Press Releases

CHANGCHUN, Jilin-September 22, 2017- Toolots CEO Jason Fu and board member Dr. Peter Wei attended a business roundtable Wednesday in Jilin Province to discuss how Toolots can play a role in creating export opportunities for Jilin's industrial equipment manufacturers.  

Toolots attends a business roundtable with top industrial supply business leaders in Jilin.

Director of the European and American Affairs Office of Jilin Province Liu Zhijian speaks at the exchange.

Toolots CEO Jason Fu describes the company's business model at the exchange.

The exchange featured a panel of 18 manufacturing executives, including several top industrial supply companies in Jilin. Several heads of the Jilin Provincial Government were also in attendance, including Liu Zhijian, the Director of European and American Affairs Office of Jilin Province. Changchun City Foreign Affairs Office Deputy Director Ou Shuo, Changchun Bureau of Commerce International Market Development Director Suo Tie, Deputy Director Jiang Xutang, Siping City Economic and Trade Bureau deputy director Liu Dongyu were among the officials in attendance.  

The 18 top manufacturing executives represented companies producing a wide range of industrial products, including automobile manufacturing, transformers, industrial automation, valves, power generation equipment, and other equipment. 

Toolots was given the opportunity to speak about its business model and how its platform makes it possible for industrial equipment SMEs in Jilin to become export-ready, particularly as US manufacturing heats up and its demand for equipment grows. 

"Toolots coming to Jilin is a win-win situation," said the Changchun Deputy Director of Foreign Affairs during the roundtable discussion. "It is always our goal to facilitate and build bridges when it comes to global trade, so we will do everything we can to support Toolots in helping Changchun industry explore export opportunities."  

Deputy Director of Foreign Affairs Office of Changchun City Ou Shuo speaks at the exchange.

After Toolots spoke about their platform, the Siping Economic Cooperation Bureau said that he was optimistic about the company's impact on industrial exports, and looked forward to spreading the word.  

Deputy Director of Changchun Bureau of Industry and Information Technology Jian Xutong also expressed his full support of Toolots's business model, noting an interest in helping bring more companies onboard.  

"The U.S. is bringing back manufacturing to the States, but Toolots has turned this trend into opportunity. China's industrial industry has accumulated a degree of excess capacity, yet there is a prevailing lack of know-how in terms of how to export it to U.S. manufacturers. Fortunately, this is precisely Toolots's area of expertise."  

Deputy Director of Changchun Bureau of Industry and Information Technology speaks at the exchange.

Toolots CEO Jason Fu spoke about Toolots's plans for the future:

"Before October of next year, we will have onboarded 300 industrial equipment companies which will serve as business model validation, showing investors, local governments, and business leaders our platform's potential for incredible growth." 

Toolots CEO Jason Fu speaks at the exchange.

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

September 2017-Subsequent to Zhejiang, Jiangsu, Shandong, Guangdong, Sichuan, Beijing, Shanghai, Taiwan, Anhui and Hebei, the Toolots has continued its market expansion of merchant vendors in Northeast China. On September 20th, Toolots' Chief Executive Officer Jason Fu and Executive Advisor Dr. Peter Wei attended a business roundtable with their China team at the Shangri-La Hotel in Changchun City. The purpose of the event was to conduct exploratory market research along with a symposium on the topic of how Toolots, as a pioneering cross-border e-commerce company, can lead the small to mid-sized manufacturing enterprises (SMEs) into the global market. Toolots' unique cross-border platform mutually allows the opportunity for Chinese manufacturers to enter into the U.S. market, and also allows U.S. manufacturers the opportunity to enter into the Chinese market. 

Attendees of the event included major stakeholders such as Deputy Governor of Jilin Province JinYuhui, top officials of Jilin’s Government, in addition to several key manufacturing enterprises in Changchun City. 

Scene at the symposium.

Additionally, several top officials the city's correlational government departments in attendance included: Lihua Huang, Deputy Director of the Provincial Office of Foreign Affairs; Yugang Gong, Deputy Director of the Office of the Ministry of Industry and Commerce; Guohua Sun, Deputy Director of the Provincial Department of Commerce; Yong Xu, Deputy Director of the Provincial Economic and Trade Bureau Office, Zhijian Liu, Division Chief of the Provincial Department of U.S. and Europe; Chengjun Tian, Division Chief of the Provincial Department of the U.S. Commerce; Wei Wang, Division Chief of the Provincial Department of Foreign Trade; and Peng Gao, the Division Chief of Provincial Department of the Economic and Trade Bureau. 

The symposium was presided over by Ms. Lihua Huang, the Deputy Director of Jilin Provincial Foreign Affairs Office. At the beginning of the meeting, Ms. Huang expressed a sincere welcome to the Toolots team:   

"The Jilin Provincial Government views the arrival of your company as highly important [due to the fact that] we’ve heard Toolots is a well-known cross-border e-commerce platform in the United States, and that the company has made numerous beneficial endeavors in the aspect of constructing a cross-border e-commerce platform for industrial equipment between China and U.S. Through this meeting, we are looking forward to gaining some valuable insights and recommendations from Toolots for our forthcoming cooperation, as well as deepening the understanding of the manufacturing industry in Jilin. [We] hope that Toolots will assist our manufacturing industry to capitalize on the development of the growing U.S. market." 

