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ToughBuilt Industries, Inc., Lake Forest, CA

Posted on May 26, 2020

Lake Forest, CA, May 22, 2020 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW) today announced the expansion of its distribution network by warehousing products in Mexico to support South American demand.

Chief Executive Officer Michael Panosian said, “As business begins to resume to normalcy, we are seeing increased demand throughout Central and South America. We anticipate new business opportunities throughout Mexico and Latin America, specifically, and we believe having inventory in Mexico is a strategic move to support our clients by enhancing our logistics capabilities and customer service initiatives. “


ToughBuilt is an advanced product design, manufacturer and distributor with emphasis on innovative products. Currently focused on tools and other accessories for the professional and do-it-yourself construction industries. We market and distribute various home improvement and construction product lines for both the do-it-yourself and professional markets under the TOUGHBUILT brand name, within the global multibillion dollar per year tool market industry. All TOUGHBUUILT products are designed by our in-house design team. Since launching product sales in 2013; we have experienced significant annual sales growth. Our current product line includes three major categories, with several additional categories in various stages of development, consisting of Soft Goods and Kneepads and Sawhorses and Work Products. Our mission is to provide products to the building and home improvement communities that are innovative, of superior quality derived in part from enlightened creativity for our end users while enhancing performance, improving well-being and building high brand loyalty. Additional information about the Company is available at: https://www.toughbuilt.com/.

Source Destination: https://ir.toughbuilt.com/press-releases/detail/63/toughbuilt-expands-distribution-in-mexico
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