data allowing them to make transparent decisions and focus on daily operation tasks or overall business growth. Essentially, Toolots' model offers its customers quality equipment at competitive prices, thereby manufacturing SMEs to focus these funds on additional employees or services. Furthermore, the issue of after-sales services for purchased machinery and equipment, which often serves as a major concern to customers, is resolved through the company's network of service technicians on its YuuTool  repair app. 

With the achievement of $1 million in lifetime sales, Toolots strives to support SMEs to strengthen cross-border relations and aid in the growth of the global manufacturing industry. 

###

CERRITOS, California- October 10, 2017- The sixth annual National Manufacturing Day (MFG Day) 2017 concluded last Friday wherein approximately 3,000 events occurred nationwide. Of this number, over 170 of the events took place in the state of California alone. MFG Day, which occurs each year on the first Friday of October, strives to celebrate the modern manufacturing industry while simultaneously educating individuals on the current state of the industry and its future.  

Often events include small and medium-sized enterprises (SMEs) opening their facilities to their community members, students, and educators to provide an in depth look into their average day. In addition, SMEs may also attend events hosted by local colleges or universities to demonstrate the function and use of their products, or discuss career opportunities in their field and dispel misconceptions. 

This year, Toolots sponsored transportation for over 30 high school students from Artesia, Cerritos, and Gahr high schools within the ABC Unified School District (ABCUSD) to attend MFG Day at Cerritos College. Attending students had the opportunity to tour five departments within the college’s Technical Division that displayed woodworking, welding, engineering, and machine tooling technology. Students were provided with knowledge regarding the use of several machines, including a live demonstration of machines in operation by professors and general safety tips. 

30+ students from ABCUSD attend MFG Day at Cerritos College

High school students from ABCUSD listen to a professor for Cerritos College's MFG Day event

Sponsorship of the event is one example of Toolots’ efforts to actively partner with the ABCUSD to educate and encourage youth interested in fields such as manufacturing, engineering, and technology to support these industries and promote growth. Current projections estimate the manufacturing industry will create roughly 3.5 million jobs over the next ten years, offering interested students a variety of potential career paths to choose from. However in addition to educating students about the industry, Toolots helps bolster manufacturing by offering U.S. SMEs assistance in overcoming barriers, such as inefficiency, slow innovation, or high prices, which previously hindered their ability to expand domestically or abroad. This assistance is facilitated through the company’s innovative platform and business model which supplies partnered SMEs with scalable, comprehensive services such as after-sales services in addition to access to ERPs and corresponding data which will allow them to focus on daily operations or make transparent, executive decisions.  

Thus the effect of events that educate and encourage students interested in manufacturing and technology like MFG Day, in tandem with the support of U.S. SMEs, are vital to sustaining and promoting the growth of the manufacturing industry which contributes roughly $12 trillion to the U.S. economy annually.  

###

The event aimed to open discussions about cross-border business between the U.S.-China, while encouraging the next generation of engineers and entrepreneurs within the community. 

Toolots Team attending Day 2 of the Forum.

September 30 and October 3, 2017-Toolots was a proud sponsor of the ShuiMu U.S.-China Innovation and Entrepreneurship Forum, a two-day conference held on last weekend on September 30th and October 1st. The conference was co-organized by Tsinghua University's Alumni Association in Southern California and LEAP Career Development, a nonprofit dedicated to career advancement and networking for young people in STEM. The event aimed to open a dialogue about cross-border business in the U.S. and China, with a focus on topics such as culture, economy, innovation, and technology. In addition to a forum for innovators and investors, the conference integrated a Venture Capital (VC) pitch competition, as well as a Youth STEAM Innovation Competition. Tsinghua’s strong alumni presence in Southern California provided the forum with a distinguished lineup of exceptional business executives and leading minds across a wide range of fields.

Dr. Jessie Ying Zhan speaking to attendees about how Toolots has collectively worked to achieved success.

Day 1

On Saturday, Toolots was pleased to host the events for Day 1 of the Forum which included an Entrepreneurship Bootcamp and the Youth 3D Design Mini Hackathon. Both events were held at Toolots' headquarter office located in Cerritos, California. The Entrepreneurship Bootcamp featured three distinguished keynote speakers from Tsinghua's Alumni Association, including Toolots’ own Dr. Ying Zhan (Jessie). Topics covered included risks and solutions in start-ups, the entrepreneur’s mindset, and how to win over investors. The speakers shared their collective experience as cross-border business leaders and investors before offering advice on leadership and entrepreneurship.