Deputy Director of Jilin Provincial Foreign Affairs Ms. Lihua Huang (middle) greets Toolots CEO Jason Fu (left)and the Board Advisor Peter Wei (right).

Deputy Director of Jilin Provincial Foreign Affairs Office Ms. Lihua Huang, presiding at the symposium.

Following roundtable discussion, Mr. Jason Fu provided a detailed introduction to the attending governmental officials regarding three aspects of the company: the positioning of Toolots platform, the innovation of the platform, and how Toolots will develop and advance its next five-year plan through cooperating with and growing the local manufacturing industry. 

Jason Fu stated:  

"We have 17 years of accumulated market penetration and experience, and when the shareconomy emerged in 2015 we were able to predict our ability to help SMEs by sharing our resources, including our pre-established market, customers, after-sales services, and more. The trade market between China and U.S. for consumer goods has already been saturated. However in recent years, there continues to be a 650 billion-dollar U.S. market for industrial products imported from China. Nearly 90% of this value is actually made by factories in China that are set up by foreign countries and regions in the world. The portion made by native China manufacturing factories is stills mall, yet to those native China manufacturing factories, this is a potential billion-dollar blue ocean market”. 

Toolots CEO Jason Fu (middle) gives an introduction about Toolots to the correlational governmental department officials in Jilin. 

With the revitalization and resurgence of the U.S. manufacturing industry, Chinese industrial supply companies have the opportunity to simultaneously enter the U.S. market and assist in the growth of global manufacturing by providing SMEs with quality equipment at competitive prices. As a vertical e-commerce online platform focused on industrial equipment and manufacturing, Toolots has consistently been devoted streamlining global trade and e-commerce through the expansion of its big data system. With its innovative business model, the company has shared numerous resources and services on its platform with partnered vendors including omni-channel marketing, warehousing and logistics, operational management plans, and more. Toolots continues to develop its shared economic platform through VF (virtual firm) technology, thereby allowing them to provide various shareconomy services including e-accounting, e-register, e-insurance, e-finance, in addition to other shareconomy services. 

In traditional distribution models, distributors maximize their own benefits and distribution rights despite the vendors’ interests. However, Toolots provides a unique cross-border e-commerce platform using a global shareconomy method to eliminate these profit-blockers and maximize the benefits for partnered vendors. 

During the symposium, the Director of the Foreign Trade Department of the Jilin Provincial Department of Commerce Mr. Wei Wang stated that for the past two years, Jilin Province has been strongly promoting the development of cross-border e-commerce business, in four aspects:  

First is to encourage current enterprises to fortify their business through cross-border e-commerce; Second is to have the enterprises that lack the experience in foreign trade to utilize cross-border e-commerce platforms for entering international markets; Third is to use cross-border e-commerce to attract and bring back any enterprises that have left Jilin for other provinces; Fourth is to attract foreign enterprises to Jilin for participating in their business development on cross-border e-commerce. 

Deputy director of the Office of the Ministry of Industry of Jilin Province Yugang Gong inquired about the Toolots after-sales system during the symposium.

Jason Fu indicated that currently, the most applicable method for the cooperation of Toolots and the Province of Jilin is to establish model enterprises.  Toolots can start by choosing 2-3 products fields filled in Jilin, then cultivate 5-10 model enterprises. These model enterprises can then be used as sample cases in the following promotional stage in Jilin to directly promote a wider range of enterprises within the city.  

The Deputy Director of the Jilin Provincial Economic and Trade Bureau Yong Xu, showed immense interest in Toolots’ role in the future China-U.S. Industrial Park project. Essentially the industrial park will allow U.S. manufacturing SMEs to establish satellite offices, corporate branches, or manufacturing facilities within the city of Jilin to take advantage of a variety of benefits including distribution, market expansion, and more. The park will also provide a myriad of benefits for the city of Jilin ranging from increased jobs, strengthening relations within the global manufacturing community, and many more.  

After the meeting, the Deputy Governor of Jilin Province YuhuiJin, who oversees industrial businesses, as well as the top officials from the correlational governmental departments, hosted a luncheon for attendees including the Toolots team. The Governor warmly welcomed the participants event, and thanked them for their attendance before giving a full affirmation of Toolots’ business model. He concluded the event for the day by stating the provincial government would offer and provide their support for U.S. SMEs seeking to conduct business in Jilian, and cited Toolots as a pioneer company aiding manufacturing SMEs in their development and expansion. 

Deputy Governor of Jilin Province YuhuiJin (right) in discussion with Toolots CEO Jason Fu (left).

In Jilin, automobile manufacturing is its representative industry. The picture shows the Deputy Governor of Jilin Province YuhuiJin (right) offering a model car as the present for CEO of Toolots Jason Fu (left).

Group photo of the Jilin Province Governmental top officials and the Toolots team.

