Toolots

Toolots has announced the addition of a new vendor, Phoenix Phase Converter, to our E-Commerce marketplace and Global Commerce Services initiative. Based out of Phoenix, Arizona, Phoenix Phase Converter is “the one-stop shop for your phase converter needs,” and they manufacture electric motors and custom accessories for a wide range of projects (Phoenix Phase Converter). Phoenix Phase Converter’s products will be available on Toolots.com and Toolots marketplaces early January 2017 for sale to customers located domestically in the U.S. and internationally in China.

All Phoenix Phase Converter products are designed, developed, and manufactured in-house at their Arizona facility, where fulfillment and delivery also takes place (Phoenix Phase Converter). Phoenix Phase Converter manufactures phase converters, electric motors, and accessories for common projects, but the Made in USA company possesses the capability to create customized items for individual projects and needs. Toolots is pleased to offer our domestic and international customers high quality phase equipment, electric motors, and accessories through the inclusion of Phoenix Phase Converter! For purchasing information, visit Phoenix Phase Converter’s marketplace on Toolots.com.

CERRITOS, Calif. - January 6, 2017 - Toolots, Inc., a California-based provider of factory-direct industrial machinery, equipment, and technology, concluded 2016 by hosting several major investment entities, located locally throughout Southern California, for a year end investor conference on December 23,2016.

Investor attendees had the opportunity to tour Toolots’ 114,000-square foot facility including the company’s expanded warehouse where their fulfillment and shipping processes occur. However discussing Toolots’ recent and future achievements was the primary focus.

Jason Fu, founder and CEO, lead the discussion highlighting Toolots’ major accomplishments and positive growth in 2016. One such topic included Toolots’ successful launch of their E-Commerce site, and its subsequent expansion, earlier this year in May of 2016.  Toolots’ E-Commerce model emulates major online marketplaces like Amazon, Ebay, and Aliexpress. However Fu explained it improves upon these markets by focusing exclusively on the manufacturing and machining community to allow its customers and vendors the freedoms of access and variety without sacrificing product or customer service quality. Following this accomplishment Toolots launched its free companion app, YuuTool, to connect the manufacturing community both domestically and internationally with quality machine service and repair.

George Zhao, Director of Chinese Ministry for the Kay Family Foundation located in Irvine, CA, was in attendance and stated he was excited and encouraged by the fact that Toolots is essentially “within a niche market, [and] mastering one area of business instead of being mediocre at many” which will allows them to focus on the manufacturing community. Zhao stated that a significant gap currently exists between the U.S. and China’s manufacturing and machining communities. “Toolots is building a manufacturing bridge between the U.S. and China,” Zhao stated as a major factor in strengthening manufacturing capabilities that the domestic and international manufacturing communities could notably benefit from.

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.

Toolots is pleased to announce the addition of a new vendor, Spray Tech/Junair, to our E-Commerce marketplace and Global Commerce Services initiative. Based in Rialto, California, Spray Tech/Junair “designs and manufactures the "highest quality spray booths, bake ovens, prep stations, paint mixing rooms, and powder coating equipment in the industry.” Spray Tech/Junair’s products are currently available on Toolots.com for sale to customers located domestically in the U.S. and internationally in China.

All Spray Tech/Junair products are made in the United States at their Rialto headquarters, and as a whole the company aims to be “the premiere designer and manufacturer of precision, quality constructed spray booths and essential peripheral equipment to allow our customers to safely paint and refinish their products” (Spray Tech/Junair). With the purchase of each Spray Tech/Junair product, the Made in USA company provides maintenance, replacement parts, upgrades, and emergency repair that adheres to current EPA, OSHA, and other statutory obligations.

Toolots is pleased to offer our domestic and international customers high performance paint booths and equipment through the inclusion of Spray Tech/Junair. For purchasing information, visit Spray Tech/Junair’s marketplace on Toolots.com.

Toolots’ current projection for 2017 includes the addition of 100 new U.S. based companies to their network to sell and export their products to Asia

CERRITOS, Calif. - January 3, 2017 - Toolots, Inc., a California-based provider of factory-direct industrial machinery, equipment, and technology, is starting the new year with plans to induct 100 U.S. based manufacturing companies join their network. Expansion of Toolots’ industrial online marketplace will double their product offerings from four lines to at least eight in the first few months of 2017. Furthermore, Toolots’ industry products within their marketplace will see an expansion in green energy, medical research and equipment, automation, material handling, and food production categories.

Toolots’ announcement comes during a global shift in the political climate within which the U.S. is focused on profitability from exporting goods to countries, like China, who are eager to import quality products. This change allows U.S. companies to expand domestic resources and jobs to match the demand for imported goods in foreign markets.

