ToughBuilt Industries Expands Retail Network in the United Kingdom
IRVINE, Calif., Sept. 29, 2022 (GLOBE NEWSWIRE) -- Today, ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW) -- has today announced major expansions to its network of
storefronts in Great Britain, confirming broad new and expanding agreements with Huws Gray, Selco Builders Warehouse, MKM, City Electrical Factors, and Carpet & Flooring, magnifying the
company’s online marketplace presence in Great Britain and representing more than 900 collective retail locations across the country.
Huws Gray is the United Kingdom’s largest independent builder’s merchant. Supplying materials to professional and DIY end users alike, it operates over 300 storefronts that trade under various brand names, including Huws Gray, Buildbase, The Timber Group, Civils & Lintels, and Frontline.
Additionally, ToughBuilt welcomes Selco Builder’s Warehouse, the UK’s fastest growing builder’s merchant, who distributes to construction professionals nationwide with a network of more than 73 outlets set to reach 100 locations by the end of 2026. As well as MKM, a building, timber, and plumbing supplies provider with more than 90 branches across England, Scotland, and Wales, and Carpet & Flooring, one of Britain’s largest flooring retailers and winner of the Contract Flooring Journal distributor of the year 3 years in a row.
ToughBuilt is also pleased to work with City Electrical Factors (CEF), the United Kingdom’s leading electrical wholesaler network. Beginning with a single storefront in Coventry in 1951, CEF has grown to more than 400 locations nationwide.
ToughBuilt CEO Michael Panosian stated, “ToughBuilt is growing rapidly in the United Kingdom, and we are pleased to expand our distribution network by nearly 900 storefronts across Great Britain. We are confident that this increased presence in the country will continue to grow our substantial market share and promote continued awareness of our brand’s commitment to premium quality products.”
ABOUT TOUGHBUILT INDUSTRIES, INC:
ToughBuilt is an advanced product design, manufacturer and distributor with emphasis on innovative products. Currently, we are 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 of our 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 & Kneepads and Sawhorses & 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/.