A Chinese version of this article is available here.

 

The 2018 Times Higher Education World University Rankings have been announced and it’s started a conversation about the rise in quality of education in China. Four years ago, only 2 universities made the cut for the top 200 universities, Peking University and Tsinghua University, both in Beijing. This year, 7 schools from the country made the top 200 list, making China the joint sixth most represented nation with Peking and Tsinghua University breaking into the top 30.

How Universities Are Ranked

The Times Higher Education World University Rankings uses thirteen performance indicators to provide a comprehensive and genuine analysis free from bias that students, professors, and beyond can rely on to be accurate. These indictors coincide with the organizations core mission of teaching, research, knowledge transfer, and international outlook. They then standardize the scores, as the data is fundamentally different, to get the final score.

China’s Universities Propel Forward

This surge in ranking for Chinese Universities is most likely due to the Chinese Communist Party investing billions into their science and technology research universities. Last year, party officials stated they wanted to see 6 universities rank Top 15 by 2030. The large investments may have attracted an increasing number of students from abroad in China in addition to the growing number of degree programs.

"Our rankings show that the Asian giant's higher education improvement is real and growing. With two top-30 representatives for the first time in the thirteen-year history of the rankings, China's leading universities are truly now part of the global elite and overtaking prestigious universities in the US, UK, and Europe," said Phil Baty, editorial director of the rankings from Times Higher Education.

However, this investment goes beyond the education sector and serves as a geopolitical indicator of whether the investments are making a difference. One significant problem currently faces is a shrinking workforce population after the participation rate began to decline in 2010. This large investment into education has the power to not only keep scholars in the country, put propel China's workforce to the top.

Additionally, the influx of billions of dollars and resources has improved ratings and increased the chances of Chinese students staying in the country for their education. Wang Feng, a professor of sociology at the University of California, Irvine, says the stunt in growth may translate to a long-term win. The increased emphasis on education could shift the labor market with adults entering the workforce later, but with more knowledge that translates to higher productivity.

"Chinese universities are doing outstanding work in science, technology, mathematics, [and] life sciences," Baty said adding, "I think arts and humanity subjects are very important to create [a] balance and to provide the creativity needed to push research to the next level."

The Ministry of Human Resources and Social Security presented data that shows that skilled workers account for only about 19% of China's entire workforce, with the highly skilled worker population making up 5%. As the industrial structure shifts to a more skilled labor force, this rise in education is good news for those interested in expanding into the Chinese market.

Vice-Premier Ma Kai spoke on the matter in December of 2016 during a symposium on highly skilled talents by stating that skilled workers are the energy that vitalizes technological improvement, economic growth, and social progress. As skilled workers begin flooding the workforce, companies in China benefit from gaining knowledgeable employees while energizing the economy.

Chinese Universities and Toolots

Toolots Inc., a Southern California based online marketplace and distribution channel for the latest high quality industrial equipment, machinery, and technology, has a close relationship with major Chinese manufacturers and a passion for bringing the global manufacturing community together. In fact, fifteen founding shareholders of Toolots are graduates of China’s two highest ranked universities, Peking University and Tsinghua University. Since its formation in May of 2016, Toolots' primary goal has been to streamline industrial commerce between the US and China to promote economic growth and build lasting relationships between manufacturers, universities, and the Toolots platform.

The company's commitment to achieving this goal can be seen in their annual trade summit focusing on facilitating educational and networking opportunities specifically between the US and China. This year, Toolots' Second Annual Manufacturing Exchange Summit will take place from November 12-14, 2017 in Yuyao, China with the aim to bolster relationships between the American industrial and technology communities and the Chinese manufacturing market. Featuring industry experts, investors, trade associates, and government officials, this is an opportunity to enrich U.S. manufacturers with invaluable industry knowledge and introduce them to contacts that could help get their products to market. If you're interested in learning more, contact Toolots' Public Affairs Department at summit@toolots.com or at (844)-866-5687.

Creating processes and an ERP system to sustain efficiency and accuracy

CERRITOS, Calif. - September 19, 2017- Toolots Inc., a southern California based online marketplace and distribution channel for the latest high quality industrial equipment, machinery, and technology has named Rubab Ali as their new Account Manager. In this role, she will oversee all accounting processes, systems, and related matters on behalf of the company. 

Ali has over 10 years of experience in the accounting field working for a variety of companies ranging from large corporations like Red Bullto start ups like Toolots.In her previous role, Ali was the Senior AP Manager for Revolve Clothing, a fashion and designer eCommerce site based in Cerritos, CA where she managed a team of 11 individuals. When detailing her understanding of Toolots, Ali described the company as a new, unique eCommerce platform offering its' vendors and customers vital services, in addition to industrial products,to assist in the daily function of their businesses. 

As the first Accounting Manager for Toolots, Ali's main focus will be the implementation of a new Enterprise Resource Planning(ERP) system. ERP is a database software package that manages a business's processes and operations. The use of this integrated system allows the organization and automation of office functions related to technology, services, and human resources. She will also handle optimizing and maintaining all other aspects of the business that correlate to accounting functions. In addition, Ali will be working in tandem with Toolots' current CTO William Andreozzi, as well as Toolots' contracted Odoo Solutions Architect Adam O'Connor to ensure the system meets  Toolots' exclusive needs. 