During the event, Jessie shared Toolots’ story and how the company was able to successfully garner VC investment. She explained that Toolots’ success, not only in its pitch but its overall trajectory as a start-up, could be attributed to its exceptionally strong board, its genuinely disruptive business model, and its ability to prove feasibility and user traction.

The second event, the Youth 3D Design Mini Hackathon, occurred on Saturday afternoon. Participants of the event were allowed to work in teams of two or three, including an adult coach, and were required to be currently enrolled in a school between 6th-12th grade. Winners of the "Explore Mars, Build the Future" theme were invited to attend the final pitch of Day 2's Innovation and Entrepreneurship Competition event. Facilitation of this event, and similar ones, is part of Toolots' initiative to actively support education and encouragement of youth in technology through attending, hosting, and sponsoring community education events, an ongoing partnership with the ABC Unified School District, and a new summer internship for high school students interested in the manufacturing industry.

Student winners of Day 1's Hackathon attend Day 2's pitch competition.

Day 2

The second day was held at the Hilton San Gabriel in Los Angeles and featured a full day of events intended to bring together the business forum and the youth competitions.

The first discussion centered around the current environment for cross-border startups in China and the U.S. The panel mainly addressed the opportunities and challenges companies and business leaders in both countries must overcome to successfully do business overseas. During their dialogue, the panel also discussed innovation and cross-border entrepreneurship in both markets before noting that the legal environment has seen great improvements in China, and that IP protection has increasingly become a priority.

The second panel featured speakers with technology industry knowledge who addressed potential business opportunities with AI and machine learning technology. The panelists discussed the current AI landscape and various applications of AI, including security, healthcare, and autonomous driving.

Toolots CTO Bill Andreozzi speaking on the components of a good, successful pitch.

Following the conclusion of the panel discussion portions of the event, Toolots CTO Bill Andreozzi kicked off the pitch competition after giving an opening speech. During his speech, Andreozzi demonstrated parts of Toolots’ own pitch, while analyzing the key components to provide insight into the necessary elements of a good, successful pitch. He began with an analysis of the title, “Machinery of operational transformation,” explaining that it was an effective yet simple way to tell investors that Toolots essentially provides a collection of tools and gears that work together to provide disruptive solutions.

Andreozzi then gave an overview of the barriers SMEs going global often face: inefficiency, high prices, slow innovation. He elaborated by stating that products often don't go global until there is demonstrated market value, which results in slow innovation. Andreozzi stated that Toolots' platform and business model are intended to help SMEs overcome these barriers to expand their businesses and generate revenue.

During his speech, Andreozzi also highlighted the importance of clearly distinguishing your business from competitors when pitching to investors. He referred to Toolots' pitch, wherein the company contrasts their new, innovative business model with the traditional model that often results in manufacturers losing their branding rights when selling products like industrial equipment overseas. Overall, the traditional model increases cost to consumer, while decreasing revenue to manufacturer in China.

“Show the problem statement and then show what you do. What differentiates you? Break down specifics,” Andreozzi said, explaining a slide listing the comprehensive services Toolots offers its customers and vendor partners. He noted that at this point during the pitch, investors might ask whether Toolots really does all of this. The answer would be yes, because all the services are scalable, with the most important being after-sales services. Toolots has successfully built a network of service technicians with YuuTool, the Uber of service repair.

“Make sure both your business model and market are sustainable. What is gluing your customer to your product?” prompted Andreozzi, before offering a deep dive into how Toolots “glues” the customer: it manages all their daily operations, and its ERP is being built so that Toolots can put business intelligence around it. Toolots focuses on ERP and partners with others for supply chain, etc. With a majority of data integrated into its ERP, Toolots will achieve true transparency with regards to operations and supply chain that will allow vendor partners to make informed decisions, focus on revenue generation, and day to day operations.

###

Streamlining and creating processes to increase productivity and efficiency throughout the company 

CERRITOS, California- October 3, 2017- Toolots, an online marketplace and international distribution channel for factory-direct industrial tools, machinery, equipment, and technology, recently announced the expansion of their technology department through the hiring of Manny Aparicio as the company's new IT Manager last month.  

"Everything IT, [and essentially] anything that plugs into a wall, I want to help with" Aparicio stated when discussing his personal ambitions for the role. 