Jason Fu, Founder and Chief Executive Officer of Toolots Inc., stated Toolots’ aim has always focused on “fostering international trade relations amongst businesses and by adding 100 U.S. based companies to our network we increase domestic opportunity by creating jobs here in the U.S. and by expanding domestic manufacturing resources and profits through product exportation.”

One contributing factor to the success of Toolots’ plan is their upcoming role as the organizers for a June 2017 conference in Ningbo, China. The US-China Medical Device Summit will include two days of panels and networking for major U.S. and Chinese players in the industry, followed by a third day for tours of the manufacturing industrial parks. Fu stated success would be accomplished through the culmination of the company’s “hard work and efforts.”

Toolots’ announcement follows the launch of their companion smartphone app YuuTool in December 2016, the completion of their inaugural Manufacturing Summit hosted locally in Cerritos, CA August 2016, and their expansion to a larger facility this past July 2016.

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 and China. For more information about Toolots, visit their website.

YuuTool, released this December on Apple and Android marketplaces, connects owners and users of industrial machinery with technicians for repairs, maintenance, and more.

December 16, 2016 Update: YuuTool has officially launched. To learn how to register, watch the video (below) or visit the YuuTool website.

A screenshot of the easy, user-to-user interface

CERRITOS, Calif. - December 12, 2016 - A smartphone application developed by Toolots Inc., a California-based provider of factory-direct industrial machinery, equipment and technology, will soon connect customers around the world in need of repairs and maintenance on their equipment with qualified technicians based on the customer’s location. The application and online user-to-user resource network released by Toolots this month, called YuuTool, makes it easy to find a qualified service technician in your vicinity, no matter where you are. Yuutool’s unique design also allows qualified and vetted technicians to find local repair jobs. YuuTool is free to download on both the Apple and Android marketplaces.

Developed to help manufacturers minimize operational downtime and avoid costly replacement machinery, YuuTool allows customers to focus on daily business operation tasks while mechanics come directly to you - from anywhere in the world. The application is easy to use, and contains a variety of helpful features such as text and picture messaging allowing customers and vendors to efficiently and effectively communicate. Take additional comfort in knowing that each partnering service provider has been vetted by Toolots, and the work performed satisfies any existing Toolots warranty.

Through our proprietary smartphone application for both Apple and Android devices, YuuTool draws up a network of qualified mechanics near you, allowing you to choose and connect to the right professional for your specific equipment. The process is simple; open the app, click on a qualified mechanic at your preferred location, and call or email them directly through the application. It’s just as easy for vendors, who are only listed on YuuTool after thorough review of qualifications and vetting, to connect with customers and respond to their questions.

YuuTool also includes an online forum and classified marketplace, allowing the machine tooling and manufacturing community a platform to interact and connect, solve mechanical problems or machine-related issues, and/or sell industrial equipment, tools, and components. The application provides user-to-user resources, empowering the industrial machinery sector to work together at the local level to find solutions.

“YuuTool will change the way our customers, existing and future, think about repairs and maintenance on their industrial machinery. Mechanics come directly to you under our model,” said Toolots Chief Operating Officer Raymond Cheng. “Our mission is to increase access to services, help customer equipment stay in order longer and under warranty to prevent production disruptions and to ensure our customers are satisfied.”

For more information about how YuuTool can help keep your essential machinery in working order, visit our website at YuuTool.com. The application is now available for free download on the Apple and Android online marketplaces.

Features include:

-Vetted network: YuuTool helps connect you with an international network of qualified service technicians who are ready to repair and service your industrial machinery, helping you keep up with demand and production.

-Proprietary smartphone app: YuuTool’s application finds the technicians near you, pulling from a network of trained mechanics to minimize your operation downtime. Developed specifically for use by our customers, this application is user-friendly.

-Quality repairs: Maintenance and repair services are performed by a network of skilled, experienced technicians and backed by the YuuTool warranty. No longer will customers have to single handedly track down a provider to maintain their warrantied equipment or devices.

-Administrative support: Take comfort knowing that we at YuuTool have the administrative support to walk you through the process from start to finish, ensuring the job is done right. Our customer service team will guide you through the simple sign up procedure and proactively answer any questions you may have.

For more information about YuuTool or Toolots, please contact Samantha Hyatt, Director of Public Affairs, at shyatt@toolots.com.