"Essentially I get to create an entire Accounting Department. I've created new processes for departments in my previous roles, but this opportunity is unique because I get to start from the ground up," Ali stated. 

We’re excited to welcome our new Accounting Manager Rubab, to our team! Learn more about her & her work here: https://t.co/VxTOAZN4eu pic.twitter.com/KQLGU6HMp7

— Toolots (@ToolotsUS) September 20, 2017

Ali defined Toolots as an "exciting" company due to the value and multitude of benefits gained from the creation of organized systems and processes. Specifically, she mentioned data and transparency as the largest benefits both the company and its vendor partners will acquire from having defined accounting systems in place. Ali stated she aims to "build the best accounting department, that is efficient, accurate, and fun," to help increase efficiency and organization throughout all levels of the company. This in turn will allow Toolots' and its vendors to use the data provided to make well informed executive decisions for their businesses. 

"I've done a little bit of everything in the accounting field really, from clerical level work all the way to senior management," Ali stated when summarizing her background. She continued by recalling her first job as was an entry level position as a bookkeeper while pursuing her accounting degree. After finalizing her degree and years of hard work, Ali's desire to grow and improve eventually allowed her to hold several titles in senior management. 

"I've always been interested in growing my skill set," Ali said. In fact she cited the potential learning opportunities as a major factor in her decision to join Toolots' startup team. "I love to learn new things and expand my knowledge," she stated. 

With the expansion of their Made in the USA vendor category and Global Commerce Services, Toolots has seen a significant increase in vendors since its' establishment May 2016. "We're excited about this period of growth our company is experience right now. Our company will be continuing to hire through the end of the year to keep up with the number of vendors and products onboarding to our platform," Hiring Manager Emilie Sperling stated. 

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. 

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Strengthening SEO, advertising, and SERPs to energize Toolots' global manufacturing platform

CERRITOS, Calif.- September 19, 2017- Toolots, Inc., an online marketplace and distribution channel for the latest high quality industrial equipment, machinery, and technology, is revitalizing their online presence and streamlining their content systems with the addition of David Alpern, their new Director of Marketing. Enlivening existing content and discovering new opportunities, the southern California based start-up is excited to see what Alpern brings to the table.  

With over two decades of professional experience in search engine optimization (SEO), Pay Per Click (PPC), and search engine results pages (SERPs), Alpern plans to work closely with Toolots executives to shape the company's messaging through optimization of internet marketing. This includes examining the current marketing, product, and supporting content of the company to refine its messaging. On a broader level, Alpern's main goal will be to increase traffic on Toolots' site, therefore resulting in the potential increase in sales for the company's vendor partners as well. Furthermore, Alpern's work will also be essential in helping Toolots as it continuously strives to promote economic growth and streamline commerce in the global manufacturing industry while fostering trade relations between the US and China. 

In regards to Alpern's hiring, Toolots Human Resources Manager Emilie Sperling said, "I'm excited to introduce David as the newest member of the Toolots team and I'm confident he will continue the progress we've made thus far. He is an asset to the department, who should see him as a mentor to help educate and assist at any step along the way."  

When asked about his understanding of the company, Alpern described Toolots as a "trailblazing" company redefining B2B eCommerce and international trade through competitive price points and comprehensive services. "I love companies with international scope," Alpern stated when discussing his decision to join Toolots. He continued by citing Toolots' efforts on international trade as a significant component in his decision to join the company. "Economy goes past our [the United States'] borders," Alpern said in reference to the global manufacturing community and its' impact on both the economy domestically and internationally.  

We’re pleased to announce the addition of David as Director of Marketing to our team.To learn more about him, visit: https://t.co/i9ujzqcaGN pic.twitter.com/U0lUZArOHw

— Toolots (@ToolotsUS) September 20, 2017

An experienced team leader, Alpern also expressed his passion for education and helping others as well. Infact throughout his career, he has worked on popular educational programs like Reading Eggs, and been a speaker and presenter at various conferences such as the Data & Marketing Association Conference, National Conference for Database Marketing, and Retailing.org’s Direct 2 Customer Conference. 

Alpern has also taken his experience to the classroom as an Instructor of Internet Marketing at California State University, Long Beach's College of Business Administration. During his time there, his classes were so highly sought after that the waiting list for his course became considerable.  Then in 2009 Alpern founded his own company, InternetOMG, also known as the Internet Online Marketing Group.   

"My initiative [was] to coalesce several freelancers together to help clients with their lead generation, traffic acquisition needs," said Alpern reflecting on how the company came to be.  

With eleven years of experience in multiple industries already behind him, Alpern was able to establish, maintain, and grow the interactive marketing consulting firm to what it is today. Through InternetOMG he had the opportunity to work with companies like Skechers and Everyday Health, in addition to other agencies like Phelps, and Rhythm. 