Aparicio joins the company with over 10 years of industry experience in various IT management roles including his previous role, where he was responsible for overseeing the Managed Service Provider (MSP) for a startup company in Los Angeles. When asked about his perceptions about the company, Aparicio stated he saw Toolots as an interesting, technologically involved company looking to improve its own processes, as well as those for its partnered vendors. He elaborated by stating he was impressed by the company's dedication and growth, and looked forward to helping the company make a bigger impact in the industry through the creation of streamlined processes. 

"Streamlining the processes are key for production. I'm like a highway worker clearing out the lags and debris to make the road clean and solid for us to use," Aparicio said. 

As the new IT Manager for Toolots, Aparicio will be responsible for implementing and maintaining the company's technology infrastructure while working with the current CTO William Andreozzi and his team. Moreover, he will be responsible for researching new technology that may assist in improving productivity and organization when implemented. As of now, Aparicio is auditing the company's current systems and assessing their outcomes to identify areas that are inefficient and can be improved. He stated that the goal of the audit is to assess what needs to be completed overall, while also determining what should be finalized by the end of the year. Aparicio described it as establishing "...what needs to be in place, [and] what makes sense for everyone" to standardize the essentials without overly complicating the processes for employees and merchants. 

We’re excited to announce the hiring of Manny Aparicio as our new IT Manager. Learn more about him & his work here: https://t.co/VQGtB1qHHs pic.twitter.com/XY4GP4WKyG

— Toolots (@ToolotsUS) October 3, 2017

"I want to establish processes, standardization, and foundation throughout all levels of the company to make everyone's job easier and more efficient," Aparicio summarized. He elaborated by stating that the core function of an IT department is to ensure the company has access to the proper tools and resources for daily operation in addition to overseeing the security of data, backup systems, and network. Aparicio concluded that standardizing processes across the board would create simplified, clear cut ways for employees to do their job without creating excess work. 

"My objective is to foster and help growth, whether its creating processes or consolidating servers, I really want to use my experience to help the company grow," Aparicio stated. 

Infact, Aparicio cited the potential for growth and creation as two of the main draws that attracted him to Toolots. He explained the opportunity to build systems and processes from the ground up, in addition to the team oriented environment, was extremely special. Furthermore, with Toolots's international growth, the pending completion of its ERP systems, and the daily onboarding of merchants on the platform, Aparicio stated that he could see the department growing with the company in the future. 

About Toolots  

Toolots, headquartered in Cerritos, California, offers an online marketplace and international distribution channel for factory-direct industrial tools, machinery, and manufacturing technology. Our user-friendly platform provides fast, easy access to high-quality, affordable equipment for manufacturers. More than a simple distribution channel, Toolots provides comprehensive services for companies around the world who produce the industrial machinery and equipment we sell, 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.  

###  

SHENYANG, Liaoning-September 24, 2017 – Toolots CEO Jason Fu and Executive Advisor Peter Wei met with local leaders in Shenyang last Friday to discuss mutually beneficial opportunities to grow the global manufacturing community. 

Toolots was warmly received by the local officials, who hoped to offer their support for Toolots doing business in their region as well as examine what efforts could be made to increase and strengthen cross-border commerce. 

Jason Fu (middle) and Dr. Peter Wei (left) of Toolots pictured with Vice Mayor Zhang Jinghui.

Once at the forefront of China's industrial revolution, Shenyang is still the most important city for manufacturing in Northeast China. But like other cities in China's rust belt, the local government is making every effort to modernize industry and revitalize the region. This includes supporting private sector industries as well as creating an international business environment in accordance with World Bank criteria. Viewing Toolots' business model as beneficial to industry as well as trade, Shenyang is interested in promoting Toolots' unique platform to SMEs seeking to expand their distribution network or sell in a new market. 

"Industrial equipment manufacturing plays a pivotal role in Shenyang's economy. Toolots is a global marketplace specializing in industrial equipment, so I am particularly interested [in the company] for that reason," said Vice Mayor Zhang Jinghui. "Shenyang's industrial suppliers have a substantial domestic customer base, but they haven't broken that much ground internationally. We will actively support getting an initial 'batch' of industrial supply vendors to conduct cross-border sales on your platform." 