During keynote speech, Chairman of the House Foreign Affairs Committee and U.S. Congressman Ed Royce addresses international attendees at Toolots’ inaugural event

U.S. Congressman Ed Royce addresses guests at the Toolots Inaugural Manufacturing Exchange Summit Aug. 29, 2016

CERRITOS, Calif. – Aug. 29, 2016 – U.S. Congressman Ed Royce, Chairman of the House Foreign Affairs Committee since 2013, addressed an international audience at the Toolots Manufacturing Summit on Monday. He spoke about the need for international trade agreements that provide mutual benefit for both the United States and China, and advocated increased dialogue and collaboration with global partners.

Royce's speech was one of many given by distinguished guests from the private and public sectors in both countries at the event hosted by Toolots, an E-Commerce business headquartered in Cerritos, Calif. that provides industrial machinery, tools and equipment to worldwide manufacturers.

“One of our goals is to deepen and expand ties between Asia and the United States,” Royce said, speaking to industry, government and thought leaders from the United States and China. “We want everyone in this room to have a level playing field.”

The Congressman, who represents the 39th District of California and also serves on the House Financial Services Committee, said one aspect of the U.S. government’s focus is on cultural exchanges between the two countries – but it’s deeper than that.

“(It’s also) on the issues of how we can address some of the mutual concerns; how we can get a bilateral treaty and an agreement with high standards for mutual benefit,” he added. “We want to open market access for our manufacturers who are trading.”

Recognizing California’s significance to not only the U.S. but world economies, Royce said “trade here is in our DNA” and pointed out the state does approximately $165 billion each year in the import/export industry.

After speaking to the audience about California’s place in the world and ways China and the United States can work together to solve mutual problems, from intellectual property protection concerns to customs and regulatory issues, Royce presented Toolots Chief Executive Officer Jason Fu with an American flag flown over the U.S. Capitol. It was accompanied by a certificate of authenticity provided by the Architect of the Capitol.

Later, Royce expressed appreciation for the opportunity to meet with international leaders at the Summit. He stressed both the value and importance in interacting with world leaders to solve shared problems.

“That strategy of continuing to engage is one I think is very important for the United States and China,” he added.

Toolots Launches E-Commerce Website for Factory-Direct Industrial Tools, Machinery and Technology

Online marketplace and distribution channel simplifies global commerce for manufacturers in the United States and Asia

CITY OF INDUSTRY, Calif. – May 5, 2016 – Toolots, Inc., a company that provides a factory-direct e-commerce platform for international manufacturers to easily and affordably purchase and sell industrial tools, machinery and technology, announces the launch of Toolots.com. The online marketplace and distribution channel creates fast, easy access to high-quality, affordable industrial equipment for manufacturers around the world, while streamlining the purchase, delivery, installation and warranty of these products.

Jason Fu, Toolots Founder and Chief Executive Officer, said, “We are passionate about enabling and fostering international trade relations, specifically between the United States and China. Global manufacturers can realize significant benefits from working together, but complexities within the supply chain often prohibit them from forming partnerships. Through Toolots.com, we provide a vessel to simplify global commerce and promote localized economic growth.”

Toolots.com is an easy-to-use online platform for manufacturers to purchase and sell industrial tools, machinery and technology. The company provides a comprehensive distribution solution that centralizes and streamlines the marketing, sale, delivery, installation and warranty of high-quality, affordable industrial tools and machinery. Through its thoroughly vetted network of vendors and service technicians, Toolots upholds the quality of imported goods and a high standard of customer service.

Raymond Cheng, Toolots Chief Operating Officer, said, “Toolots’ mission to streamline industrial commerce worldwide is centered on an innovative, localized approach to distribution. Similar to well-known consumer e-commerce sites, Toolots has strategically located warehouses throughout the U.S. and China to speed up the fulfillment process. A shorter shipping timeline will reduce downtime and improve productivity for manufacturers.”

Toolots partners with vendors that have a history of producing high-quality products. To provide a comprehensive range of high-quality equipment, Toolots looks for vendors that have a full line of products and manufacture most, if not all, the parts of the equipment in their own factories. Toolots is looking to add U.S. Manufacturers to its preferred vendor program and asks companies interested in extending their distribution channels to read more about selling with Toolots.

About Toolots.com

Toolots.com is an online marketplace and international distribution channel for factory-direct industrial tools, machines and technology. The easy-to-use platform creates fast, easy access to high-quality, affordable equipment for manufacturers around the world. Toolots’ comprehensive services streamline the purchase, delivery, installation and warranty of industrial tools, machinery and technology, and uphold the quality of imported goods through a thoroughly vetted network of vendors and service technicians. The company’s dedication to fostering international trade relations passes cost savings on to the consumer, resulting in reduced downtime, improved productivity and an expanded workforce. Toolots is headquartered in California, and owns warehouses and showrooms across the United States and China. For more information, visit www.toolots.com.

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

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

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

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

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

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

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