"I love opportunities where there's creation," Alpern said when discussing his desire to create InternetOMG and its relation to his new role at Toolots. He cited the value of innovation and discovery within a start-up company before recalling his time at AltaVista twenty years ago, when the internet company was experimenting with the mechanics and best practices of PPC.  Upon asking his personal objectives for Toolots he stated he planned to, “pursue the fundamentals, pursue internal education, and pursue our audience” to create universal knowledge throughout the company and increase efficiency online. 

"I call this whole process 'traffic optimization'" Alpern stated, referring to the full creation and employment of Toolots' new online systems. The implementation of these processes will streamline online content for the company, and enhance the experience for visitors of the site. Toolots' existing and potential vendors and customers alike will be able to access their desired information more readily, therefore enhancing their shopping experience as well. 

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. 

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Xiuzhou Economic Development Delegation from Jiaxing, China visits Toolots and local SMEs

Tenghui Guo, Executive Deputy Governor of Jiaxing, giving open remarks to attendees.

CERRITOS, Calif – August 17, 2017 – Toolots was honored to receive over 40 prestigious guests Tuesday for an exclusive US-China Manufacturing Delegation held at its’ headquarters. The event aimed to gather US and Chinese government officials with expertise and experience in the manufacturing industry with local US manufacturers to discuss the importance of bridging the gap between the Pacific, how to improve trade relations, and the future of the industry as a whole. Attendees were given the unique opportunity to ask delegates questions regarding the industry and the importance of California and the Xiuzhou District.

The event began with with remarks by Toolots Founder Jason Fu and the Executive Deputy Governor of Jiaxing Tengui Guo, who stressed the importance of strong trade relations to streamline industrial commerce between the United States and China. Cerritos Mayor Grace Hu then delivered a proclamation certificate to Guo, to thank the delegation for choosing the city of Cerritos and its’ businesses to begin strengthening relations.

“California is open for business [and happy to] support our residents here within the district” Adam Galia, a District Representative for California State Senator Tony Mendoza, stated. Galia then presented the delegation with a certificate on behalf of the Senator for the 32nd District. “[We] commend your contributions to this form of helping  American businesses in advancing and improving relations between our two countries” Galia read, verbatim, from the certificate.

Lisa Zhou, President of the Chinese CEO Organization, followed Galia by presenting a certificate of recognition for contributions to the development of the Chinese-American business community, noting the Xiuzhou Economic Development Delegation’s commitment to improving trade relations. Desmond E. Thompson, Vice Chairman of the Board for the Cerritos Regional Chamber of Commerce, then discussed China’s role in international trade with the US. With over $600 billion in total trade with China in 2016, the Vice Chairman was thrilled that Toolots and the Delegation chose Cerritos as their headquarters and event location. “Toolots [is] helping expand the local opportunities for all businesses to play a role in this significant source of trade,” said Thompson.

Vice Chairman of the Board for the Cerritos Regional Chamber of Commerce, Desmond E. Thompson, discusses US-Chinese trade and the potential benefits for local SMEs.

Toolots Chief Technology Officer, Bill Andreozzi then took the stage to provide guests an introduction to Toolots’ unique platform. Briefly, Andreozzi explained Toolots’ vertical approach to the market, and how after-sale services can disrupt traditional eCommerce models. The event concluded with an industrial equipment cross-border eCommerce platform signing ceremony, a group photo, and a networking luncheon.

Representatives from the Xiuzhou Economic Development Delegation from Jiaxing, China (嘉兴市秀洲区经贸考察团) included:

• Tenghui Guo: Executive Deputy Governor, People's Government of Xiuzhou District, Jiaxing City
• Chunfu Dong: Deputy Director, People's Republic of Xiuzhou District, Jiaxing City
• Xihua Xu: Director, Jiaxing Xiuzhou Bureau of Economy & Commerce
• Jianzhong Du: Deputy Director, Development and Reform Bureau of Xiuzhou District, Jiaxing City
• Yong Qian: Director, Bureau of Economic Development & Statistics, Jiaxing Xiuzhou National Industrial Development Zone
• Yanqin Ma: Project Manager of Service Investment Bureau, Jiaxing Xiuzhou National Industrial Development Zone (interpreter)

According to the Chinese government officials who attended, California’s role in global commerce is imperative. International contributions through trade and investment will provide significant benefits to the manufacturing community,extending beyond American businesses and their employees to assist the communities they operate in as a whole.  

Group photo of attendees of the US-China Manufacturing Delegation hosted by Toolots at their Cerritos, CA headquarters.

“Xiuzhou can help American companies to develop their businesses,” said Guo, Executive Deputy Government for the People’s Government of Xiuzhou in Jiaxing City. Guo was one of six members of the delegation who traveled to Toolots Cerritos headquarters for the event. He further added that the Chinese government wants to reinforce its national manufacturing reach by solidifying strategic partnerships with esteemed foreign manufacturers, like those located throughout the state of California. During a brief presentation, Xihua Xu, Director of the Jiaxing Xiuzhou Bureau of Economy and Commerce, discussed the manufacturing resources, potential partnerships, and investment or partnership opportunities in his city. While these partnerships are valuable to Chinese government officials, it’s also an opportunity for American manufacturers to broaden their market, invigorate production, and spark increased localized growth. “We think Toolots will become a bridge between companies in China and California, and elsewhere in the United States.”