Toolots CEO Jason Fu expressed his gratitude for the city's help in promoting the platform. He assured, "Our product specialist teams will work with several initial Shenyang suppliers to bring their products onboard that are suitable for the U.S. market. These initial suppliers will be 'model enterprises' to demonstrate that Toolots really is the fastest and most effective method for suppliers to expand their business overseas." 

Zhang also expressed his interest in bilateral trade. "Toolots can also help us attract American SMEs to do business here – indeed, what our manufacturing needs is bilateral international cooperation. What Toolots wants to do in terms of business development is precisely what Shenyang needs right now," said Zhang. "Shenyang is working hard to build an international business environment. We even invited third party organizations to assess, in order to better compel progress. Shenyang government will offer Toolots comprehensive support in expanding its business here, as soon as possible." 

Toolots' CEO Jason Fu agreed that the focus would not only be on getting Chinese vendors on the platform, but also on getting U.S. vendors to sell to China: "Toolots is a services platform for industrial suppliers, primarily SMEs in the U.S. and China. SMEs in China and the U.S. have similar needs and challenges. Although large U.S. manufacturers have had a lot of success expanding sales into China, U.S. SMEs haven't necessarily been able to. We have signed a cooperation agreement with the U.S. Department of Commerce to help U.S. SMEs enter the Chinese market. In doing so, we actually garnered both U.S. federal and state government support as well." 

Like many other cities in China, Shenyang has invested substantially in the creation of free enterprise zones and industrial parks in order to attract foreign businesses. For example, the China-German Equipment Manufacturing Industrial Park in Shenyang was introduced in late 2015 to attract advanced production in automotive components and other industrial sectors. It currently hosts 30 German companies, including one of BMW's biggest manufacturing plants. Now cities in Liaoning, including Shenyang, are seeking to bring businesses into their U.S.-focused industrial parks. They hope that companies like Toolots will help bridge the way for U.S. companies interested in expanding to China. 

Shenyang municipal leaders and Toolots gather for a group photo after the meeting.

A Chinese version of this article, can be found here.

SHENGYANG, Liaoning-September 21, 2017 -Toolots CEO Jason Fu met with Bi Chunguang, the president of Liaoning Chunguang Pharmaceutical Equipment Co., Ltd., at Qibaoshan Hotel in Sheyang Province on Thursday, to discuss business opportunities.  

Liaoning Chunguang Pharmaceutical Equipment Co., Ltd. is an award-winning manufacturer of packaging machinery, pharmaceutical machinery, and other equipment in Liaoning Province. They are a trusted brand of equipment used widely among manufacturers in the pharmaceutical, food, cosmetic, and household chemical industries. The company has five main product lines: liquid blowing potting automatic molding filling machinery, blister packaging machinery, automatic cartoning machinery, and automatic production line equipment, totaling more than 20 models overall. In addition to being a leading packaging machinery company in China, the company also exports to more than 60 countries in Southeast Asia and Europe. Customers include many well-known pharmaceutical companies in China, including Yunnan Baiyao, Tongrentang, Harbin Pharmaceutical Group, and Tasly Pharmaceutical. 

Chunguang mentioned that the pharmaceutical packaging industry in the US lags behind that of several other top economies like Germany, but that means room for improvement and therefore great opportunity. 

Toolots CEO Jason Fu (right) with Bi Chunguang of Liaoning Chunguang Pharmaceutical Equipment Co., one of the industrial suppliers slated to expand into U.S. exports using Toolots.

"To me this represents a collaborative effort, not only in regards to sales, but also in terms of development strategy for mutual growth," said Chunguang during the meeting. He also embraced Toolots' product display center concept in California, where flagship products are shown to prospective U.S. customers hoping to familiarize themselves with various product lines. Chunguang will be the first vendor to sell pharmaceutical packaging machinery on the platform. The machines manufactured by Chunguang will be vital to U.S. SMEs seeking to seal and protect their products from contamination or exposure during processes such as distribution, storage, and sale prior to their use. However, Chunguang's packaging machines also allow businesses to reduce their labor, improve productivity, and protect their workers from handling materials that may be hazardous or adversely affect their health.  

Toolots will hold its Second Annual China-US Manufacturing Exchange Summit in China from November 12-14, 2017, to which Chunguang is invited, along with several other medical equipment manufacturing companies from China and the U.S. For additional information on the Summit, or to RSVP, visit our Eventbrite page here. 

To view a Chinese version of this article, please click here.