The US-China Manufacturing Delegation is one example of Toolots’ ongoing ambition to increase engagement between the US and Chinese industrial communities to help promote localized economic growth in Southern California while also educating US SMEs on how to effectively export their products to the overseas market. Additionally, the Company’s streamlined global eCommerce platform makes it easy for manufacturers to sell their products to long-tail, or niche, markets.

Toolots differentiates itself from the competition by providing the logistical, financial, and personnel support to get new products in the hands of new customers in addition to comprehensive after-sales services. This affords small to medium sized enterprises the ability to focus on the quality of their products, while Toolots handles the heavy lifting. To learn more or to list your company’s products on our eCommerce platform, sign up at www.toolots.com.

Atosa Catering Equipment President Michael Shao said his company's product quality and emphasis on service sets them apart from competitors.

BREA, Calif. – July 3, 2017 – Atosa Catering Equipment, Inc., a leading provider of commercial refrigeration, gas equipment, food warmers and smallwares, didn’t start out as a global business. But by focusing on providing excellent customer service, reliable equipment at aggressively competitive prices, and by funding research and development to enable product innovation, Atosa Catering has established a wide ranging customer base that has allowed them to extend sales to more than 100 countries so far.

Founded in 2003 and based in Hangzhou, China, the family-owned company now led by President Michael Shao started small. Ten years after it was founded, Atosa expanded its sales into the United States marketplace. Today, Atosa Catering Equipment now has 12 facilities stretched across the United States, all staffed with in-house technicians to provide after-sales service – an aspect of the business model Atosa leadership takes seriously.

Atosa first expanded its reach into the U.S. market four years ago, and now utilizes a network of authorized distributors to get its efficient and long-lasting refrigeration equipment in the hands of American commercial consumers, including on Toolots.com through a distribution agreement with Toolots’ sister company, Bolton Tools. Shao said customers have relayed that the quality of Atosa products greatly exceeds their expectations and that their extensive service network, with technicians available in 12 states and on-demand across the country, help ensure long-term sales into the future.

“Nobody in this industry has this kind of service,” he said. “Customers tell us they’re extremely happy with my company’s products and service. The American saying goes ‘you get what you pay for,’ but with Atosa Catering Equipment, you get more than you pay for.”

As a testament to the company’s emphasis on excellent service, the entire Atosa USA sales team has visited the company’s factory in Hangzhou, as part of an educational trip to help them become more familiar with not only the products, but the people and the technology behind them.

One of many Atosa products perfect for commercial and industrial applications is the bottom mount three-door refrigerator - promising not only energy cost savings but also reliability, competitive affordability and longevity.

“They were impressed by our China facility and were amazed at how much automation is available. The experience makes them more confident selling on the U.S. market,” Shao said.

Since Atosa products hit the Toolots Merchant Center in May through the Bolton Tools agreement, sales of the global company’s products have increased, as have inquiries from new customers looking for durable yet cost-effective commercial refrigeration units.

Speaking of Toolots Founder and Chief Executive Officer Jason Fu, whom Shao has developed an effective business relationship with since, he said, “Jason is a visionary businessman. What he is doing with Toolots is inspiring.”

“With the help of Toolots, we’ll be penetrating markets we didn’t expect to be in,” Shao added.

When asked what sets apart Atosa products from its competition, the company president said heavy, longstanding investments in research and development, striving for increased energy efficiency and durability, are a top priority. The company does not cut corners, but strives to serve as a responsible ambassador of what the best of Chinese manufacturing can truly accomplish.

“You have to invest heavily in R&D. Your quality cannot be dropped,” Shao said. “You need to keep investing to do everything you can to defend your brand, your reputation. Conquer the problems in order to make your product better and better.”

One of the challenges faced by many foreign companies considering entering the U.S. market, Atosa included, are the shifting legal standards, import restrictions, labor laws and many others. With Toolots’ help, Atosa has access to logistical, capital and other types of support that makes the manufacturer’s job easier.

“Toolots allows them to focus on product development, education and guiding them to comply with U.S. laws and standards,” Shao said.

Shao added he believes himself to be an ambassador for the Chinese manufacturing industry, taking pride in the heavy investments into research and development to make his company’s products more efficient year after year and of increasingly high quality. Additionally, an emphasis on growing the company’s service team, both from a customer service and technical perspective, has helped grow Atosa’s reputation, Shao said.

Looking ahead, the Atosa Catering Equipment president added, “I am excited about the future of Atosa. I have great faith in Toolots. It has great leadership and a professional team. It’s an excellent platform for Chinese manufacturers to enter the U.S. marketplace."

Atosa Catering Equipment Inc., products are currently available on Toolots.com and are distributed through Bolton Tools. For additional information, visit Toolots.com or contact our Customer Service Representatives at (844) 866-5687.

CERRITOS, Calif. – June 27, 2017 – Toolots, Inc., a Southern California-based online marketplace and distribution channel for factory-direct industrial machinery, equipment, and manufacturing equipment, is pleased to announce the addition of a new vendor in Long Beach, Calif. Morgan Industries, Inc., founded in 1968, is a manufacturer of plastic injection molding machines perfect for short-run manufacturing and prototypes.

President of Morgan Industries, Chuck R. Land, demonstrates the operation for the company's Morgan-Press. The injection molding machine is perfect for short-run and prototype manufacturing, is simple to use, and utilizes minimal energy.

Morgan Industries has been based in Long Beach since its inception, and over the years has continuously produced quality, hand-crafted hand press injection molding machines. President Chuck R. Land, who joined Morgan Industries in 1970, said the company got its jumpstart after one of the world’s largest toy manufacturers sought their expertise to develop a machine for prototype design and production. After back-and-forth with the manufacturer and a few prototypes, the Morgan-Press was created. To date, thousands have since been shipped domestically and abroad.

Land said it’s a source of pride knowing hundreds of factories, shops, educational institutions and others around the world have Morgan-Press injection molding machines running, even decades after purchase. “We have machines out there that have been running for more than 30 years,” he said.

Morgan Industries’ Morgan-Press injection molding machines come with the following standard features: solid state temperature controllers with a digital setpoint and readout, three-mode proportioning and programmable controls from 0-800 degrees Fahrenheit (0-430 degrees Celsius). The long-lasting and time-tested heavy duty cast aluminum construction provides additional longevity for your machine, including hardened and chrome-plated barrels. The Morgan-Press includes a generous 8” by 11” inch maximum mold plan area, and injection speed control provides variable cavity fill rates into the mold.  

Hooking up Morgan-Press injection molding machines is convenient with 120 volt AC and compressed air (maximum psi of 160), and 240 Volt AC upon customer request. A wide range of optional, add-on equipment provides additional customization and functionality for each unique job. Add-on equipment currently available includes a pre-heat plate, standard and anti-drool nozzles, a nozzle adapter and pneumatic hook-up kit. The all-inclusive hook-up kit simplifies installation of the Morgan-Press machine and includes a shut-off valve, in-line filter and lubricator quick disconnect, and all necessary fittings and hoses needed to connect the press to a compressed air outlet.

Land said Morgan Industries is firmly dedicated to workplace safety, and their injection molding machines have had these safety features for decades, long before federal requirements. All Morgan-Press machines come with a safety cage surrounding the mold assembly, and a safety gate protecting the hopper to protect the operator from heated plastic and moving machine components.

Additionally, Morgan Industries offers a mold spacer block to increase table height, a purging mold, barrel cleaning kit, as well as a start-up kit that includes testing material – 15 pounds of easy-flow polypropylene for initial machine tryout, mold testing, and purging.

Morgan Industries has been a reliable, profitable operation serving hundreds of different companies, educational institutions for over 45 years, according to Land. One element that sets the Morgan-Press apart from its competitors is its ease of use. No special skills are needed to operate the injection molding machine, and it utilizes very little electricity.

“We deal with a lot of beginners in the industry,” Land said. “We’ve found that almost anyone with practical shop skills can quickly learn to produce at rates of up to 180 shots per hour…it’s not rocket science, but it’s practical. From an industry standpoint, it’s also an energy saver.”

To purchase the Morgan-Press, visit the Morgan Industries portal on the Toolots Merchant Center here. They are available to U.S. and international customers.

New Executive to Architect Platform for Digital Economy to Globalize Manufacturing in the U.S. and China

William Andreozzi, who played an important role for several startup and enterprise companies for over two decades, has joined as Chief Technology Officer for Toolots to help guide the company’s future growth and strengthen the Toolots backbone – its online platform and related technology.

CERRITOS, Calif. – June 23, 2017 – Toolots, Inc., a Southern California-based online marketplace and full-service provider of the latest industrial equipment, machinery and technology fueling the global manufacturing industry, is injecting new energy and vision through the hiring of an experienced technology executive.

William Andreozzi, who played an important role for several startup and enterprise companies for over two decades, has joined as Chief Technology Officer (CTO) for Toolots to help guide the company’s future growth and strengthen the Toolots backbone– its online platform and related technology. Toolots is expanding its team of key internal personnel to provide support for the Cerritos-based company’s ongoing development.

Toolots Founder and Chief Executive Officer Jason Fu said, “New blood is bringing big experience, and this helps us to continue putting together a great team that serves as our foundation.”

Toolots Chief Operating Officer Raymond Cheng added, “I am excited to introduce the newest member of the Toolots team, who brings with him a wealth of valuable experience to our company. We are eager to have him help shape and direct our ongoing growth.”

In 1992, Andreozzi left the university path to join Microsoft. Belonging to an elite team of passionate managers and “prodigy programmers” enveloped in technology from a young age, he was selected to nurture the growing company’s infrastructure and product supportability.

“At the end of the day, it was a great team working to solve really difficult problems,” Andreozzi said, of his time at Microsoft. “The company grew fast by breaking into new markets with such passion throughout the 1990s.”

Now a technology executive for more than 30 years, Andreozzi gained experience managing technology for companies and organizations with a focus on eCommerce and supply chain logistics.  It is that experience, of which Fu is well-versed himself, that has proved and will continue to be instrumental in helping Toolots fully optimize their technology operations. With Andreozzi’s addition, the company is ushering in a new revolution for globalizing manufacturers through a simple, user-friendly yet highly scalable platform to achieve international success for small-to-medium enterprises (SMEs).

"Toolots is uniquely positioned to help manufacturers enter and succeed in the competitive global market by optimizing their supply chain logistics and online distribution," said Toolots Chief Technology Officer Bill Andreozzi.

“Solving economic problems for any country must start with the small-to-medium enterprises; Toolots is uniquely positioned to help manufacturers enter and succeed in the competitive global market by optimizing their supply chain logistics and online distribution. Toolots is setting the foundation for a new digital economy and will focus their efforts alongside the B20 with global connectivity, Industry 4.0 and the industrial internet and artificial intelligence.”

“I consider myself successful in that I strive to do things that challenge me, and I love a good challenge,” Andreozzi added. “I’m passionate about the Toolots mission to build up manufacturing on a global scale. This is an exciting time in my life where there is true synergy between myself, the board of directors and the CEO. We are here to build something beautiful that is going to truly help people.”

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

CERRITOS, California - June 22, 2017 -  Toolots, Inc., a Southern California-based online marketplace for advanced manufacturing technology, is delighted to announce the addition of Tekscope lab equipment to their growing online marketplace. Offering a range of microscopes, imagers, and pedagogic kits, these products bring new technology and solutions for both manufacturing and non-manufacturing industries.

The Tekscope M2-1B-E200 monocular compound microscope has interchangeable WF10X and WF25X eyepieces, a 45-degree incline and a 360-degree rotation head for comfortable viewing. This microscope and many others are in stock and ready to ship from our California headquarters.

By partnering with Tekscope to provide reliable laboratory equipment at competitive prices, Toolots further expands into new categories of manufacturing products to supply domestic and international companies with cutting-edge technology.

A wide range of types of microscopes are in stock now and ready to ship on Toolots.com, with both compound and stereo magnification capabilities and built-in cameras. With a magnification of up to 100x, stereo microscopes are typically used to view specimens visible to the naked eye and many industries use these scientific tools to ensure the quality of their products. The textile industry utilizes microscopes to source the best materials for their products, for example, while the electronics and watchmaking industry use the tools for small parts assembly. Many others in the industry use these items for final inspection before shipment and delivery. From beginning to end, this equipment is used to guarantee a standard of excellence for each industry.

Offering powerful options, Tekscope supplies compound microscopes with magnification ranging from 4x to 100x, and Toolots is proud to offer these competitively priced systems. Capable of seeing cell structures, this type of equipment is most often utilized in the medical and education industries providing academic institutions with standard research and learning tools.

For added power, Toolots also has in stock a trinocular series with magnification capabilities from 40x to 1600x, complete a Kohler illumination system with a 3W LED. Complete with a 3MP digital camera with 40x magnification and a 0.37x reduction lens to provide a field of view similar to the microscope eyepiece, this product is capable of streaming live videos to a computer or projector. Used to research microorganisms, bacteria, viruses, and more, these products help to deliver new medical treatments and technologies that benefit millions of people.

Toolots is deeply committed to providing the medical industry with the products needed to propel research and increase biomedical innovation, all at affordable prices and with equipment in stock at its Cerritos, Calif. headquarters. This dedication is visible through a recurring initiative to bring together manufacturers from the U.S. and China, most recently via the 2nd Annual US-China Manufacturing Exchange Summit. Co-hosting the September 2017 event, taking place in Yuyao, China, is the China Chamber of Commerce for Import & Export of Medicines & Health Products (CCCMHPIE), the leading and most influential national trade association in China responsible for governing the import and export of all medicine and health-related products.

Focusing on improving international trade relations and streamlining industry innovation and cross-border growth, the summit will continue dialogues between U.S. and Chinese manufacturers interested in expanding their distribution or operations overseas. These dialogues are an incredible opportunity to learn about how to sell U.S. products into the Chinese medical device market, or simply learn what it takes to sell your products effectively on the Asian market. With personalized matchmaking of U.S. and Chinese manufacturers, as well as roundtable discussions with international trade experts, manufacturers, associations, and industry-related government officials, attendees will have the chance to develop strong relationships, learn about successful  and enter or expand their international commerce and economic growth.

The event will be held Sept. 24-26, 2017, at the prestigious Grand Pacific Hotel in Yuyao, China. If you have any questions or would like to discuss logistics for you, your company or industry colleagues interested in learning more, please contact Toolots Director of Public Affairs Chris Foy at cfoy@toolots.com or call (844) 844-5867. For the latest updates about the event, visit us online at http://www.toolots.com/summit2017.

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.